Common use of General Loan Terms Clause in Contracts

General Loan Terms. 1.1 Subject to the conditions herein set forth, Lender agrees to loan to or for the benefit of Borrower, and Borrower agrees to draw upon and borrow, in the manner and upon the terms and conditions set forth herein, amounts that shall not exceed, in the aggregate, $100,000 (the "Loan"). Disbursements under the Loan are referred to herein individually as an "Advance" and collectively as "Advances."

Appears in 2 contracts

Samples: Credit Line Loan Agreement (Azco Mining Inc), Credit Line Loan Agreement (Azco Mining Inc)

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General Loan Terms. 1.1 Subject to the conditions herein set forth, Lender agrees to loan to or for the benefit of Borrower, and Borrower agrees to draw upon and borrow, in the manner and upon the terms and conditions set forth herein, amounts that shall not exceed, in the aggregate, $100,000 800,000 (the "Loan"). Disbursements under the Loan are referred to herein individually as an "Advance" and collectively as "Advances."

Appears in 1 contract

Samples: Registration Rights Agreement (Azco Mining Inc)

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General Loan Terms. 1.1 Subject to the conditions herein set forth, Lender agrees to loan to or for the benefit of Borrower, and Borrower agrees to draw upon and borrow, in the manner and upon the terms and conditions set forth herein, amounts that shall not exceed, in the aggregate, $100,000 200,000 (the "Loan"). Disbursements under the Loan are referred to herein individually as an "Advance" and collectively as "Advances."

Appears in 1 contract

Samples: Credit Line Loan Agreement (Azco Mining Inc)

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