Common use of Financing Amount Clause in Contracts

Financing Amount. The aggregate face amount of the Draft relating to the purchase of goods identified in each Request for Acceptance will not exceed the Cost of such goods. No financing, acceptance or otherwise, other than that provided under this Agreement has been or will be outstanding for such goods; and no Acceptance created hereunder shall finance the goods financed by an Acceptance created as part of another Acceptance hereunder or by a Revolving Loan hereunder.

Appears in 3 contracts

Sources: Credit Agreement (Donna Karan International Inc), Credit Agreement (Donna Karan International Inc), Credit Agreement (Donna Karan International Inc)