Example ContractsClausesmaximum advancesVariants
Remove:

Advances. The [[Organization A:Organization]] hereby promises to pay to the Administrative Agent for account of each [[Organization B:Organization]] the entire outstanding principal amount of such [[Organization B:Organization]]’s Advances, and each Advance shall mature, on the earlier of the Commitment Termination Date applicable to such [[Organization B:Organization]] and the Termination Date.

Advances. TheEach [[Organization B:Organization]] severally agrees, on the terms and conditions hereinafter set forth, to make Advances to the [[Organization A:Organization]] hereby promisesfrom time to pay totime on any Business Day during the Administrative Agent for account of each [[Organization B:Organization]]period from the entire outstanding principal amount of such [[Organization B:Organization]]’s Advances, and each Advance shall mature, ondate hereof until the earlier of the Commitment Termination Date applicable to such [[Organization B:Organization]] and the Termination Date.Date in an amount not to exceed the amount of such [[Organization B:Organization]]’s Unused Commitment.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.