Common use of Amount of Line of Credit Clause in Contracts

Amount of Line of Credit. The initial amount of the Line of Credit shall be One Million Dollars ($1,000,000), which IDI shall provide to BitMine as follows: A. Upon receiving a written request from the Company along with the appropriate purchase or expense documentation, IDI shall transfer the approved funds to the Company’s bank account or directly to the bank account of the seller of said machinery.

Amount of Line of Credit. The initial amount of the of the Line of Credit shall now be One Two Million Five Hundred Thousand Dollars ($1,000,0002,500,000), which IDI shall provide to BitMine as follows:: (initials) (initials) A. Upon receiving a written request from the Company along with the appropriate purchase or expense documentation, IDI shall transfer the approved funds to the Company’s bank account or directly to the bank account of the seller of said machineryaccount.