Common use of Term of Loan Clause in Contracts

Term of Loan. 2.1 The term of the Loan hereunder shall be ten (10) years from the date when the Borrowers actually receive all or any part of the Loan. Unless otherwise indicated by the Lender prior to its expiration, the term of the Loan will be automatically extended for another ten (10) years, and so forth thereafter.

Term of Loan. 2.1 The term of the Loan hereunder shall be ten (10) years from the date when the Borrowers Borrower actually receive all or any part of receives the Loan. Unless otherwise indicated by the Lender prior to its expiration, the term of the Loan will which may be automatically extended for another ten a one (101) years, and so forth thereafteryear each thereafter if the Lender fails to raise its disagreement in writing within thirty (30) days before the expiry of the Loan.

Term of Loan. 2.1 The term of the Loan hereunder shall be loan is ten (10) years from since the actual withdrawal date when the Borrowers actually receive all or any part of the LoanBorrower. Unless otherwise indicated by the Lender prior to its expiration, the The term of the Loan will hereunder shall be automatically extended for another by ten (10) years, and so forth thereafteryears unless the Lender makes the contrary expression in writing with three months prior to the expiry of the Agreement.

Term of Loan. 2.1 The term of the Loan hereunder shall be ten (10) years from the date when the Borrowers actually receive all or any part of the Loan. Unless otherwise indicated by the Lender prior to its expiration, the term of the Loan will be automatically extended for another ten (10) years, and so forth thereafter.

Term of Loan. 2.1 The term of the Loan hereunder shall be ten (10) years from the date when the Borrowers actually receive all or any part of the LoanLoan until December 31, 2030. Unless otherwise indicated by the Lender prior to its expiration, the term of the Loan will be automatically extended for another ten (10) years, and so forth thereafter.