Parent Loan Sample Clauses

Parent Loan. Prior to January 31, 2024, Parent shall make a loan to the Company of no less than $3 million (the “Loan”), which Loan shall be made in accordance with the terms of the Original Loan Documents.
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Parent Loan. As soon as practicable after the date hereof and following fulfillment of the conditions described in this Section 5.19, Parent and/or Sub shall make available to the Company a revolving line of credit (the "Parent Loan") in the maximum principal amount of $10 million pursuant to the terms and conditions of a loan agreement (the "Loan Agreement") to be entered into by the Company, Parent and/or Sub, which Loan Agreement shall contain the following terms and conditions in addition to other reasonable and customary terms and conditions:
Parent Loan. Purchaser acknowledges that CCM owes Parent the outstanding loan in the aggregate principal amount of $25,000,000. CCM intends to repay such amount prior to Closing. If because of regulatory requirements or otherwise CCM is prevented from repaying such amount, Purchaser will cause CCM to make such repayment to Parent promptly following the receipt of regulatory approval. Following the repayment of such amount, Purchaser will not permit CCM to make any further drawings under such loan and Purchaser and Parent shall cooperate to terminate such loan.
Parent Loan. 61 6.14 Pre-Closing Intellectual Property Transfer..................................................61 6.15 Disposition of "Schwab" Element Trademark Applications......................................62 6.16
Parent Loan. At the Closing, Parent shall make a loan to Axsox (xxe "Parent Loan") in the principal amount of $43,000. The Parent Loan shall be memorialized by the issuance to Parent of Axsox'x xxxmissory note in the form annexed hereto as Exhibit C (the "Axsox Xxxe").
Parent Loan. Subject to the terms and conditions hereof and upon the request of the Parent, the Receivables Seller may advance the proceeds of the initial Transfer of Transferred Receivables to the Parent (the "Parent Loan"). The aggregate principal amount of the Parent Loan outstanding shall not exceed at any time the Maximum Purchase Limit.
Parent Loan. Concurrently with the execution and delivery of this Agreement by all parties, Parent will loan the Company the sum of Two Hundred Fifty Thousand Dollars ($250,000) pursuant to the Convertible Promissory Note Purchase Agreement, in substantially the form attached hereto as Exhibit C.
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Parent Loan. Concurrent with the execution of this Agreement, the Companies have entered into a loan agreement with Parent, dated as of the date hereof, pursuant to which Parent has made a loan to the Companies in the aggregate principal amount of $30 million (the “Parent Loan”), with the aggregate principal amount of the Parent Loan and accrued and unpaid interest maturing on the date that is ninety (90) calendar days after the termination of this Agreement or, if the Closing occurs, ninety (90) calendar days after written demand for payment (the “Maturity Date”). Interest on the outstanding principal amount of the Parent Loan shall accrue at the rate of ten percent (10%) per annum, payable on the Maturity Date. The Parent Loan is secured by substantially all of the assets of the Companies, pursuant to the loan agreement.
Parent Loan. Parent shall have substantially concurrently received proceeds of the Parent Loan in an amount not less than $400,000,000.
Parent Loan. The Company’s obligations under the USD 100,000,000 Revolving Facility Agreement, as amended and restated on May 30, 2018, and subsequently amended thereafter, between Seller, the Company and DNB Bank ASA, shall have been discharged,
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