The Loans and Notes Sample Clauses

The Loans and Notes. With respect to each Loan and the corresponding Note, except as set forth in §3(q) of the Disclosure Schedule:
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The Loans and Notes. Subject to the terms and conditions of this Agreement, Lender agrees to loan the Company an aggregate of $600,000 CAD, in two equal installments of $300,000 CAD (less the Financing Fee (as defined below)) with the first installment being delivered to the Company on or before December 6, 2004 (the "First Advance"), and the second installment being delivered to the Company on or before January 3, 2005 (the "Second Advance," and together with the First Advance, the "Advances" or the "Loan"). The Loan shall be governed by the terms and conditions of, and repaid in accordance with, this Agreement and two Promissory Notes each in the principal amount of $300,000 CAD (the "Notes"), in the forms attached hereto as Exhibit A and Exhibit B, to be issued by the Company to Lender to evidence each of the Advances the first of which such Notes (the "December Note"), shall be executed concurrently with the December Closing (as defined below) and the second of which such Notes (the "January Note") shall be executed concurrently with the January Closing.1.2
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The Loans and Notes. (a) Section 4.04 of the Disclosure Schedules contains a true and accurate list of the Loans, by Obligor, current interest rate, monthly payment, original and remaining term, any security deposits, and outstanding balance as of the date hereof, and indicates whether and to what extent any payment (or part thereof) on any Loan is more than 30 days past due or whether any Loan is otherwise in default.
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The Loans and Notes. (a) Subject to the terms and conditions hereof, each Lender severally agrees to make a term loan (the "Loans") to Borrower in a principal amount equal to such Lender's Percentage of $92,000,000. Borrower shall not be entitled to reborrow all or any part of the principal of the Loans which have been paid or prepaid at any time. The Loan of each Lender shall be evidenced by the promissory notes being executed by Borrower and delivered to each Lender in the amount of its Loan on the date hereof (as may be amended, substituted or replaced from time to time, the "Notes").
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The Loans and Notes 
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Related to The Loans and Notes

  • Credit Agreement and Notes This Agreement and the Notes executed by each party thereto;

  • Purpose of Loans and Letters of Credit The Borrower will use the Letters of Credit and the proceeds of the Loans to (a) provide for working capital, capital expenditures and general corporate purposes of the Credit Parties and their Subsidiaries (including, without limitation, Permitted Acquisitions), (b) on the Closing Date to refinance the Existing Credit Agreement, and (c) pay fees and expenses relating to any of the foregoing.

  • Loans and Letters of Credit On the Closing Date:

  • The Loans Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans to each of the Revolving Borrowers (each such loan, a “Revolving Loan”) in Dollars or, in the case of the Global Lenders, in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing, (i) the aggregate Outstanding Amount of all Revolving Loans, plus the aggregate Outstanding Amount of all L/C Obligations (excluding Subsidiary L/C Obligations), plus the Assumed Swingline Loan Amount shall not exceed the Aggregate Commitments and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations (excluding Subsidiary L/C Obligations), plus such Lender’s Pro Rata Share of the Assumed Swingline Loan Amount shall not exceed such Lender’s Commitment. Notwithstanding the foregoing sentence, subject to the terms and conditions set forth herein, each Lender (other than the Non-Global Lenders) severally agrees to make Revolving Loans (without application of the Assumed Swingline Loan Amount) in an amount equal to its Pro Rata Share of the Revolving Loans made to refinance Swingline Loans in accordance with Section 2.04(e) and to refinance drawings under Letters of Credit for the account of Subsidiary Swingline Borrowers which have not been reimbursed on the Honor Date by such Subsidiary Swingline Borrowers in accordance with Section 2.03(c), in each case, in an aggregate amount not to exceed such Lender’s Commitment; provided, however, that after giving effect to any such Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments, (ii) the aggregate Outstanding Amount of all Loans of any Lender, plus the aggregate Outstanding Amount of all L/C Obligations of any Lender shall not exceed such Lender’s Commitment, and (iii) the Outstanding Amount of all Subsidiary L/C Obligations of such Subsidiary Swingline Borrower, plus the Outstanding Amount of all Swingline Loans of such Subsidiary Swingline Borrower shall not exceed such Subsidiary Swingline Borrower’s Subsidiary Currency Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

  • Investments, Loans and Advances Purchase, hold or acquire any Equity Interests, evidences of indebtedness or other securities of, make or permit to exist any loans or advances to, or make or permit to exist any investment or any other interest in, any other person, except:

  • First Loans and Letters of Credit On the Closing Date:

  • Repayment of the Loans The Companies (a) may prepay the Obligations from time to time in accordance with the terms and provisions of the Notes (and Section 17 hereof if such prepayment is due to a termination of this Agreement); (b) shall repay on the expiration of the Term (i) the then aggregate outstanding principal balance of the Loans together with accrued and unpaid interest, fees and charges and; (ii) all other amounts owed Laurus under this Agreement and the Ancillary Agreements; and (c) subject to Section 2(a)(ii), shall repay on any day on which the then aggregate outstanding principal balance of the Loans are in excess of the Formula Amount at such time, Loans in an amount equal to such excess. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Ancillary Agreement shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds.

  • Repayment of Term Loans and Revolving Facility Loans (a) Subject to the other clauses of this Section 2.10 and to Section 9.08(e),

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