Subsequent loan Clause Samples
Subsequent loan. The Lender has no obligation to make any subsequent Loan. If the Lender elects to do so, such subsequent Loan shall be subject to the terms, conditions and benefits of this Agreement and shall be subject to satisfaction or waiver of the same conditions precedent as are set forth in Section 3.1.
Subsequent loan. Changes in interest rates with the Government Lender, and the Holders approval; provided, such interest rate is adjusted proportionally between the guaranteed and unguaranteed portion of the loan and the type of rate remains the same.
Subsequent loan. From and after such time that Borrower has achieved the Second Draw Milestone, if Borrower so elects, Lender shall make one (1) additional Loan to Borrower (the “Subsequent Loan”) in the principal amount of up to Five Million Dollars ($5,000,000).
Subsequent loan. Changes in interest rates with HRSA, Lender, and the Holders approval; provided, such interest rate is adjusted proportionally between the guaranteed and unguaranteed portion of the loan and the type of rate remains the same.
Subsequent loan. The Loan made or to be made on the Subsequent Closing Date in the principal amount specified therefor in the Notice of Borrowing in respect thereof (subject to the limitations set forth in Section 2.1).
Subsequent loan. In order to notify LCC of the timing of funding of the Subsequent Loan, the Corporation shall provide written notice to LCC when Stage 3 of the Auction commences, when