Borrowing Period. The Company shall be entitled to borrow funds commencing with the signing of the original line of credit agreement on October 19, 2022 and continuing through December 1, 2023.
Borrowing Period. During the Borrowing Period, payments of interest only shall be due and payable on the first (1st) day of the first month following the Closing Date and on the first (1st) day of each month thereafter. All payments received on the Pledged Accounts shall be applied first to amounts, fees, costs and Lender Expenses due under the Credit Agreement, then to interest due thereunder, then to principal due thereunder or, at the option of holder, to any other indebtedness or Obligations owed by Borrower or its affiliates to Lender or its affiliates. In the event the funds received by Lender from the Pledged Accounts are less than the required monthly payment hereunder, Borrower shall pay the difference immediately. In the event that payments received from and on the Pledged Accounts and forwarded to Lender exceed the amount required to fund the then-due interest, the excess amounts and payments shall be applied to reduce the principal outstanding under the Line of Credit Note and this Credit Agreement.
Borrowing Period. All library items can be borrowed for : 1 month All materials are to be returned on time, cleaned and in good condition. A cleaning fee of $10.00 will be invoiced to the agreement applicant should any items be returned in unsatisfactory condition. RENEWAL of BORROWED ITEM POLICY Renewal is granted based on availability of resources. RESOURCE CONTENTS When borrowing any resources from the library, please check all the contents according to the checklist. If there are any items missing it is the borrowers responsibility to notify the YMCA CCRR within 48 hours of borrowing. PERSONS AUTHORIZED to BORROW (Other than Main Contact): (or N/A) 1. 2.
Borrowing Period. 1. The Borrower can use the borrowed ID card, which defined in preceding Article I of this Contract, under the following conditions for a fixed period, i.e. for a period of their employment relationship or other relationship with the Lender. The ITIC card is valid for maximum of 9 years since its issuance, if its validity is prolonged via revalidation stamps. If the Borrower does not prolong the ITIC validity, the card remains valid only as an identification card of the person in an employment relationship or other relationship to the Lender. The end of the borrowing period is the date of the end of the of a fixed-term employment, end by agreement, dismissal, in probationary period or the date of validity of decision to end the employment immediately, or the date of the end of another relationship between the Borrower and the Lender. The Borrower is required to return the ID card within three days after the end of the employment or another relationship.
Borrowing Period. During the Borrowing Period payments of interest only shall be due and payable monthly on the first day of each month commencing on the first day of the month following the date of this Agreement.
Borrowing Period. The term of a single loan under this Agreement shall be determined in the Withdrawal Notice submitted by the Borrower, but the term of any single loan shall not exceed 12 months.
Borrowing Period. See Article 24 of this contract, Special Agreement Xxxxxx XXX (c). From the date of actual withdrawal or, in the case of installment withdrawals, from the date of the first actual withdrawal. The starting and ending dates of the borrowing period are as stated in the loan documents.
Borrowing Period. The Borrower shall notify the Agent of the names of its officers and employees of its general partner which are authorized to request and take other actions with respect to loans on behalf of the Borrower (each a “Responsible Officer”) by providing the Agent with a Notice of Responsible Officers substantially in the form of Exhibit B-3, duly completed and executed by a Senior Officer (a “Notice of Responsible Officer”). The Agent shall be entitled to rely conclusively on a Responsible Officer’s authority to request and take other actions with respect to Loans on behalf of the Borrower until the Agent receives a new Notice of Responsible Officer that no longer designates such Person as a Responsible Officer. The Agent shall have no duty to verify the authenticity of the signature appearing on any Notice of Borrowing, Notice of Responsible Officer or any other notice given under the Loan Documents. Except as provided in Section 2.1.2.3., any Notice of Borrowing delivered pursuant to this Section 2.1.2. shallbe irrevocable and the Borrower shall be bound to make a borrowing in accordance therewith. The Agent shall promptly notify each Lender of the contents of any Notice of Borrowing received by it and such Lender’s pro rata portion of the Borrowing requested. Not later than 10:00 a.m. (Pacific Coast time) on the date specified in such notice as the Funding Date, each Lender, subject to the terms and conditions hereof, shall make its pro rata portion of the Borrowing available, in immediately available funds, to the Agent at the Agent’s Account.
Borrowing Period including the period under the master loan agreement and the period of each installment. The borrowing period under the master loan agreement refers to the period from date of the withdrawal of the first installment to the date of the payoff of the principal and interests of all the installment loans. The borrowing period of each installment is from date of the withdrawal of the installment loan to the date of the payoff of the total principal and interest of this installment loan;
Borrowing Period. During the Borrowing Period, Borrower shall pay to Lender at a minimum installment payments of interest only which shall be due and payable on the first (1st) day of the month following the month of execution of this Promissory Note and on the first (1st) day of each month thereafter. All payments received by Lender from Borrower and the Pledged Accounts shall be applied first to amounts, fees, costs and Lender Expenses due under the Credit Agreement, then to interest due hereunder, then to principal due hereunder or, upon the occurrence and continuation of an Event of Default, at the option of holder, to any other indebtedness owed by Borrower or its affiliates to Lender or its affiliates. In the event the funds received by Lxxxxx from the Pledged Accounts or otherwise are less than the required monthly payment hereunder, Borrower shall pay the difference immediately upon demand by Lxxxxx.
