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Common use of Advances by Agent Clause in Contracts

Advances by Agent. During the Limited Waiver Period, the Agent and Lenders may make Revolving Advances to the Borrower under the Loan Agreement in their sole and absolute discretion.

Appears in 2 contracts

Sources: Limited Waiver and Amendment Agreement (Katapult Holdings, Inc.), Limited Waiver and Amendment Agreement (Katapult Holdings, Inc.)

Related Clauses

  • Advances by Administrative Agent
  • Payments by Agent to the Lenders
  • Payments by Agent to Lenders
  • Disbursement of Loans
  • Payments by Borrowers; Presumptions by Administrative Agent

Parent Clauses

  • The Revolving Credit Facility
  • Funds for Revolving Credit Loan
  • Funds for Revolving Credit Loans
  • Funds for Loans
  • Credit Facility

Sub-Clauses

  • Maturity
  • Illegality
  • Computations
  • LETTER OF CREDIT APPLICATIONS
  • ADDITIONAL COSTS, ETC
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