0001193125-11-241502 Sample Contracts

LOAN AUTHORIZATION AGREEMENT DATED: SEPTEMBER 6, 2011
Loan Authorization Agreement • September 7th, 2011 • GTCR Gridlock Acquisition Sub, Inc. • Services-miscellaneous business services • Illinois

The Borrower referred to below has applied for, and BMO HARRIS FINANCING, INC., Chicago, Illinois (the “Lender”), has approved the establishment of, a loan authorization account (“Loan Account”) from which the Borrower may from time to time request loans and letters of credit up to the maximum amount of credit shown below (the “Maximum Credit”). Interest on such loans is computed at a variable rate which may change daily based upon changes in the Prime Rate or the LIBOR Quoted Rate (each hereinafter defined). The Borrower may make principal payments at any time and in any amount. The request by the Borrower for, and the making by the Lender of, any loan against the Loan Account or the issuance by BANK OF MONTREAL (Bank of Montreal in such capacity herein referred to as the “Issuing Bank” and Bank of Montreal in any other capacity herein is referred to as the “Reference Bank”) of a letter of credit, shall constitute an agreement between the Borrower and the Lender as follows:

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.