Making of the Loan. Subject to the terms and conditions set forth in this Agreement, including Section 2.15., each Lender party hereto on the Agreement Date severally and not jointly agrees to make its portion of the Loan to the Borrower on the Effective Date, in a principal amount equal to such Lender’s Commitment. Amounts of the Loan (including any Additional Loan Advances) that are repaid may not be reborrowed.
Making of the Loan. In accordance with terms and provisions set forth herein the Lender shall make a loan to the Borrower in US Dollars in the maximum principal amount up to USD$ 100,000 (one hundred thousand) (hereinafter the “Loan”). The Borrower undertakes to accept the Loan and to repay to the Lender all received principal amount of the Loan and all accrued interest thereon within the period of time stipulated herein.
Making of the Loan. Each of the Lenders, relying upon each of the representations and warranties set out in Section 2, hereby severally and not jointly agrees with the Borrower that, subject to and upon the terms of this Agreement, it will on the Drawdown Date make the Loan available through the Administrative Agent to the Borrower in an aggregate amount not to exceed its Commitment ratably with the other Lenders according to their respective Commitments.
Making of the Loan. The Issuer hereby makes a loan to the Borrower in the principal amount of the Series 2021 Bonds. The Loan shall be deemed to have been made when the proceeds of the original sale of the Series 2021 Bonds are delivered to the Trustee at the direction of the Issuer. Such proceeds shall be apportioned by the Trustee and deposited in the funds established pursuant to Section 4.03 of the Indenture.
Making of the Loan. (i) Lender, relying upon each of the representations and warranties set out in Section 5, hereby agrees with Borrower that, subject to and upon the terms of this Agreement, it shall make the Loan available to the Borrower, it being understood that the Loan will be made available in a single advance on the Closing Date. Borrower may prepay the Loan without penalty or premium.
Making of the Loan. Subject to the provisions of Section 202 hereof, the Holder shall make available to the Borrower the proceeds of the Loan from time to time in accordance with the terms, provisions and conditions of the Note. Provided that no Event of Default has occurred, as the Borrower repays principal under the Note, it shall be permitted to re-borrow until the Maturity Date provided, however, that at no time shall the Principal Balance exceed $3,000,000.00."
Making of the Loan. The Issuer hereby makes a loan to the Borrower in the principal amount of the Bonds. The Loan shall be deemed to have been made when the proceeds of the original sale of the Bonds are delivered to the Trustee at the direction of the Issuer. Such proceeds shall be apportioned by the Trustee and deposited in the funds established pursuant to Section 4.03 of the Indenture.
Making of the Loan. Disbursements of Loan Proceeds. The Mortgagee has proposed to make the Loan to the Company. Loan Proceeds shall be disbursed to the Company in accordance with the Loan Agreement.
Making of the Loan. Multi-Link shall have loaned the sum of Three Hundred Thousand Dollars ($300,000.00) to Shareholder, which amount shall bear interest at three percent (3%) over the prime rate in effect during the term of such loan, shall be due and payable on or before December 31, 2000, and shall be secured by a pledge of the Stock (the "Loan").
Making of the Loan. 4.4.1. Subject to the terms of this Agreement, on Financial Close, each Lender advanced to the Facility Agent, to the account notified to it in writing by the Facility Agent, and the Facility [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, IS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED. Agent advanced to the Borrower, to the Borrower Charged Account, each Lender’s Proportion of the Loan (in its amount as at Financial Close) drawn down.
