Intercompany Loan Sample Clauses

Intercompany Loan. Subject to the terms of this Agreement, the Issuer agrees to make available to the Guarantor LP an Intercompany Loan (the Intercompany Loan) in an aggregate amount equal to the Total Credit Commitment. On any Business Day, the Guarantor LP may request that advances (each an Advance and collectively Advances) denominated in Canadian Dollars under the Intercompany Loan be made available to it, subject to the terms of this Agreement, on such Business Day (each such date, a Drawdown Date).
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Intercompany Loan. Purchaser shall provide to Company monthly loans of up to $50,000 per month for a period of 6 months following the Closing. The terms of loans, including repayment, shall be finalized between the parties after the Closing.
Intercompany Loan. Chamflora shall repay any outstanding intercompany loan with IP and Affiliates within 30 (thirty) days as from the Closing Date, provided that such loans have been extended in connection with the funding of the Project Mill, land acquisition and the forest operations and have been previously consented in writing by VCP.
Intercompany Loan. (a) The Parties acknowledge that funds in the aggregate principal amount of US$75,616,183 have been extended by Renren to Kaixin prior to the date hereof (the “Loan”).
Intercompany Loan. On the Closing Date Purchaser shall provide by wire transfer an intercompany loan to the Company of U.S. $1 million and shall cause the Company within seven days of the Closing Date to use the full proceeds of that loan to pay a portion of the existing indebtedness of the Company to Seller which as of the Closing Date will amount to CHF 2,363,000. The remaining balance of such indebtedness of the Company to Seller (hereinafter referred to as "Seller Indebtedness") shall be considered due and owing only at the times and to the extent provided in Section 10.2 below.
Intercompany Loan. Medical acknowledges, agrees and represents that any amounts due to Medical from the Corporation including, but not limited to, the intercompany loan listed in the Financial Statements for the month ended May 31, 1999 in the amount of One Million Six Hundred Twenty-Nine Thousand and Twenty-Four Dollars ($1,629,024) (and other than accounts payable of less than Five Thousand Dollars ($5,000)) have been converted to equity of the Corporation. Furthermore, such amount is not a liability or obligation of the Corporation and neither the Corporation nor the Buyers shall have any responsibility or liability to pay such amount to Medical.
Intercompany Loan. The Company shall procure that the loan made by the Parent to NDS Limited (in the amount of $327,000,000), as disclosed to the Facility Agent prior to the date of this Agreement, is cancelled in full prior to Closing.
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Intercompany Loan. The Seller shall use reasonable efforts to cause the Company to repay prior to the Closing Date the loan payable to the Seller that is classified on the Company's balance sheet as "DARLEHEN" (the "Intercompany Loan"). To the extent any amount of principal with regard to the Intercompany Loan remains unpaid at Closing, the Seller shall assign all rights to such principal to the Purchaser pursuant to an instrument in writing that is reasonably satisfactory to the Purchaser. As of the Closing Date, no interest shall be due or payable to the Seller with respect to the Intercompany Loan.
Intercompany Loan. Upon request of the NMLP, T-Two shall make advances to NMLP (the "Intercompany Loan"), which advances shall be evidenced and governed by the Intercompany Loan Documents. The proceeds of the Intercompany Loan shall be utilized by NMLP for general working capital purposes. The Intercompany Loan shall bear interest and shall be repaid in accordance with the terms of the Intercompany Loan Documents.
Intercompany Loan. The interests of Macquarie Terminal Holdings LLC in the Intercompany Loan shall be transferred to the Company pursuant to documentation satisfactory to the Administrative Agent under the Credit Agreement, with the effect that all obligations of International Tank Terminal LLC and ITT-Storage Inc. (and any other Obligor Party) under the Intercompany Loan shall be due and owing to the Company.
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