Principal Loan Amount Sample Clauses

Principal Loan Amount. The Lender hereby agrees to loan the Company at the Closing an amount equal to US $1,000,000, under the terms and conditions provided herein (the “Principal Loan Amount”).
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Principal Loan Amount. Upon receipt of funds, Borrower promises to unconditionally pay to the order of Lender, its successors or assigns the principal amount of One Hundred Twenty Five Thousand Dollars ($125,000)(the “Loan Amount”), together with interest pursuant to this Loan Agreement and the corresponding promissory notes documenting the Loan Amount. The Lender shall wire or otherwise deliver the Loan Amount to Borrower on or before 5:00 pm EST on February 8, 2016. Repayment of the Loan Amount shall be subject to the terms and conditions of the 10% Convertible Promissory Note, the form of which is attached hereto as Exhibit A (the “Note”), to be issued to the Lender upon receipt of funds.
Principal Loan Amount. Not to exceed Eight Million Eight-Hundred Seventy-Two Thousand Three Hundred Fifty-Three and 73/100 Dollars ($8,872,353.73). The loan will be recorded as receivable by the Lender and payable by the Borrower.
Principal Loan Amount. Upon receipt of funds, Borrower promises to unconditionally pay to the order of Lenders, their successors or assigns the principal amount of Three Hundred Eight-Five Thousand Dollars ($385,000)(the “Loan Amount”), together with interest pursuant to this Loan Agreement and the corresponding promissory notes documenting the Loan Amount. Each Lender shall wire or otherwise deliver his proportionate amount of the Loan Amount to Borrower on or before 5:00 pm EST on February 10, 2014. Repayment of the Loan Amount shall be subject to the terms and conditions of the 10% Convertible Promissory Notes, the form of which is attached hereto as Exhibit B (the “Note”), to be issued to each Lender upon receipt of funds.
Principal Loan Amount. Upon receipt of funds, Borrower promises to unconditionally pay to the order of LB Merchant PSMH-1, LLC, its successors or assigns the principal amount of Forty Thousand Dollars ($40,000) and to unconditionally pay to the order of LB Merchant PSMH-2, LLC, its successors or assigns the principal amount of Thirty Thousand Dollars ($30,000) (together the “Loan Amount”), together with interest pursuant to this Loan Agreement and the corresponding promissory notes documenting the Loan Amount. Lender shall wire or otherwise deliver the Loan Amount to Borrower on or before 5:00 pm EST on November 12, 2014. Repayment of the Loan Amount shall be subject to the terms and conditions of the 10% Convertible Promissory Note, the form of which is attached hereto as Exhibit B (the “Note”), to be issued to Lender upon receipt of funds.
Principal Loan Amount. The principal amount of the loan is Ten Thousand U.S. Dollars (the “Principal Amount”).
Principal Loan Amount. The principal loan amount is up to $1,000,000 (one million dollars).
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Principal Loan Amount. The principal amount of the loan made under this Loan Agreement and Note is the Principal. Within five (5) business days after the Effective Date, LENDER shall loan and transmit the entire Principal, being FIVE HUNDRED THOUSAND U.S. DOLLARS AND NO CENTS (USD$500,000.00), to BORROWER, which amount shall be wired transferred within the seven (7) business days after the Effective Date to the BORROWER’s bank account set forth in Attachment One hereto (“BXXXXXXX’s Account”). “Business days” means any weekday (Monday through Friday) on which the banks in Hong Kong SAR are open for business on regular business hours.
Principal Loan Amount. Not to exceed Four Million and no/100 Dollars ($4,000,000). The loan will be recorded as receivable to the Lender and payable to the Borrower.
Principal Loan Amount. The principal amount of the loan is Three Hundred Fifty Thousand U.S. Dollars (the “Principal Amount”).
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