Common use of Line of Credit Amount Clause in Contracts

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Seven Million Dollars ($7,000,000). (b) This is a revolving line of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) Each advance must be for at least One Hundred Thousand Dollars ($100,000), or for the amount of the remaining available line of credit, if less. (d) The Borrower agrees not to permit the outstanding principal balance of the line of credit to exceed the Commitment.

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Seven Million Five Hundred Thousand and no/100 Dollars ($7,000,000500,000.00). (b) . This is a revolving line of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) . Each advance must be for at least One Hundred Ten Thousand and no/100 Dollars ($100,00010,000.00), or for the amount of the remaining available line of credit, if less. (d) . The Borrower agrees not to permit the outstanding principal balance of the line of credit to exceed the Commitment.

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment"') is Seven Twenty Million and No/100 Dollars ($7,000,00020,000,000.00). (b) . This is a revolving line of credit with a within line facility for letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) . Each advance must be for at least One Hundred Thousand and No/100 Dollars ($100,000100,000.00), or for the amount of the remaining available line of credit, if less. (d) . The Borrower agrees not to permit the outstanding principal balance of the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed, to exceed the Commitment.

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Seven Five Million and No/100 Dollars ($7,000,0005,000,000.00). (b) . This is a revolving line of credit with a within line facility for letters of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) . Each advance must be for at least One Hundred Ten Thousand and No/100 Dollars ($100,00010,000.00), or for the amount of the remaining available line of credit, if less. (d) . The Borrower agrees not to permit the outstanding principal balance of the line of credit plus the outstanding amounts of any letters of credit, including amounts drawn on letters of credit and not yet reimbursed, to exceed the Commitment.

Line of Credit Amount. (a) During the availability period described below, the Bank will provide a line of credit to the Borrower. The amount of the line of credit (the "Commitment") is Seven Ten Million Dollars ($7,000,000)10,000,000) through April 15, 1998, decreasing to Five Million Dollars ($5,000,000) on April 16, 1998. (b) This is a revolving line of credit with a within line facility for standby letter of credit. During the availability period, the Borrower may repay principal amounts and reborrow them. (c) Each advance must be for at least One Hundred Thousand Dollars ($100,000), or for the amount of the remaining available line of credit, if less. (d) The Borrower agrees not to permit the outstanding principal balance of the line of credit plus the outstanding amounts of any standy letter of credit to exceed the Commitment, including amounts drawn on standby letter of credit and not yet reimbursed, to exceed the Commitment.