Loan Advance. Lender agrees, on the terms and conditions set forth herein, to advance to Borrower, in a single advance, $9,120,000.00 (the “Advance”). The Advance shall be disbursed for the account of Borrower in accordance with an executed request therefor in substantially the form attached hereto as Exhibit A (“Request for Advance”).
Appears in 2 contracts
Samples: Loan and Guaranty Agreement (Quartet Holdco Ltd.), Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.)
Loan Advance. Lender agrees, on the terms and conditions set forth herein, to advance to Borrower, in a single advance, $9,120,000.00 4,550,000.00 (the “Advance”). The Advance shall be disbursed for the account of Borrower in accordance with an executed request therefor in substantially the form attached hereto as Exhibit A (“Request for Advance”).
Appears in 2 contracts
Samples: Loan and Guaranty Agreement (Quartet Holdco Ltd.), Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.)
Loan Advance. Lender agrees, on the terms and conditions set forth herein, to advance to Borrower, in a single advance, $9,120,000.00 8,520,000.00 (the “"Advance”"). The Advance shall be disbursed for the account of Borrower in accordance with an executed request therefor in substantially the form attached hereto as Exhibit A (“"Request for Advance”").
Appears in 2 contracts
Samples: Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.), Loan and Guaranty Agreement (Quartet Holdco Ltd.)
