Advances Clause Example with 6 Variations from Business Contracts

Advances. Any request for an Advance advance (each an “Advance” and collectively referred to as the “Advances”) may be made from time to time and in such amounts as Borrower may choose; by the Borrower; provided, however, that any requested Advance will not, when added to the outstanding principal balance of all previous Advances, exceed the Credit Limit. Requests for Advances shall must be made in writing by such officer of Borrower authorized by it to request such Advances. Until such time as Lender may... be notified otherwise, Borrower hereby authorizes its Chief Executive Officer [or its [Chief Financial Officer] president to request Advances. Lender may deposit or credit the amount of any requested Advance directly to Borrower’s checking account with Lender. Borrower's bank account. Lender may refuse to make any requested Advance if an Event event of Default (as defined below) default has occurred and is continuing hereunder either at the time the request is given or the date the Advance is to be made, or if an event has occurred or condition exists which, with the giving of notice or passing of time or both, would constitute an Event event of Default default hereunder as of such dates. View More

Advances. Any request for an Advance may be made from time to time and in such amounts as Borrower may choose; provided, however, that any requested Advance will not, when added to the outstanding principal balance of all previous Advances, exceed the Credit Limit. Requests for Advances shall be made in writing by such officer of Borrower authorized by it to request such Advances. Until such time as Lender may be notified otherwise, Borrower hereby authorizes its Chief Executive Officer [or its [Chief Fin...ancial Officer] to request Advances. Lender may deposit or credit the amount of any requested Advance to Borrower’s checking account with Lender. Lender may refuse to make any requested Advance if an Event of Default (as defined below) has occurred and is continuing hereunder either at the time the request is given or the date the Advance is to be made, or if an event has occurred or condition exists which, with the giving of notice or passing of time or both, would constitute an Event of Default hereunder as of such dates. View More

Advances. Any request for an Advance may be made from time to time and in such amounts as Borrower may choose; provided, however, that any requested Advance will not, when added to the outstanding principal balance of all previous Advances, exceed the Credit Limit. Requests for Advances shall be made in writing by such officer of Borrower authorized by it to request such Advances. Until such time as Lender may be notified otherwise, Borrower hereby authorizes its Chief Executive Officer [or its [Chief Fin...ancial Officer] to request Advances. Lender may deposit or credit the amount of any requested Advance to Borrower’s checking account with Lender. Lender may refuse to make any requested Advance if an Event of Default (as defined below) has occurred and is continuing hereunder either at the time the request is given or the date the Advance is to be made, or if an event has occurred or condition exists which, with the giving of notice or passing of time or both, would constitute an Event of Default hereunder as of such dates. View More

Advances. Any request for an Advance may be made from time to time and in such amounts as Borrower may choose; provided, however, that any requested Advance will not, when added to the outstanding principal balance of all previous Advances, exceed the Credit Limit. Requests for Advances shall may be made orally or in writing by such officer of Borrower authorized by it to request such Advances. Until such time as Lender may be notified otherwise, Borrower hereby authorizes its Chief Executive Officer [or ...its [Chief Financial Officer] president to request Advances. Lender may deposit or credit the amount of any requested Advance to Borrower’s Borrower's checking account with Lender. account. Lender may refuse to make any requested Advance if an Event event of Default (as defined below) default has occurred and is continuing hereunder either at the time the request is given or the date the Advance is to be made, or if an event has occurred or condition exists which, with the giving of notice or passing of time or both, would constitute an Event event of Default default hereunder as of such dates. The funds from the Advances will be used by the Borrower for operating expenses in connection with the operations of the Borrower. View More

Advances. Any request for an Advance may be made from time to time and in such amounts as Borrower may choose; provided, however, that any requested Advance will not, when added to the outstanding principal balance of all previous Advances, exceed the Credit Limit. Requests for Advances shall may be made in writing writing, which may be made by e-mail, by such officer of Borrower authorized by it to request such Advances. Until such time as Lender may be notified otherwise, Borrower hereby authorizes its ...Chief Executive Officer [or its [Chief and/or Chief Financial Officer] Officer to request Advances. Lender may deposit or credit the amount of any requested Advance to Borrower’s checking account with Lender. Lender may refuse to make any requested Advance if an Event event of Default (as defined below) default has occurred and is continuing hereunder either at the time the request is given or the date the Advance is to be made, or if an event has occurred or condition exists which, with the giving of notice or passing of time or both, would constitute an Event event of Default default hereunder as of such dates. The funds from the Advances will be used by the Borrower for working capital and/or operating expenses in connection with the operations of the Borrower. View More

Advances. Any (a) Lender agrees to make funds available under this Credit Line on the following schedule: (i) $100,000 on or before April 1, 2024; (b) Subject to subparagraph (a) above, any request for an Advance may be made from time to time and in such amounts as Borrower may choose; choose, provided, however, that any requested Advance will not, when added to the outstanding principal balance of all previous Advances, exceed the Credit Limit. Requests for Advances shall must be made in writing writing,... delivered to the Lender, by such officer of Borrower authorized by it to request such Advances. advances. Until such time as Lender may be notified otherwise, Borrower hereby authorizes its Chief Executive Officer [or or its [Chief Chief Financial Officer] Officer to request Advances. For each Advance, properly requested, the Lender may deposit or credit shall advance an amount equal to the amount of any requested Advance to Borrower’s checking account with Lender. amount. The Lender may refuse to make any requested Advance if an Event event of Default (as defined below) default has occurred and is continuing hereunder either at the time the request is given or the date the Advance is to be made, or if an event has occurred or condition exists which, with the giving of notice or passing of time or both, would constitute an Event event of Default default hereunder as of such dates. View More