Common use of Loan Procedures Clause in Contracts

Loan Procedures. Customer may obtain Loans under this Agreement as provided in (a), (b) or (c) below. (a) X Customer shall give Lender at least ___________ business days' prior notice or TELEPHONIC NOTICE FOLLOWED BY NEXT BUSINESS DAY WRITTEN CONFIRMATION of any Loan requested under this Agreement, specifying the date and amount of the Loan. Lender will make the Loan available to Customer X by crediting the amount of the Loan to Customer's account (acct. no. ▇▇▇▇▇▇▇) with lender or ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Each Loan which is less than the full amount available to Customer under this Agreement shall be in an amount not less than $ 1000.00. (b) Lender will credit Customer's account (acct. no,__________) with Lender whenever the ledger balance in the account is less than $_________ on any banking day (the "Target Amount"), far whatever reason. The Loan will be in an amount within the Credit Limit and Borrowing Base sufficient to increase the balance to the Target Amount. Lender may decline to make any Loan and may refuse to pay any check drawn on the account if the amount available to Customer under this Agreement would not be sufficient to increase the balance in the account to the Target Amount. (c) ▇▇▇▇▇▇'s obligation to make each Loan (including the initial Loan) is subject to the further condition that Lender shall have received a certificate signed by Customer, dated the date of the Loan request and stating that the representations and warranties in section 5 are true and correct as of the date of the request and that no event of default has occurred and is continuing or would result from such Loan.

Loan Procedures. Customer may obtain Loans under this Agreement as provided in (a), (b) or (c) below.: (a) X [_] Customer shall give Lender [_] at least ___________ business days' ’ prior notice or TELEPHONIC NOTICE FOLLOWED BY NEXT BUSINESS DAY WRITTEN CONFIRMATION [_] __________ of any Loan requested under this Agreement, specifying the date and amount of the Loan. Lender will make the Loan available to Customer X [_] by crediting the amount of the Loan to Customer's ’s account (acct. no. ▇▇▇▇▇▇▇__________) with lender Lender or ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- [_] __________. Each Loan which is less than the full amount available to Customer under this Agreement shall be in an amount not less than $ 1000.00______________. (b) [_] Lender will credit Customer's ’s account (acct. no,. __________) with Lender whenever the [_] ledger [_] collected balance in the account is less than $__________ on any banking day (the "“Target Amount"”), far for whatever reason. The Loan will be in an amount within the Credit Limit and the Borrowing Base sufficient to increase the balance to the Target Amount. Lender may decline to make any Loan and may refuse to pay any check drawn on the account if the amount available to Customer under this Agreement would not be sufficient to increase the balance in the account to the Target Amount. (c) ▇▇▇▇▇▇'s |X| Lender will make Loans available to Customer by crediting amount of Loan to Customer’s account maintained with Lender. [_] Lender’s obligation to make each Loan (including the initial Loan) is subject to the further condition that Lender shall have received a certificate signed by Customer, dated the date of the Loan request and stating that the representations and warranties in section 5 are true and correct as of the date of the request and that no event of default has occurred and is continuing or would result from such Loan.

Loan Procedures. Customer may obtain advances under the Loans under this Agreement as provided in (a), (b), (c) or (cd) below. (a) X £ Revolving Loan. Customer shall give Lender £ at least ___________ business days' ’ prior notice or TELEPHONIC NOTICE FOLLOWED BY NEXT BUSINESS DAY WRITTEN CONFIRMATION £_______________________________________________________________________________________________of any advance under the Revolving Loan requested under this Agreement, specifying the date and amount of the advance under the Revolving Loan. Lender will make the advance under the Revolving Loan available to Customer X £ by crediting the amount of the advance under the Revolving Loan to Customer's ’s account (acct. no. ▇▇▇▇▇▇▇_______________________) with lender Lender or ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- £ _____________________________________________________________________________________________. Each advance under the Revolving Loan which is less than the full amount available to Customer under this Agreement shall be in an amount not less than $ 1000.00$______________________________. (b) £ Revolving Loan. Lender will credit Customer's ’s account (acct. no,. _________________) with Lender whenever the £ ledger £ collected balance in the account is less than $______________________________ on any banking day (the "“Target Amount"”), far for whatever reason. The advance under the Revolving Loan will be in an amount within the Revolving Credit Limit and Borrowing Base sufficient to increase the balance to the Target Amount. Lender may decline to make any advance under the Revolving Loan and may refuse to pay any check drawn on the account if the amount available to Customer under this Agreement the Revolving Credit Limit would not be sufficient to increase the balance in the account to the Target Amount. (c) ▇▇▇▇▇▇'s obligation to make each Loan (including the initial Loan) is subject to the further condition that Lender shall have received a certificate signed by Customer, dated the date of the Loan request and stating that the representations and warranties in section 5 are true and correct as of the date of the request and that no event of default has occurred and is continuing or would result from such Loan.

