Example ContractsClausesAmount of the Credit Line
Amount of the Credit Line
Amount of the Credit Line contract clause examples

Dealership will pay the Ally Parties a one-time non-refundable “Commitment Fee” equal to ​ [calculated as ​ of the Credit Line provided under Section III.A.3 above: ($200,000,000 x ​ = ​)], payable on the effective date of this Amendment.

Line of Credit. Subject to the further terms and provisions hereof, Lender agrees to and does hereby grant to and establish in favor of Borrower a revolving line of credit in the amount of $1,000,000.00 under which Lender shall be committed to make loans or advances to Borrower from time to time; provided, Lender shall never be required to make any advance under such line of credit when such advance together with the principal amount then unpaid and owing under the line of credit by reason of previous advances would exceed the amount which Lender is then committed to loan based on the loan value (also known as “Borrowing Base”) of collateral pledged to Lender as set forth in SECTION TWO hereof. Further provided, in no event shall the Lender ever be required to make any advance to Borrower under the line of credit when such advance, together with the principal amount then unpaid and owing under the line of credit by reason of previous advances, would exceed said $1,000,000.00 amount. Said line of credit is sometimes hereafter referred to as theline of credit”. Further, the line of credit shall terminate on October 15, 2018, and on and after such date the Lender shall not be obligated to make any additional advances on the line of credit.

Line of Credit. Subject to the terms and conditions of this Agreement, the Bank hereby agrees to make advances to Borrower from time to time up to and including March 28, 2016 (theMaturity Date”), not to exceed at any time the aggregate principal amount of Six Million Dollars ($6,000,000) (theLine of Credit”), the proceeds of which shall be used by Borrower to # provide for the working capital and general corporate purpose needs of Borrower (including the issuance of Letters of Credit, as defined below) and Baseline-MOCON, Inc., a Colorado corporation and a wholly owned subsidiary of Borrower (“Baseline”, and together with Borrower, collectively, “Obligors”), and # provide for Permitted Acquisitions (as defined below). Borrower’s obligation to repay advances under the Line of Credit shall be evidenced by a promissory note originally dated March 28, 2012, as amended by an amended and restated promissory note dated March 28, 2014 (as such promissory note may be amended, extended or otherwise modified from time to time, and including each other promissory note accepted from time to time in substitution therefor or in renewal thereof, theRevolving Line of Credit Note”), all terms of which are incorporated herein by this reference.

Amount of Credit. A Participant who satisfies the requirements of Section 3.2.1 is entitled to a Restoration Match Credit equal to the sum of:

Past due slot Partner royalties

Extension of Line of Credit. Subject to the terms and conditions hereof, the Lender hereby agrees to make advances, in both US Dollars and bitcoin, under the Line of Credit available to the Borrower from time to time in an aggregate principal amount not to exceed the Maximum Credit Limit.

Amount. The death benefit payable to the Participant's Eligible Spouse or Designated Beneficiary shall be one hundred twenty (120) monthly payments commencing on the first day of the month following the month in which the Participant would have attained his or her Normal Retirement Age if he or she had not died, with each such monthly benefit payment equal to the difference between the monthly benefits determined under Section 4.1(a)(i) and Section 4.1(a)(ii) below where:

Amount. Up to an aggregate of 44,300,000 shares of Common Stock, subject to adjustment under [subsection (b)], may be issued pursuant to Awards, including Incentive Stock Options, under the Plan. If any Award expires or is terminated unexercised or is forfeited, the shares subject to such Award, to the extent of such expiration, termination, or forfeiture, shall again be available for award under the Plan. Common Stock issued through the assumption or substitution of outstanding grants from an acquired company shall not reduce the shares available for Awards under the Plan. Shares issued under the Plan may consist of authorized but unissued shares or treasury shares.

Amount. In consideration of your efforts during 20​ relating to ​, the Company will pay to you a cash bonus in the amount of ​ (the “20​ Bonus”).

Amount. Provided that you satisfy the Vesting Criteria set forth in subsection # below, and subject to subsection # below, you will be entitled to receive a cash bonus in the amount of ​ (the “20​ Bonus”).

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