Amount and Purpose of Loan. 2.1 The Lender hereby agrees to lend to the Borrower a loan in a maximum aggregate amount of Seven Hundred and Fifty Thousand Dollars ($750,000.00) in lawful money of the United States of America (the “Loan”).
Amount and Purpose of Loan. In reliance upon the representations and warranties contained herein and subject to the terms and conditions of this Agreement, the Lender will lend to the Borrower the principal sum of $500,000 (the “Principal”). The entire amount of the Principal is to be used to finance current purchase orders and general working capital for the Borrower.
Amount and Purpose of Loan. (1) AKA hereby grants to the Borrower a Loan up to the maximum amount of US$ 10,070,099.40 (in words: United States-Dollar ten million seventy thousand ninety-nine 40/100) The Loan consists of the following portions:
Amount and Purpose of Loan. Subject to the terms and conditions hereof, the Lender will lend to the Borrower the principal amount of up to $5,000,000 (United States funds) for use by or on behalf of the Borrower for general working capital purposes approved by the Lender.
Amount and Purpose of Loan. The Bank agrees to grant the Borrower a loan facility (the "Loan") of a maximum amount of USD 200,000,000 (TWO HUNDRED MILLION US DOLLARS) or its equivalent in FRF, DEM or GBP. The Loan is entered into in order to reinforce the Borrower's financial resources. Subject to the prior written agreement of RHONE-POULENC RORER INC, the following companies, bxxxx xxxxxxxxrxxx xwned as to more than 50% by RHONE-POULENC RORER INC: - RHONE-POULENC RORER S.X. - XXXXX-XOXXXXX RORER LTD - XXXXX-XXXLXXX XXXXX GmbH xxx xxxx xxaxxxxx under txx Xxxx xxxxxcx xx the guarantee by RHONE-POULENC RORER INC in the form attached as schxxxxx X xxxxxo. Xxbject to the prior written agreement of RHONE-POULENC RORER INC, RHONE-POULENC S.A. may makx xxxxxxxx xxdxx xxe Loan. XXXXX-XXXXENC S.A., RHONE-POULENC RORER S.A., RHONE-XXXXXXX XXXXR LTD axx XXXXX-XXXXEXX XXXXX XmbX xxxxx, xxxxr xx xhe first xxxxxxx xxxx txxx xay make, enter into an undertaking directly with the Bank on the terms of schedule II to this loan agreement. The terms and conditions agreed with RHONE-POULENC RORER INC shall apply to these companxxx. XXXXX-XOXXXXX RORER INC, RHONE-POULENC RORER S.A., XXXXX-XXXXXXX XXXXX LTD, XXXXX-XXXXXXX XXXXX XxxX axx XXXXX-XXXXEXX X.A. shaxx xxxxxxxxx bx xxxerred to ax xxx "Xxxxxxing Companies".
Amount and Purpose of Loan. 1.1 The City agrees to provide financing to the Applicant in an amount of XXXXXXXX Dollars ($XXXXXX (the “City Funds”) to be used by the Applicant for the sole purpose of the Project and as more particularly described in the Feasibility Study attached as Schedule “A” to this Agreement, such Project to be conducted in accordance with the terms and conditions contained herein and such City Funds to be repaid to the City in the manner and under the terms and conditions set out in this Agreement.
Amount and Purpose of Loan. Lender agrees that it will provide to the Company, in accordance with the terms set out herein below, a loan in the aggregate principal amount of US$ 450,000 (the "Loan"). Proceeds of the Loan shall be solely used to develop and improve the Company's business and marketing of the Company. The Loan shall be drawn down in installments of not less than US$ 10,000 and not exceeding the amount of US$ 100,000, within ten (10) Business Days from a receipt of a written request from the Company.
Amount and Purpose of Loan a. At no time may the total of all Leasehold Mortgages on the Premises in the form of construction or permanent term loans held by Mortgagees which are commercial lenders, as of the date that the latest Leasehold Mortgage is granted, exceed eighty percent (80%) of the total value of the Premises as estimated by the appraiser for the latest Leasehold Mortgagee at or about such time, except that when combined with financing from non- conventional sources such as non-secured or secured private or institutional “bridge loans,” program related investment loans from foundations and community loan funds, and equipment/vehicle leases, the total financing may equal a maximum of ninety percent (90%) of the total value of the Premises as estimated by the appraiser. The appraiser shall be a current member in good standing of either the American Society of Appraisers (“ASA”) or the Appraisal Institute (“MAI”), and shall also be a member of either the Counselors of Real Estate (“CRE”) or the International Society of Hospitality Consultants (“ISHC”), or their successor organizations. Promptly upon demand, Tenant shall cause a complete copy of such appraisal, together with all supporting documentation, to Landlord for determination of compliance with the terms and conditions of this Lease. Tenant shall bear all costs of any such appraisal.
Amount and Purpose of Loan. The Fund agrees to lend the Borrower an amount not exceeding TWENTY THREE BILLION SIX HUNDRED EIGHTY SIX MILLION Japanese Yen (Yen23,686,000,000) as principal for the implementation of the Parana State Environmental Improvement Project described in Schedule I attached hereto (hereinafter referred to as "the Project"), on the terms and conditions set forth in the Loan Agreement and in accordance with the relevant laws and regulations of Japan (hereinafter referred to as "the Loan"), provided, however, that when the cumulative total of disbursements under the Loan Agreement reaches the said limit, the Fund shall make no further disbursements.
Amount and Purpose of Loan. 28.4.1. Except for Leasehold Mortgages permitted without Lessor’s permission pursuant to Section 28.6, at no time may the total of all Leasehold Mortgages on the Premises, as of the date that the latest Leasehold Mortgage is granted, exceed eighty percent (80%) of the total value of the Premises as estimated by the appraiser for the latest Leasehold Mortgagee at or about such time. The appraiser shall be a current member in good standing of either the American Society of Appraisers (“ASA”) or the Appraisal Institute (“MAI”), and shall also be a member of *** SAN FRANCISCO MARITIME NATIONAL HISTORICAL PARK *** **** PACIFIC WEST REGION — NATIONAL PARK SERVICE **** Xxxxxxx Warehouse HL-SAF001-99 PAGE 79 either the Counselors of Real Estate (“CRE”) or the International Society of Hospitality Consultants (“ISHC”), or their successor organizations. Promptly upon demand, Lessee shall cause a complete copy of such appraisal, together with all supporting documentation, to Lessor for determination of compliance with the terms and conditions of this Lease. Lessee shall bear all costs of any such appraisal.
