Common use of Minimum Advance Clause in Contracts

Minimum Advance. The minimum amount of any Advance will be $100,000 unless a lesser amount remains available under the Term Loan or Revolving Loan, as applicable.

Appears in 2 contracts

Sources: Credit Agreement (American Standard Energy Corp.), Credit Agreement (Voyager Oil & Gas, Inc.)

Minimum Advance. The minimum amount of any Advance will be $100,000 unless a lesser amount remains available under the Term Loan or the Revolving Loan, as applicable.

Appears in 1 contract

Sources: Credit Agreement (Voyager Oil & Gas, Inc.)

Minimum Advance. The minimum amount of any Advance will be One Hundred Thousand Dollars ($100,000 unless 100,000) except to the extent a lesser amount remains available under the Term Loan or Revolving under a particular tranche of the Loan, as applicable.

Appears in 1 contract

Sources: Credit Agreement (Doral Energy Corp.)

Minimum Advance. The minimum amount of any Advance will be One Hundred Thousand Dollars ($100,000 unless 100,000) except to the extent a lesser amount remains available under the Term Loan or Revolving under a particular tranche of the Term Loan, as applicable.

Appears in 1 contract

Sources: Secured Credit Agreement (Radiant Oil & Gas Inc)