Common use of Floating Rate Advances Clause in Contracts

Floating Rate Advances. If Company wants a Floating Rate Advance, it shall make the request no later than 11:59 a.m. Central Time on the Business Day on which it wants the Floating Rate Advance to be funded, which request shall specify the principal Advance amount being requested.

Appears in 4 contracts

Sources: Credit and Security Agreement (Merrimac Industries Inc), Credit and Security Agreement (Winnebago Industries Inc), Credit and Security Agreement (Winnebago Industries Inc)

Floating Rate Advances. If Company wants a may request an Advance at the Floating Rate Advance, it shall make the request no later than 11:59 a.m. Central Time on the Business Day on which it Company wants the Floating Rate Advance to be funded, which request shall specify . Rate ▇▇▇▇▇▇ may not be used with respect to any Advance that utilizes the principal Advance amount being requestedFloating Rate.

Appears in 2 contracts

Sources: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)

Floating Rate Advances. If Company wants a Floating Rate Advance, it shall make the request no later than 11:59 9:00 a.m. Central Pasadena, California Time on the Business Day on which it wants the Floating Rate Advance to be funded, which request shall specify the principal Advance amount being requested.

Appears in 2 contracts

Sources: Credit and Security Agreement (Capstone Turbine Corp), Credit and Security Agreement (Capstone Turbine Corp)

Floating Rate Advances. If Company wants a Floating Rate Advance, it shall make the request no later than 11:59 a.m. Central Time on the Business Day on which it wants the Floating Rate Advance to be funded, which request shall specify specifying the principal Advance amount being requested.

Appears in 1 contract

Sources: Credit and Security Agreement (Pinnacle Data Systems Inc)

Floating Rate Advances. If Company wants a may request an Advance at the Floating Rate Advance, it shall make the request no later than 11:59 11:00 a.m. Central Time on the Business Day on which it Company wants the Floating Rate Advance to be funded, which request shall specify . Rate ▇▇▇▇▇▇ may not be used with respect to any Advance that utilizes the principal Advance amount being requestedFloating Rate.

Appears in 1 contract

Sources: Credit and Security Agreement (Nortech Systems Inc)