Common use of Minimum Advance Clause in Contracts

Minimum Advance. Each Advance under the Line of Credit, other --------------- than an Advance in respect of a draw under a Letter of Credit, must be for at least Five Hundred Thousand Dollars ($500,000), or for the amount of the remaining available Line of Credit if less.

Minimum Advance. Each Advance under the Line of Credit, --------------- other --------------- than an Advance in respect of a draw under a Letter of Credit, must be for at least Five Hundred Thousand Dollars ($500,000), or for the amount of the remaining available Line of Credit if less.