LOAN TERMS 17 Sample Clauses

LOAN TERMS 17. Section 2.1 The Loan 17 Section 2.2 Interest Rate; Late Charge; Default Rate 17 Section 2.3 Terms of Payment 17 Section 2.4 Security 19 Section 2.5 Withholding Taxes; Changes In Legal Requirements; Market Disruption 19 Section 2.6 Reserve Funds 19 Section 2.7 Reserved 22 Section 2.8 Use of Proceeds 22 Section 2.9 Cash Management 22 Section 2.10 Intentionally omitted 23 Section 2.11 Project Releases 23 ARTICLE 3 INSURANCE, CONDEMNATION AND IMPOUNDS 24 Section 3.1 Insurance 24 Section 3.2 Use and Application of Insurance Proceeds 27 Section 3.3 Condemnation Awards 28 Section 3.4 Impounds 29 ARTICLE 4 ENVIRONMENTAL MATTERS 29 Section 4.1 Representations and Warranties on Environmental Matters 29 Section 4.2 Covenants on Environmental Matters 29 Section 4.3 Allocation of Risks and Indemnity 30 Section 4.4 No Waiver 30 Section 4.5 Obligations Unsecured 30 ARTICLE 5 LEASING MATTERS 30 Section 5.1 Representations and Warranties on Leases 30 Section 5.2 Standard Lease Form; Approval Rights; Security Deposits 31 Section 5.3 Covenants 31 Section 5.4 Tenant Estoppels 31 ARTICLE 6 REPRESENTATIONS AND WARRANTIES 32 Section 6.1 Organization and Power 32 Section 6.2 Validity of Loan Documents 32 Section 6.3 Liabilities; Litigation 32 Section 6.4 Taxes and Assessments 32 Section 6.5 Other Agreements; Defaults 32 Section 6.6 Compliance with Legal Requirements 33 Section 6.7 Location of Borrower 33 Section 6.8 ERISA 34 Section 6.9 Margin Stock 34 Section 6.10 Tax Filings 34 Section 6.11 Solvency 34 Section 6.12 Full and Accurate Disclosure 35
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Related to LOAN TERMS 17

  • Loan Terms The Loan will be evidenced by the Note and will bear interest and be paid in accordance with the payment terms set forth in the Note.

  • Amounts and Terms of Loans 1 1.1. Loans..........................................................................................1

  • Amount and Terms of Loan The Borrower agrees to borrow from IREDA and IREDA agrees to lend to the Borrower, on the terms and conditions contained herein as also in the General Conditions, the sum mentioned in Schedule-I amounting to Rs. lakhs (Rupees only). The said sum is hereinafter referred to as "the Loan".

  • Amount and Terms of Loans 2.1 Revolving Credit Loans

  • Notice and Terms of Optional Prepayment The Borrower shall notify the Administrative Agent by telephone (confirmed by telecopy) of any prepayment hereunder (i) in the case of prepayment of a Eurodollar Borrowing, not later than 12:00 noon, Houston, Texas time, three Business Days before the date of prepayment, or (ii) in the case of prepayment of an ABR Borrowing, not later than 12:00 noon, Houston, Texas time, one Business Day before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid. Promptly following receipt of any such notice relating to a Borrowing, the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 3.02.

  • Amounts and Terms of the Loans 34 2.1. The Revolving Credit Loans................................................... 34 2.2. Making the Loans............................................................. 35 2.3. Fees......................................................................... 36 2.4. Reduction and Termination of the Commitments................................. 37 2.5. Repayment.................................................................... 37 2.6. Prepayments.................................................................. 38 2.7. Conversion/Continuation Option............................................... 39 2.8. Interest..................................................................... 40 2.9. Interest Rate Determination and Protection................................... 41 2.10.

  • Amount and Terms of the Loans 2.1 Commitments 25 2.2 Borrowings 26 2.3 Disbursements; Funding Reliance; Domicile of Loans 29 2.4 Evidence of Debt; Notes 30

  • Loan and Terms of Payment For value received, Borrower promises to pay to the order of Bank such amount, as provided for below, together with interest, as provided for below.

  • Amounts and Terms of Commitments Each Bank severally agrees, on the terms and conditions set forth herein, to make Loans to the Borrowers from time to time on any Business Day during the period from the Refinancing Date to the Commitment Termination Date equal to its Pro Rata Share of the aggregate amount of the Borrowing requested by a Borrower to be made on such day. The Commitment of each Bank and the outstanding principal amount of Loans made by each Bank hereunder shall not exceed at any time the aggregate amount set forth on Schedule II (such amount as the same may be reduced under Section 2.5 or as a result of one or more assignments as permitted herein pursuant to Section 3.7 and Section 9.7, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the Commitment Amount; and provided, further, that the aggregate principal amount of all Loans outstanding from time to time to a Borrower shall not exceed the Borrowing Base for the relevant Borrower. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, a Borrower may borrow under this Section 2.1, repay under the terms hereof and reborrow under this Section 2.1.

  • Loan Term The loan term is one year from July 1, 2020 (calculated from the date when Party A actually lends the loan, and Party B shall issue a receipt separately) to July 1, 2021.

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