Common use of Revolving Loan Clause in Contracts

Revolving Loan. The Lender may loan to the Borrower, and the Borrower may borrow from the Lender, from time to time (the "Revolving Loan"), up to that amount (hereinafter referred to as the "Borrowing Base") which is the lesser of:

Appears in 2 contracts

Samples: Loan and Security Agreement (Techprecision Corp), Loan and Security Agreement (Lounsberry Holdings Ii Inc)

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Revolving Loan. The Lender may loan to the Borrower, at its -------------- discretion, and the Borrower may borrow from the Lender, from time to time (the "Revolving Loan"), up to that amount (hereinafter referred to as the "Borrowing Base") BORROWING BASE" which is the lesser of:

Appears in 1 contract

Samples: Third Amendatory Agreement (Memry Corp)

Revolving Loan. The Lender may loan to the Borrower, at is discretion, and the Borrower may borrow from the Lender, from time to time (each an "ADVANCE" and collectively, the "Revolving LoanREVOLVING LOAN"), up to that amount (hereinafter referred to as the "Borrowing BaseBORROWING BASE") which is the lesser of:

Appears in 1 contract

Samples: Forbearance Agreement (Edac Technologies Corp)

Revolving Loan. The Lender may loan to the Borrower, at its discretion, and the Borrower may borrow from the Lender, from time to time (each an "ADVANCE" and collectively, the "Revolving LoanREVOLVING LOAN"), up to that amount (hereinafter referred to as the "Borrowing BaseBORROWING BASE") which is the lesser of:

Appears in 1 contract

Samples: Edac Technologies Corp

Revolving Loan. The Lender may shall loan to the Borrower, and the Borrower may borrow from the Lender, from time to time (the "Revolving Loan"), up to that amount (hereinafter referred to as the "Borrowing Base") which is the lesser of:

Appears in 1 contract

Samples: Revolving Loan Agreement (Griffin Land & Nurseries Inc)

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Revolving Loan. The Lender may loan to the Borrower, at its discretion, and the Borrower may borrow borrow, repay, and reborrow from the Lender, from time to time (the "Revolving LoanREVOLVING LOAN"), up to that amount (hereinafter referred to as the "Borrowing BaseBORROWING BASE") which is the lesser of:

Appears in 1 contract

Samples: First Amendatory Agreement (Qep Co Inc)

Revolving Loan. The Lender may loan to the Borrower, at its discretion, and the Borrower may borrow from the Lender, from time to time (each an "ADVANCE" and collectively, the "Revolving LoanREVOLVING LOAN"), up to that amount (hereinafter referred to as the "Borrowing BaseBORROWING BASE") which is the lesser of:

Appears in 1 contract

Samples: Loans and Security Agreement (Edac Technologies Corp)

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