Loan Procedures. Customer may obtain Loans under this Agreement as provided in (a), (b) or (c) below. (a) X |X| Customer shall give Lender |X| at least ___________ two (2) business days' prior notice or TELEPHONIC NOTICE FOLLOWED BY NEXT BUSINESS DAY WRITTEN CONFIRMATION |_| --------------------------------------------------------------- of any Loan requested under this Agreement, specifying the date and amount of the Loan. Lender will make the Loan available to Customer X |X| by crediting the amount of the Loan to Customer's account (acct. no. ▇▇▇▇▇▇▇__________________________) with lender or ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- |X| Investors Bank . ________________________________________________________________ Each Loan which is less than the full amount available to Customer under this Agreement shall be in an amount not less than $ 1000.00500.00 . (b) |_| Lender will credit Customer's account (acct. no,. _____________________) with Lender whenever the ledger balance in the account is less than $_____________________ on any banking day (the "Target Amount"), far for whatever reason. The Loan will be in an amount within the Credit Limit and Borrowing Base sufficient to increase the balance to the Target Amount. Lender may decline to make any Loan and may refuse to pay any check drawn on the account if the amount available to Customer under this Agreement would not be sufficient to increase the balance in the account to the Target Amount. (c) ▇▇▇▇▇▇|_| ----------------------------------------------------------------- ----------------------------------------------------------------- |_| Lender's obligation to make each Loan (including the initial Loan) is subject to the further condition that Lender shall have received a certificate signed by Customer, dated the date of the Loan request and stating that the representations and warranties in section 5 are true and correct as of the date of the request and that no event of default has occurred and is continuing or would result from such Loan.

Loan Procedures. Customer may obtain Loans under this Agreement as provided in (a), (b) or (c) below. (a) X X/ Customer shall give Lender / / at least ___________ business days' prior notice or TELEPHONIC / /TELEPHONIC NOTICE FOLLOWED BY NEXT BUSINESS DAY WRITTEN CONFIRMATION of any Loan requested under this Agreement, specifying the date and amount of the Loan. Lender will make the Loan available to Customer X /X/ by crediting the amount of the Loan to Customer's account (acctACCT. noNO. ▇▇▇▇▇▇▇) with lender or ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- / / _________________________________________________________________ _______________________________________________________________________________ Each Loan which is less than the full amount available to Customer under this Agreement shall be in an amount not less than $ 1000.00. (b) Lender will credit Customer's account (acct. no,, _______________ ) with Lender whenever the ledger balance in the account is less than $_________ on any banking day (the "Target Amount"'), far whatever reason. The Loan will be in an amount within the Credit Limit and Borrowing Base sufficient to increase the balance to the Target Amount. Lender may decline to make any Loan and may refuse to pay any check drawn on the account if the amount available to Customer under this Agreement would not be sufficient to increase the balance in the account to the Target Amount. (c) ▇▇▇▇▇▇'s obligation to make each Loan (including the initial Loan) is subject to the further condition that Lender shall have received a certificate signed by Customer, dated the date of the Loan request and stating that the representations and warranties in section 5 are true and correct as of the date of the request and that no event of default has occurred and is continuing or would result from such Loan.