Accommodation Overadvance Limit means up to $1,000,000 from the Accommodation Overadvance Funding Date through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement).
Accommodation Overadvance Limit means up to $750,000 from the Accommodation Overadvance Funding Date through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement).
Accommodation Overadvance Limit means an amount up to $1,650,000; provided, however, that Borrower acknowledges and agrees that if the full of amount of the Accommodation Overadvance Limit is not drawn by 5:00 p.m., July 30, 2010, the Accommodation Overadvance Limit shall automatically be reduced to $1,500,000.
More Definitions of Accommodation Overadvance Limit
Accommodation Overadvance Limit means an amount up to $1,325,000 from the date of that certain Seventeenth Amendment to Forbearance Agreement through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement); provided however, if Lender receives evidence, satisfactory to Lender in its sole discretion, on or before June 25, 2010, that Obligors have executed a letter of intent for an Alternate Transaction, acceptable to Lender in form and substance and which Lender determines in its reasonable discretion provides proceeds sufficient to repay and satisfy the Indebtedness in full and in cash, the Accommodation Overadvance Limit shall automatically be increased to $1,500,000 effective as of June 26, 2010.
Accommodation Overadvance Limit means an amount up to $2,275,000 from the date of that certain Twenty-First Amendment to Forbearance Agreement through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement).
Accommodation Overadvance Limit means up to $2,000,000 from the Accommodation Overadvance Funding Date through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement); provided, however, that on such date as Lender shall have -------- ------- received evidence, satisfactory to Lender in its sole discretion, that the Securities and Exchange Commission (the "SEC") has (i) deemed the --- joint proxy submitted by Obligors to the SEC on December 16, 2009 (the "Proxy"), to be effective and (ii) given its consent to Obligors ----- mailing the Proxy to Parent's shareholders, the amount set forth herein shall automatically be increased to $2,200,000.
Accommodation Overadvance Limit means an amount up to $2,275,000 from the date of that certain Twenty- First Amendment to Forbearance Agreement through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement).
Accommodation Overadvance Limit means $0 from April 9, 2010 through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement), provided, however, upon receipt by the Lender of notice of the closing of the transaction contemplated by the RAI APA (the “Closing Notice”), the Accommodation Overadvance Limit shall mean $1,385,059.30.
Accommodation Overadvance Limit means an amount up to $1,325,000 from the date of that certain Seventeenth Amendment to Forbearance Agreement through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement); provided however, if Lender receives evidence, satisfactory to Lender in its sole discretion, on or before June 25, 2010, that Obligors have executed a letter of intent for an Alternate Transaction, acceptable to Lender in form and substance and which Lender determines in its reasonable discretion provides proceeds sufficient to repay and satisfy the Indebtedness in full and in cash, the Accommodation Overadvance Limit shall automatically be increased to $1,500,000 effective as of June 26, 2010; and provided further, if Lender receives evidence, satisfactory to Lender in its sole discretion, on or before July 9, 2010, that Obligors have (i) executed an asset purchase agreement for an Alternate Transaction, acceptable to Lender in form and substance and which Lender determines in its reasonable discretion provides proceeds sufficient to repay and satisfy the Indebtedness in full and in cash and (ii) received a deposit on the purchase price from the prospective purchaser under such asset purchase agreement in an amount not less than $250,000, the Accommodation Overadvance Limit shall automatically be increased to $1,675,000 effective as of the day after the conditions in (i) and (ii) hereinabove have been satisfied.
Accommodation Overadvance Limit means up to $1,000,000 from the Accommodation Overadvance Funding Date through the occurrence of a Termination Event (as such term is defined in the Forbearance Agreement); provided, however, upon Lender’s receipt of evidence, satisfactory to Lender in its sole discretion, that (i) the New Jersey Economic Development Authority (the “EDA”) has approved the bond issuance to finance Hawthorne TTN Holdings, LLC’s acquisition of the assets of RAI pursuant to the Asset Purchase Agreement dated as of May 15, 2009, at a meeting to be held by the EDA on March 9, 2010 and (ii) no Termination Event has occurred, the Accommodation Overadvance Limit shall automatically be increased to $1,500,000.