Making of Loan. Lender agrees to lend to Borrower the following described Loan (as defined hereafter):
Making of Loan. The Lender shall have no obligation to make the Loan hereunder unless the Lender, in its sole discretion, determines that the Loan Documents are in full force and effect, and the Borrower is in full compliance with all the terms of this Agreement, the Note, the Intellectual Property Security Agreement and the other Loan Documents.
Making of Loan. Subject to Section 10.03, Agent shall make the proceeds of the Loan available to Borrower in El Segundo, California on the Closing Date and shall disburse such funds in Dollars and in immediately available funds not later than 1:00 P.M. Chicago time to Borrower's account, at Bank of America, Account Number 73-66901095 in Chicago, Illinois, or such other account specified in thx Xxxxxx of Borrowing acceptable to Agent, with a confirming telephone call to Quantaze Watts at (312) 279-1408 or Mark Howell at (312) 279-1402.
Making of Loan. Subject to Borrower’s compliance with Section 2.1 and the facts stated therein and Section 2.2, holder shall make the amount of the requested Installment of the Commitment available to Borrower on the Installment Funding Date by promptly transferring immediately available funds to the Designated Account.
Making of Loan. Your Loan shall be made to SRSC on the earlier of (i) occupancy or (ii) within 90 days of our approval of this Agreement.
Making of Loan. If the conditions set out in this Agreement have been met, the Lender shall make each Loan available by the Utilisation Date through its Facility Office.
Making of Loan. Upon the execution of this Agreement, the Company shall make or cause to be made an interest-free loan to the Executive in the amount of $2,600,000. The Loan shall be payable by the Executive only in the event and to the extent provided in Section 5.9(c) of this Agreement.
Making of Loan. Not later than 12:00 noon (New York time) on the Borrowing Date (as specified in the Notice of Borrowing), assuming that all conditions precedent to borrowing set forth in Section 4(B) hereof have been satisfied and that the Borrower has delivered the Note required by Section l(C) hereof and the Pledge Agreement and Pledged Stock required by Section 3(A), the Lender shall send by facsimile transmission to its custodian bank an instruction to make the requested Loan available to the Borrower in United States dollars and in immediately available funds by wiring such funds to or for the account of the Borrower or his or her designee as specified by the Borrower in the Notice of Borrowing.
Making of Loan. Subject to the terms and conditions hereof, MICC agrees to lend to LBA up to Two Million Eight Hundred Thousand Dollars ($2,800,000) (the "Loan Amount") in periodic Disbursements ("Disbursements") during the period commencing with the date herewith and ending December 30, 1994 for the sole purpose of renovating the Hotel pursuant to the project scope set forth in Exhibit A (the "Renovation"). The Loan shall be evidenced by a promissory note in the form of Exhibit B attached hereto (the "Note").
Making of Loan. Simultaneously with the execution and delivery hereof, Lender shall advance and loan to Borrower the Loan Amount and Borrower shall execute and deliver to Lender a promissory note (the "PROMISSORY NOTE") in the form attached hereto as Exhibit A, and simultaneously with the advance of the Loan to Borrower, Borrower shall pay to Lender the Points in consideration for the advancement of the Loan. The Loan Amount shall be repaid by Borrower in accordance with the terms and conditions of the Promissory Note.
