Common use of Increase in the Line of Credit Clause in Contracts

Increase in the Line of Credit. Subject to the terms and conditions stated herein, the parties agree to increase the line of credit available to the Borrower under the Loan Documents to Six Million and No/100 Dollars ($6,000,000.00), subject to the Initial Sublimit of Three Million and No/100 Dollars ($3,000,000.00) and the Adjusted Sublimit of Four Million and No/100 Dollars ($4,000,00.00) from the current loan amount of Three Million and No/100 Dollars ($3,000,000.00) and hereby amend the Promissory Note, and the following provision of the Loan Agreement:

Increase in the Line of Credit. Subject to the terms and conditions stated herein, the The parties agree to increase the line of credit available to the Borrower under the Loan Documents to Six Million and No/100 Dollars ($6,000,000.00), subject to the Initial Sublimit of Three Million and No/100 Dollars ($3,000,000.00) and the Adjusted Sublimit of Four from Two Million Five Hundred Thousand and No/100 Dollars ($4,000,00.00) from the current loan amount of Three Million and No/100 Dollars ($3,000,000.002,500,000.00) and hereby amend the Promissory Note, and the following provision of the Loan Agreement:

Increase in the Line of Credit. Subject to the terms and conditions stated herein, the The parties agree to increase the line of credit available to the Borrower under the Loan Documents to Six Two Million Five Hundred Thousand and No/100 Dollars ($6,000,000.00), subject to the Initial Sublimit of Three 2,500,000.00) from One Million Five Hundred Thousand and No/100 Dollars ($3,000,000.00) and the Adjusted Sublimit of Four Million and No/100 Dollars ($4,000,00.00) from the current loan amount of Three Million and No/100 Dollars ($3,000,000.001,500,000.00) and hereby amend the Promissory Note, and the following provision of the Loan Agreement: