Provision of Line of Credit. ASDC acknowledges that it has agreed to provide the Bank a line of credit in an amount not less than One Hundred Million Dollars ($100,000,000), as required by Article VII of the Operating Agreement, and agrees that it will maintain such line of credit at all times and allow the Bank to draw on it.
Appears in 1 contract
Sources: Capital Assurance and Liquidity Maintenance Agreement (Alliance Data Systems Corp)
Provision of Line of Credit. ASDC acknowledges that it has agreed shall provide to provide the Bank a line of credit in an amount not less than One Hundred Million Dollars ($100,000,000), as required by Article VII of the Operating Agreement, and agrees that it will maintain such line of credit at all times and allow the Bank to draw on it.
Appears in 1 contract
Sources: Capital and Liquidity Support Agreement (Alliance Data Systems Corp)