Quote. The Lender shall make available to the Borrower a loan in the lawful currency of the United States of America (“USD” or “US Dollar” or “Loan Currency”) not exceeding the aggregate (“Loan”) of · USD 6,113,624.74 (in words: US Dollar six million one hundred thirteen thousand six hundred and twenty-four 74/100) being a loan part 1 (“Loan Part 1”) and representing 85% of the Eligible USD Contract Value plus · the USD equivalent of EUR 28,531,800.20 (in words: Euro twenty-eight million five hundred and thirty-one thousand eight hundred 20/100) being a loan part 2 (“Loan Part 2”) and representing 85% of the Eligible EUR Contract Value, such Loan Part 1 and Loan Part 2 consisting of · USD 4,740,601.31 (in words: US Dollar four million seven hundred forty thousand six hundred and one 31/100) being the initial loan part 1 (“Initial Loan Part 1”) and representing 85% of the Initial Eligible USD Contract Value plus · USD 15,441,347.69 being the USD equivalent of EUR 11,990,239.32 (in words: Euro eleven million nine hundred and ninety thousand two hundred and thirty nine 32/100) being the initial loan part 2 (“Initial Loan Part 2”) and representing 85% of the Initial Eligible EUR Contract Value plus · USD 1,373,023.43 (in words: US Dollar one million three hundred seventy-three thousand five and twenty-three 43/100) being the additional loan part 1 (“Additional Loan Part 1”) and representing 85% of the Additional Eligible USD Contract Value plus · the USD equivalent of EUR 16,541,560.88 (in words: Euro sixteen million five hundred and forty-one thousand five hundred and sixty 88/100) being the additional loan part 2 (“Additional Loan Part 2”) and representing 85% of the Additional Eligible EUR Contract Value. The USD equivalent under Loan Part 2 shall be calculated at the Applicable Exchange Rate as defined in Sub-Article 2.2 hereof but in no case the Loan shall exceed USD 44,304,878.65 (in words: US Dollar forty-four million three hundred and four thousand eight hundred and seventy-eight 65/100). UNQUOTE
Appears in 3 contracts
Sources: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)
Quote. The Lender shall make available to the Borrower a loan in the lawful currency of the United States of America (“USD” or “US Dollar” or “Loan Currency”) not exceeding the aggregate (“Loan”) of · USD 6,113,624.74 8,125,194.34 (in words: US Dollar six eight million one hundred thirteen twenty-five thousand six one hundred and twentyninety-four 74/10034/100) being a loan part 1 (“Loan Part 1”) and representing 85% of the Eligible USD Contract Value plus · the USD equivalent of EUR 28,531,800.20 26,799,766.16 (in words: Euro twenty-eight six million five seven hundred and thirtyninety-one nine thousand eight seven hundred 20/100and sixty-six 16/100) being a loan part 2 (“Loan Part 2”) and representing 85% of the Eligible EUR Contract Value, such Loan Part 1 and Loan Part 2 consisting of · USD 4,740,601.31 (in words: US Dollar four million seven hundred forty thousand six hundred and one 31/100) being the initial loan part 1 (“Initial Loan Part 1”) and representing 85% of the Initial Eligible USD Contract Value plus · USD 15,441,347.69 being the USD equivalent of EUR 11,990,239.32 (in words: Euro eleven million nine hundred and ninety thousand two hundred and thirty nine 32/100) being the initial loan part 2 (“Initial Loan Part 2”) and representing 85% of the Initial Eligible EUR Contract Value plus · USD 1,373,023.43 3,384,593.03 (in words: US Dollar one three million three hundred seventyeighty-four thousand five hundred and ninety-three thousand five and twenty-three 43/1003/100) being the additional loan part 1 (“Additional Loan Part 1”) and representing 85% of the Additional Eligible USD Contract Value plus · the USD equivalent of EUR 16,541,560.88 14,809,526.84 (in words: Euro sixteen fourteen million five eight hundred and forty-one nine thousand five hundred and sixty 88/100twenty-six 84/100) being the additional loan part 2 (“Additional Loan Part 2”) and representing 85% of the Additional Eligible EUR Contract Value. The USD equivalent under Loan Part 2 shall be calculated at the Applicable Exchange Rate as defined in Sub-Article 2.2 hereof but in no any case the Loan shall not exceed USD 44,304,878.65 (in words: US Dollar forty-four million three hundred and four thousand eight hundred and seventy-eight 65/100). UNQUOTE
Appears in 3 contracts
Sources: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)