Common use of Excess Borrowing Clause in Contracts

Excess Borrowing. Borrowers hereby agree not to request a Revolving Loan if after giving effect to such Revolving Loan and the contemporaneous uses of the proceeds thereof, the Loan Parties’ cash and Cash Equivalents would exceed $1,000,000. (b) Clause (c) of Article 7 of the Credit Agreement is hereby amended and restated in its entirety as follows:

Excess Borrowing. Borrowers Borrower hereby agree agrees not to request a Revolving Loan if after giving effect to such Revolving Loan and the contemporaneous uses of the proceeds thereof, the Loan Parties’ cash and Cash Equivalents would exceed $1,000,000. (b) Clause (cSection 8(a) of Article 7 of the Credit Agreement is hereby amended to insert “3.7,” immediately following the phrase “Sections 3.6,” in clause (i) thereof. (c) Schedule 1.1 to the Credit Agreement is hereby amended by amending and restated restating the defined term “Solvent” in its entirety to read as follows: