Maximum Overadvance Amounts

Maximum Overadvance Amounts. Borrower shall be permitted to borrow on August 17, 2004, in addition to the Availability (the "Overadvance") in a single draw not to exceed $2,000,000 (the "Maximum Overadvance Amounts"). The Overadvance shall be part of the Revolving Facility, evidenced by the Revolving Note and, when aggregated with all other Advances, be subject at all times to the Facility Cap. The Overadvance shall be repaid in eleven monthly installments of $100,000... commencing on October 1, 2004, and the aggregate balance of the Overadvance shall be due and payable in full in cash on August 31, 2005, and if at any time the aggregate outstanding balance of the Overadvance exceeds the Maximum Osveradvance Amount, the Borrower shall immediately repay such excess. No Overadvance shall be made at any time that a Default or Event of Default shall have occurred and be continuing past any cure period. Any mandatory prepayment of the Overadvance pursuant to Section 2.10 hereof shall permanently reduce the Overadvance. View More