Common use of Making Line Advances Clause in Contracts

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's written instructions. Subject to the requirements of Section 4 and provided such request is made in a timely manner as provided in Section 2.1.5 below, Advances shall be made by the Bank under the Line of Credit.

Appears in 8 contracts

Sources: Credit Agreement (Golden State Vintners Inc), Credit Agreement (Golden State Vintners Inc), Credit Agreement (Scientific Technologies Inc)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's ’s written instructions. Subject to the requirements of Section 4 and provided such request is made in a timely manner as provided in Section 2.1.5 below, Advances shall be made by the Bank under the Line of Credit.

Appears in 4 contracts

Sources: Credit Agreement (Guidance Software, Inc.), Credit Agreement (Biolase Technology Inc), Credit Agreement (Biolase Technology Inc)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's written instructions. Subject to the requirements of Section 4 3 and provided such request is made in a timely manner as provided in Section 2.1.5 below, Advances shall be made by the Bank under the Line of Credit.

Appears in 3 contracts

Sources: Credit Agreement (Applied Signal Technology Inc), Credit Agreement (Diamond Foods Inc), Credit Agreement (Volcom Inc)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's written instructions. Subject to the requirements of Section 4 and provided such request is made in a timely manner as provided in Section 2.1.5 below, Advances shall be made by the Bank under the Crop Line of Credit.

Appears in 2 contracts

Sources: Credit Agreement (Scheid Vineyards Inc), Credit Agreement (Scheid Vineyards Inc)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's ’s written instructions. Subject to the requirements of Section 4 and provided such request is made in a timely manner as provided in Section 2.1.5 2.2.5 below, Advances shall be made by the Bank under the Line of Credit.

Appears in 2 contracts

Sources: Trade Finance Credit Agreement, Trade Finance Credit Agreement (Variflex Inc)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's ’s written instructions. Subject to the requirements of Section 4 and provided such request is made in a timely manner as provided in Section 2.1.5 below, Advances shall be made by the Bank under the AR Line of Credit.

Appears in 2 contracts

Sources: Credit Agreement (Alphatec Holdings, Inc.), Credit Agreement (Alphatec Holdings, Inc.)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's written instructions. Subject to the requirements of Section 4 and provided such request is made in a timely manner as provided in Section 2.1.5 below, Advances shall be made by the Bank under the Line of CreditCredit .

Appears in 1 contract

Sources: Credit Agreement (Hycor Biomedical Inc /De/)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's written instructions. Subject to the requirements of Section 4 and provided such request is made in a timely manner as provided in Section 2.1.5 2.1.6 below, Advances shall be made by the Bank under the Line of Credit.

Appears in 1 contract

Sources: Credit Agreement (Trinet Employer Group Inc)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (ia) when credited to any deposit account of the Borrower maintained with the Bank or (iib) when paid in accordance with the Borrower's written instructions. Subject to the requirements conditions precedent of Section 4 6 and provided such request is made in a timely manner as a provided in Section 2.1.5 2.6 below, Advances shall be made by the Bank under the Line of Credit.

Appears in 1 contract

Sources: Credit Agreement (Align Rite International Inc)

Making Line Advances. Each Advance shall be conclusively deemed to have been made at the request of and for the benefit of the Borrower (i) when credited to any deposit account of the Borrower maintained with the Bank or (ii) when paid in accordance with the Borrower's written instructions. Subject to the requirements of Section 4 and provided such request is made in a timely manner as provided in Section 2.1.5 2.2.5 below, Advances shall be made by the Bank under the Term Line of Credit.

Appears in 1 contract

Sources: Credit Agreement (Micrel Inc)