Examples of Investor Loan in a sentence
Upon increase of the principal amount of the Investor Loan by delivery of the New Note evidencing such increased amount, the parties agree that this Agreement shall thereby automatically be amended such that the total amount of the Investor Loan, as evidenced by the New Note, shall constitute the "Investor Loan" for purposes of this Agreement, and the New Note shall constitute the "Note" for purposes of this Agreement.
Lender may, at any time with Borrower's consent, increase the principal amount of the Investor Loan.
On the Funding Date, Borrower shall execute and deliver to Lender a promissory note in the form attached to this Agreement (the "Note"), evidencing Borrower's obligation to repay the Investor Loan together with interest thereon at the Interest Rate.
Subject to the terms and conditions of this Agreement, Lender hereby lends to Borrower, and Borrower hereby accepts from Lender, the principal amount of Thousand Dollars ($ ) (such loan, together with any additional advances pursuant to Section 5 of this Agreement are referred to collectively as the "Investor Loan").
Xxxxxxxx agrees to repay to Lender the entire principal amount of the Investor Loan, together with any accrued and unpaid interest, on or by the date that is ( ) months after the date of the Funding Date, unless Investor requests in writing renewal of the Investor Loan and Borrower consents.