Common use of Optional Advances Clause in Contracts

Optional Advances. Notwithstanding the limitations set forth in this Paragraph 2.7, the Lender expressly reserves the right to waive the requirements herein contained from time to time and to permit the Borrowers, in the Lender's sole discretion, to obtain disbursements under the Term Note in such amounts and on such terms as the Lender might approve.

Optional Advances. Notwithstanding the limitations set forth in this Paragraph 2.7paragraph 2.3, the Lender expressly reserves the right to waive the requirements herein contained from time to time and to permit the Borrowers, in the Lender's sole discretion, to obtain disbursements under the Term Revolving Note in such amounts and on such terms as the Lender might approve.