Loan Arrangements. 3.1 The purchase price of entire shares in Party C holding by Party A, purchased by Party B shall be contributed in full amount by Party D. However, Party B shall enter into a loan agreement with Party D to the satisfaction of Party D, in accordance with the content and form of Appendix III hereto.
Loan Arrangements. Pursuant to (a) the Amended and Restated Credit Agreement, dated as of November 5, 1999, as amended as of July 25, 2000, December 19, 2001, March 28, 2002, March 28, 2003 and as of December 9, 2004 (the “Term Credit Agreement”) and (b) the Credit Agreement, dated as of March 28, 2003, as amended as of December 9, 2004 (the “Revolving Credit Agreement” and together with the Term Credit Agreement, the “Credit Agreement”), each among Universal City Development Partners, Ltd. (“UCDP”), the banks listed therein and JPMorgan Chase Bank, as administrative agent and collateral agent, the Partnership as general partner of UCDP, as debtor, is subject to certain obligations and restrictions. If the Partnership causes UCDP to enter into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to modify those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect such loan arrangements.
Loan Arrangements. Pursuant to the Amended and Restated Credit Agreement, dated as of November 5, 1999 by and between UCDP-DEL, the lending institutions identified therein and Xxxxxx Guaranty Trust Company of New York, as agent, as amended by Amendment No. 1 thereto dated as of July 27, 2000, Amendment No. 2 thereto dated as of December 19, 2001 and Amendment No. 3 thereto dated as of March 25, 2002 (the “Credit Agreement”), the Partnership, as debtor, is subject to certain obligations and restrictions. If the Partnership enters into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to amend those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect the other loan.
Loan Arrangements. Pursuant to the Amended and Restated Credit Agreement, dated as of December 9, 2004 (the “Credit Agreement”), among UCDP, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and Bank of America, N.A., as syndication agent, Holding II, as general partner of UCDP, as debtor, is subject to certain obligations and restrictions. If Holding II causes UCDP to enter into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to modify those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect such loan arrangements.
Loan Arrangements. New LP, as debtor, is subject to certain obligations and restrictions under the Amended and Restated Credit Agreement, dated as of November 5, 2000 by and between New LP, the lending institutions identified therein and Xxxxxx Guaranty Trust Company of New York, as agent, as amended by Amendment No. 1 thereto dated as of July 27, 2000 (the “Credit Agreement”). If New LP enters into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to modify those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect the other loan.
Loan Arrangements. Immediately prxxx xx xxe Mexxxx, the Company will (i) loan Corriveau the sum of, or (ii) guarantee a loan made by a third partx xxxxxx in the amount of, $2.5 million so that Corriveau may refinance a loan which is secured by a pledge of exisxxxx xxxxk of the Company beneficially owned by Corriveau. The determination as to whether the Company makes the loxx xx xxxrantees a third-party loan shall by made by the Company in its sole discretion. Such loan will be full recourse to Corriveau and secured by Corriveau's Stock, and will be due on the xxxxxxxx of (i) the sevenxx xxxx xxxiversary of the Merger, (ii) an Approved Sale, (iii) 180 days after termination of employment by the borrower, to the extent of any proceeds, net of taxes, received by Corriveau as a result of such termination of employment, and (iv) txx xxxx xf any Stock by Corriveau, to the extent of the after tax proceeds of such sale. Inxxxxxx xx the unpaid principal amount of such loans will accrue at the then applicable rate charged to the Company under the Company's revolving credit facility. Corriveau will use at least 25% of the proceeds, net of taxes, of axx xxxxx received by Corriveau, first to pay accrued interest and then to reduce principxx. Xx xxe closing of the Offer, the Management Stockholders shall repay any outstanding loans owed to the Company or any affiliate.
Loan Arrangements. Despite anything to the contrary contained in this Agreement, the Company shall be permitted to continue its current practice of lending money on a short term basis (less than 60 days) near its year end, provided that the borrower's obligations under such loans are fully and unconditionally guaranteed (including in the event of the borrower's bankruptcy or insolvency) by a Canadian Schedule 1 chartered bank and that such loans terminate (and the loaned funds are returned to the Company) prior to the Effective Date.
Loan Arrangements. Pursuant to the Amended and Restated Credit Agreement, dated as of November 5, 1999 by and between New LP, the lending institutions identified therein and Xxxxxx Guaranty Trust Company of New York, as agent, as amended by Amendment No. 1 thereto dated as of July 27, 2000 (the “Credit Agreement”), the Partnership as General Partner of New LP, as debtor, is subject to certain obligations and restrictions. If the Partnership causes New LP to enter into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to modify those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect the other loan.
Loan Arrangements. Recognizing that Farmor must commence work obligations under the Licenses before such time as the Approval is obtained or alternative arrangements for transferring the interest are reached, TomCo agrees to provide a loan to Avenue in the amount of $500,000 to be used to satisfy various obligations under the License. This loan shall bear interest at the rate of 2% per annum and shall be due on a date no later than three months from Closing. At such time, the loan amount together with interest shall be applied towards Farmee’s financial obligations under this Agreement and the JOA. If Farmee elects pursuant to Paragraph 3.4 neither to accept an interest in the License nor a shareholding in AEI, then the Loan shall be deemed cancelled and Farmor shall have no obligation to repay the loan.
Loan Arrangements. 4.1 The parties agree that subject to the Offer becoming unconditional in all respects:
