Examples of Loan Agreement in a sentence
The Borrower agrees to repay the Consolidated Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 8% per year (the “Interest”) from the date of the Loan Agreement.
All warranties and representations contained in the Loan Agreement and the other Loan Documents shall be deemed remade and affirmed as of the date hereof by the Borrower, except any and all references to the Loan Agreement 2394589v1 in such representations, warranties and covenants shall be deemed to include the Loan Agreement as amended by this First Amendment.
All collateral previously provided to secure the Loan Agreement continues as security, and all guaranties, if any, guaranteeing obligations under the Loan Documents remain in full force and effect.
This Loan Agreement replaces the Initial Loan Agreement in its entirety and confirms the following terms: On February 16, 2022, the Lender advanced to the Borrower a total of CAD$175,000.
This Loan Agreement replaces the Initial Loan Agreements in their entirety and confirms the following: As at January 31, 2024, the Lender advanced to the Borrower CAD$199,000, which, as of the date of this loan agreement, accumulated CAD$30,269.63 in interest, and a total of US$80,093.93 (CAD$107,301.84 converted at 1.3397) which, as of the date of this loan agreement, accumulated US$3,015.58 (CAD$4,039.97 converted at 1.3397) in interest.