Permanent Accordion Increase Date
Permanent Accordion Increase Date. The date upon which all of the following conditions are satisfied: (i) Borrowers provide Lender not less than 30 days' prior written notice that they wish to increase the maximum principal amount under the Revolving Loan by up to $10,000,000, (ii) the Accordion Increase Loan Fee has been paid to Lender, and (iii) Lender has agreed, in its sole and absolute discretion, to increase the maximum principal amount under the Revolving Loan
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Found in
Clarus Corp contract