SECURED LOAN AGREEMENT. Holder shall first enforce and reasonably exhaust all of its rights and remedies under the Secured Loan Agreement before enforcing any of its rights or remedies under this Agreement.
SECURED LOAN AGREEMENT. THIS LOAN AGREEMENT is dated December 6, 1996 between CytRx Corporation, a Delaware corporation ("CytRx"), and Zynaxis, Inc., a Pennsylvania corporation ("Zynaxis"). Background This Loan Agreement is being entered into simultaneously with and in connection with the execution of the Agreement and Plan of Merger and Contribution among CytRx Corporation, Vaxcel, Inc., Vaxcel Merger Subsidiary, Inc. and Zynaxis, Inc. ("Merger Agreement") and the Transaction Documents referred to therein. Unless otherwise defined herein, capitalized terms that are not defined herein and that are defined in the Merger Agreement shall have the meaning given such terms in the Merger Agreement. NOW, THEREFORE, in consideration of the above and the mutual promises herein contained, the parties agree as follows: Terms 1. Amount of Loan. Subject to the terms and conditions of this Agreement, CytRx will from time to time loan to Zynaxis, and Zynaxis may from time to time borrow, repay and reborrow, up to an aggregate principal amount outstanding at any one time of $2,000,000 (the "Loan"). The Loan will be evidenced by the Senior Secured Note.
SECURED LOAN AGREEMENT. THIS SECURED LOAN AGREEMENT, made as of the 11th day of April, 1996 by and among FINOVA CAPITAL CORPORATION, a Delaware corporation ("Lender"), and ATLAS AIR, INC., a Delaware corporation ("Borrower"), W I T N E S S E T H: WHEREAS, Lender has agreed to provide to Borrower a loan in the aggregate principal amount of not more than thirty-two million eight hundred seventy-five thousand seven hundred twenty-one and seventy-five one-hundredths Dollars ($32,875,721.75), which loan and other financial accommodations shall be used to permit Borrower to acquire a certain Boeing model 747-200 aircraft, and the four General Electric model CF6-50E2 jet aircraft engines installed thereon, all as provided herein, NOW, THEREFORE, in consideration of the foregoing and the terms and conditions hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrower and Lender hereby agree as follows: 1. DEFINITIONS.
SECURED LOAN AGREEMENT. The parties acknowledge and agree that the provisions of Section 5.2 of that certain Secured Loan Agreement dated December 15, 2006 by and between the Seller and the Buyer remain in full force and effect and that a breach of such provisions shall be deemed to be a breach of this Agreement.
SECURED LOAN AGREEMENT. This Secured Loan Agreement (this "Agreement") is made as of May ___, 2001 (the "Effective Date") by and among Silvon Software, Inc., an Illinois corporation (the "Borrower"), and JDA Software Group, Inc., a Delaware corporation (the "Lender"). RECITALS The Borrower wishes to borrow from the Lender and the Lender wishes to loan to the Borrower $3.5 million pursuant to the terms hereof and to be evidenced by a Secured Promissory Note in the form of Exhibit A hereto (the "Note"). AGREEMENT In consideration of the mutual promises contained herein and other good and valuable consideration, receipt of which is hereby acknowledged, the parties to this Agreement agree as follows: 1. Loan. Pursuant to the terms and subject to the conditions hereof (including those in Section 5 hereof), the Lender does hereby agree to make a secured loan in the amount of $3.5 million to the Borrower to be evidenced by the Note and the Borrower agrees to repay that loan with interest as described in the Note.