Loan Facilities. On the terms and subject to the conditions of this Agreement, the Lenders severally agree to make Loans as set forth below.
Loan Facilities. ASPEN hereby agrees to lend to Borrower up to the maximum sum of One Million Five Hundred Thousand Dollars ($1,500,000.00) (hereinafter referred to as the "Loan"), on and subject to the terms and conditions hereinafter set forth. As used in this Agreement, the term "Liabilities" or "Liability" shall mean the Loan and any and all other indebtedness, advances, obligations, covenants, undertakings and liabilities of Borrower and Guarantor (including amendments, restatements, modifications, extensions and renewals thereof) to ASPEN or any affiliate of ASPEN under all documents now or hereafter executed by Borrower and/or Guarantor in favor of (or acquired by) ASPEN or any affiliate of ASPEN (the "Loan Documents") or however created, direct or indirect, now existing or hereafter arising, due or to become due, absolute or contingent, participated in whole or in part, whether evidenced or created by promissory notes, agreements or otherwise, in any manner acquired by or accruing to ASPEN or any affiliate of ASPEN, whether by agreement, assignment or otherwise, as well as any and all obligations of Borrower or Guarantors to ASPEN or any affiliate of ASPEN, whether absolute, contingent or otherwise and howsoever and whensoever (whether now or hereafter) created, including, without limitation, (a) obligations of another or others guaranteed or endorsed by Borrower, and (b) whether or not presently contemplated by the parties on the date hereof, including all costs and expenses incurred in the collection of such indebtedness or the loan referred to herein, taxes levied, insurance and repairs to or for the maintenance of the Collateral hereinafter described. As used in this Agreement, an "Advance" shall mean a sum advanced by Execution Copy ASPEN from time to time under the Loan, and "Advances" shall mean all such sums collectively.
Loan Facilities. 17 2.1 Investment Capital Loan Commitments............................................................17 2.2 Working Capital Loan Commitments...............................................................17 2.3 Permitted Uses of Loan Proceeds................................................................18
Loan Facilities. Section 2.1 of the Agreement is hereby amended in its entirety to read as follows:
Loan Facilities. On the terms and subject to the conditions of this Agreement, the Lenders severally agree to the continuation and reallocation (as the case may be) of the Existing Loans and to make the Loans as set forth below.
Loan Facilities. Subject to the terms and conditions set forth in this Agreement, Lender agrees to make Advances to Borrower on any Business Day from the date hereof to, but excluding the Final Advancement Date identified for said Advances, so long as no Event of Default or Potential Default has occurred.
Loan Facilities. The Loan Agreement shall apply to a term loan in the original principal amount of $5,520,383.33 (the “Term Loan”) as evidenced by the Term Loan Note.
Loan Facilities. 1.1 Bank agrees to make available to Borrower the following credit on the following terms, covenants and conditions:
Loan Facilities. This Agreement shall apply to a term loan in the original principal amount of Three Million Five Hundred Thousand Dollars ($3,500,000.00) (the “Term Loan”) as evidenced by a Promissory Note (“Promissory Note”) executed on December 30, 2019.
Loan Facilities. Xxxxxxxx agrees that this Amendment is executed in order to reflect the terms, covenants, conditions, and obligations in connection with the Term Loan Note, together with all renewals of, extensions of, modifications of, refinancings of, replacements of, consolidations of, and substitutions for such Term Loan Note.
