Common use of ADVANCE FORMULA Clause in Contracts

ADVANCE FORMULA. Borrower warrants and agrees that Borrower's Indebtedness to Bank for the Formula Loans shall never exceed the percentage of the Eligible Accounts (as hereinafter defined) of the Debtor as set forth below during the corresponding period set forth below:

Appears in 1 contract

Sources: Revolving Credit Loan Agreement (Thomas Group Inc)

ADVANCE FORMULA. Borrower warrants and agrees that Borrower's Indebtedness indebtedness to Bank for the Formula Loans shall never exceed the percentage of the Eligible Accounts (as hereinafter defined) of the Debtor as set forth below during the corresponding period set forth belowsum of:

Appears in 1 contract

Sources: Advance Formula Agreement (Aviation Holdings Group Inc/Fl)

ADVANCE FORMULA. Borrower warrants and agrees that Borrower's Indebtedness ’s indebtedness to Bank for the Formula Loans shall never exceed the percentage of the Eligible Accounts (as hereinafter defined) of the Debtor as set forth below during the corresponding period set forth belowsum of:

Appears in 1 contract

Sources: Forbearance and Modification Agreement (Wilson Brothers Usa Inc)