Common use of SINGLE ADVANCE Clause in Contracts

SINGLE ADVANCE. The entire amount of the Term Loan shall be advanced as a single advance and any principal amount of the Term Loan repaid may not be readvanced.

Appears in 3 contracts

Sources: Term Loan Credit Agreement (Seaboard Corp /De/), Term Loan Credit Agreement (Seaboard Corp /De/), Term Loan Credit Agreement (Seaboard Corp /De/)

SINGLE ADVANCE. The entire amount of the Term Loan shall be advanced as a single advance and any principal amount of the Term Loan repaid may not be readvanced.. ​

Appears in 1 contract

Sources: Term Loan Credit Agreement (Seaboard Corp /De/)