Common use of Commitment of the Bank Clause in Contracts

Commitment of the Bank. The Bank agrees to extend a revolving loan (the "Loan") to the Borrower in the principal amount not to exceed Eighteen Million Dollars ($18,000,000), such Loan to be evidenced by the Note (as defined below), and secured by securities described in the Pledge Agreement (hereinafter defined) in accordance with terms and subject to the conditions set forth in this Agreement, the Note and the Pledge Agreement. Advances made by the Bank hereunder may be repaid and, subject to the terms and conditions hereof borrowed again, up to but not including May 1, 1998."

Commitment of the Bank. The Bank agrees to extend a revolving loan (the "Loan") to the Borrower in the principal amount not to exceed Eighteen Million Dollars ($18,000,000), such Loan to be evidenced by the Note (as defined below), and secured by securities described in the Pledge Agreement (hereinafter defined) in accordance with terms and subject to the conditions set forth in this Agreement, the Note and the Pledge Agreement. Advances made by the Bank hereunder may be repaid and, subject to the terms and conditions hereof borrowed again, up to but not including May 1, 19981997."