AND TERMS OF PAYMENT Sample Clauses

AND TERMS OF PAYMENT. 2.1 PROMISE TO PAY. Borrower hereby unconditionally promises to pay Bank the unpaid principal amount of all Credit Extensions and interest on the unpaid principal amount of the Credit Extensions as and when due in accordance with this Agreement.
AND TERMS OF PAYMENT. 5.1 Principles for determining fees
AND TERMS OF PAYMENT. 1 2.1 Promise to Pay......................................................... 1 2.1.1 Term Loan..................................................... 1 2.1.2 Guidance Line Facility........................................ 2 2.2 Fees................................................................... 2
AND TERMS OF PAYMENT. 2.1 Promise to Pay
AND TERMS OF PAYMENT. 2.1 Promise to Pay. 2.2 Loan Advance. 2.3 Interest Rate, Payments.
AND TERMS OF PAYMENT. ADVANCES. Bank Agrees to make Equipment Advances not to exceed $750,000.00 (Seven Hundred Fifty Thousand and XX/100 Dollars) for the term of this Agreement and Borrower agrees to pay Bank the unpaid principal amount of all Equipment Advances and interest on the unpaid principal amount of the Equipment Advances, in accordance with the terms of this Agreement.
AND TERMS OF PAYMENT. 5.1 Principles for determining fees 5.2 Terms of payment 6 FORCE MAJEUR
AND TERMS OF PAYMENT. 2572901v4 233773760 v5
AND TERMS OF PAYMENT. Subject to and upon the terms and conditions of this Agreement, Bank agrees to make Advances to Borrower in an aggregate amount not to exceed the lesser of (i) the Committed Line minus the face amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit) minus the Foreign Exchange Reserve or (ii) the Borrowing Base minus the face amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit minus the Foreign Exchange Reserve. For purposes of this Agreement, "Borrowing Base" shall mean an amount equal to eighty percent (80%) of Eligible Accounts. Subject to the terms and conditions of this Agreement, amounts borrowed pursuant to this Section 2.1 may be repaid and reborrowed at any time during the term of this Agreement. Whenever Borrower desires an Advance, Borrower will notify Bank by facsimile transmission or telephone no later than 3:00 p.m. California time, on the Business Day that the Advance is to be made. Each such notification shall be promptly confirmed by a Payment/Advance Form in substantially the form of Exhibit B hereto. Bank is authorized to make Advances under this Agreement, based upon instructions received from a Responsible Officer, or without instructions if in Bank's discretion such Advances are necessary to meet Obligations which have become due and remain unpaid. Bank shall be entitled to rely on any telephonic notice given by a person who Bank reasonably believes to be a Responsible Officer, and Borrower shall indemnify and hold Bank harmless for any damages or loss suffered by Bank as a result of such reliance. Bank will credit the amount of Advances made under this Section 2.1 to Borrower's deposit account.
AND TERMS OF PAYMENT. 1 2.1 Credit Extensions........................................................... 1 2.2 Interest Rate, Payments..................................................... 2 2.3 Fees........................................................................ 4