Line of Credit Commitment. Subject to the terms and conditions of this Agreement, Bank shall make Advances under the Line of Credit available to Borrower in a maximum principal amount equal to the lesser of: (a) Six Million Dollars ($6,000,000), or (b) the Borrowing Base. Advances under the Line of Credit shall be evidenced by the Credit Note.
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Sources: Credit Agreement (Bioanalytical Systems Inc), Credit Agreement (Bioanalytical Systems Inc)
Line of Credit Commitment. Subject to the terms and conditions of this Agreement, Bank shall make Advances under the Line of Credit available to Borrower in a maximum principal amount equal to the lesser of: (a) Six Three Million Dollars ($6,000,0003,000,000), or (b) the Borrowing Base. Advances under the Line of Credit shall be evidenced by the Replacement Credit NoteNote in the form attached hereto. All Advances under the Line of Credit (whether currently outstanding or to be made) shall constitute Eurodollar Rate Advances.
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Line of Credit Commitment. Subject to the terms and conditions of this Agreement, Bank shall make Advances under the Line of Credit available to Borrower in a an aggregate maximum principal amount equal to the lesser of: (a) Six Five Million Dollars ($6,000,0005,000,000), or (b) the Borrowing Base. Advances under the Line of Credit shall be evidenced by the Credit Note.
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