SECURED LOAN AGREEMENT Sample Clauses

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.

Related to SECURED LOAN AGREEMENT

Loan Agreement Each Borrower shall have executed and delivered this Agreement to Lender.
Loan Agreement and Note Lender shall have received a copy of this Agreement and the Note, in each case, duly executed and delivered on behalf of Borrower.
Term Loan Agreement Except as specifically stated herein, the Term Loan Agreement shall continue in full force and effect in accordance with the provisions thereof. As used therein, the terms "Agreement", "herein", "hereunder", "hereto", "hereof" and words of similar import shall, unless the context otherwise requires, refer to the Term Loan Agreement as modified hereby.
Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.
Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.
Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:
Security Instrument Borrower will execute the Security Instrument dated of even date with this Loan Agreement. The Security Instrument will be recorded in the applicable land records in the Property Jurisdiction.
Credit Agreement and Notes This Agreement and the Notes executed by each party thereto;
Credit Agreement a) Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term "instrument" shall have the meaning specified in Article 9 of the New York UCC. (b) The rules of construction specified in Section 1.03 of the Credit Agreement also apply to this Agreement.
Credit Agreement and Loan Documents The Lender (or its counsel) shall have received (i) from each party hereto either (A) a counterpart of this Agreement signed on behalf of such party or (B) written evidence satisfactory to the Lender (which may include fax or other electronic transmission of a signed signature page of this Agreement) that such party has signed a counterpart of this Agreement and (ii) duly executed copies of the Loan Documents and such other certificates, documents, instruments and agreements as the Lender shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including a written opinion of the Loan Parties’ counsel, addressed to the Lender in substantially the form of Exhibit A.