Equipment Term Commitment

Example Definitions of "Equipment Term Commitment"
Equipment Term Commitment. Means the obligation of the Lender to make Equipment Advances pursuant to Section 2.1(b) in an aggregate principal amount of up to One Million Thirty-One Thousand Two Hundred Twelve and No/100 Dollars ($1,031,212), subject, however to termination pursuant to Section 9.2.
Found in ISECURETRAC CORP contract
Equipment Term Commitment. Means the obligation of the Lender to make Equipment Advances pursuant to Section 2.1(b) in an aggregate principal amount of up to One Million Thirty-One Four Hundred Thousand Two Hundred Twelve and No/100 Dollars ($1,031,212), ($1,400,000), subject, however to termination pursuant to Section 9.2.
Found in ISECURETRAC CORP contract
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