Common use of Facility A Loan Clause in Contracts

Facility A Loan. Subject to the terms and conditions and relying upon the representations and warranties set forth in this Agreement and the other Loan Documents, Bank agrees to make a term loan ("Facility A Loan") to Borrowers on the Closing Date in the principal amount of Four Hundred Thousand and 00/100 Dollars ($400,000.00).

Appears in 1 contract

Sources: Loan Agreement (PDG Environmental Inc)

Facility A Loan. Subject to the terms and conditions and relying upon the representations and warranties set forth in this Agreement and the other Loan Documents, Bank agrees to make a term loan ("“Facility A Loan"”) to Borrowers on the Closing Date in the principal amount of Four Hundred Thousand and 00/100 Dollars ($400,000.00).

Appears in 1 contract

Sources: Loan Agreement (PDG Environmental Inc)