TERMS AND CONDITIONS OF THE LOAN Sample Clauses
TERMS AND CONDITIONS OF THE LOAN. The borrowed works will be used only for the purposes defined in this Agreement. Transportation company, method of packing and shipping is determined by the Lender. All costs for packing items and transport there and back carries the Borrower. The borrowed works will be handed over to the Borrower and before expiration of the stipulated loan period will be returned at the Lender’s address: xxx The borrowed works may not be further handled, removed to other premises than the premises stipulated and provided to other users, without the Lender’s consent. The borrowed works may not be, without the Lender’s consent, photographed, filmed, and reproduced in any other manner, with the exception of cases specified under Article IV. par. 3 of this Agreement, and no restoration interferences, changes and adaptations including adjustments (frames) may be carried out on them. The Borrower is responsible for any damage, devaluation, destruction or loss of the works, in whatever manner it was caused, up to the prices stated in this Agreement. The responsibility arises at the moment of the actual receipt of the works by the Borrower and lasts until the moment of the actual handover to the Lender or to the handover to another contract borrower. The Lender is entitled, in the course of the duration of the contract relationship, to assure himself of the state of the artworks and the manner in which the artworks are handled. The Borrower is obliged to return the works borrowed in the state in which he took them over.
TERMS AND CONDITIONS OF THE LOAN. 4.1 A Loan under the Individual Facility and pursuant to this Agreement can only be provided by the Lender to a Qualified Company. Such Loan will be provided on standard terms and conditions, cf. Appendix 4.1 – Loan Note (template) (the “Loan Terms”). The Lender reserves the right to adjust and amend the Loan Terms, in- cluding its appendices, from time to time, such adjustment to be applicable to any Loans being requested thereafter. The Loan Terms are available on the Lender’s homepage xxx.xx.xx (xx.xx/xxxxxxx-xx-xxxxxx). HELLERUP 7 OCTOBER 2021
4.2 During the loan period of any Loan, which may be no longer than 6 years, the Lender will not enter into any negotiations regarding the Loan Terms, e.
TERMS AND CONDITIONS OF THE LOAN. The borrowed works will be used only for the purposes defined in this Agreement. Transportation company, method of packing and shipping is determined by the Lender: hs art service, Vienna. All costs for packing items and transport there and back carries the Borrower. The borrowed works will be handed over to the Borrower and before expiration of the stipulated loan period will be returned at the Lender’s address: The borrowed works may not be further handled, removed to other premises than the premises stipulated and provided to other users, without the Lender’s consent. The borrowed works may not be, without the Lender’s consent, photographed, filmed, and reproduced in any other manner, with the exception of cases specified under Article IV. par. 3 of this Agreement, and no restoration interferences, changes and adaptations including adjustments (frames) may be carried out on them. The Borrower is responsible for any damage, devaluation, destruction or loss of the works, in whatever manner it was caused, up to the prices stated in this Agreement. The artworks will be insured for the exhibition and transport period at full value through the general policy of Galerie Xxxxxxxxx Xxxxx GmbH at UNIQA. The expenses for coverage will be charged to the borrower prior collection. The responsibility arises at the moment of the actual receipt of the works by the Borrower and lasts until the moment of the actual handover to the Lender or to the handover to another contract borrower. The Lender is entitled, in the course of the duration of the contract relationship, to assure himself of the state of the artworks and the manner in which the artworks are handled. The Borrower is obliged to return the works borrowed in the state in which he took them over.
TERMS AND CONDITIONS OF THE LOAN. During the term of this Agreement:
(a) interest can be paid at the agreed upon rate and time, provided that the payment of such interest does not result in a capital deficiency under NI 31-103;
(b) any loan or advance or posting of security for a loan or advance by the Registered Firm to the Lender, shall be deemed to be a payment on account of the Loan.
TERMS AND CONDITIONS OF THE LOAN. In accordance with the terms and subject to the conditions set forth herein, the Lender agrees to make advances of the Loan (each, an “Advance”) to the Borrower during the Availability Period; provided that (x) the amount of any Advance shall not include interest, commissions, expenses or any amounts other than principal payable by the Borrower to the Lender pursuant to the Notes; (y) the aggregate principal amount of all Advances shall not exceed at any time the amount of the Authorized Loan Amount; and (z) the Borrower may not re-borrow any amounts of the Loan paid (whether prepaid or paid in the scheduled payment date) to the Lender pursuant to the terms set forth herein.
TERMS AND CONDITIONS OF THE LOAN. The Loan was made by the Investor to the Company on the basis of the representations, warranties, covenants and agreements contained in this Agreement, and subject to the terms and conditions set forth of this Agreement.
TERMS AND CONDITIONS OF THE LOAN.
a) Amount of Loan: Bank hereby agrees to lend and the Borrower/Co-Borrower(s) agrees to borrow the sum as specified in the Schedule on the terms and conditions contained herein.
TERMS AND CONDITIONS OF THE LOAN. 4.1 A loan under the Individual Facility and pursuant to this Agreement (a “Loan”) can only be provided on standard terms and conditions, cf. Appendix 4.1 – Loan Note (template) (the “Loan Terms”). A Loan can only be provided by the Lender to a Qualified Company.
4.2 The Lender reserves the right to adjust and amend the Loan Terms, including its appendices, from time to time, for future Loans (i.e. not in relation to Loan Terms which have already been signed by the Lender). The Loan Terms is available on the Lender’s homepage xxx.xx.xx (xx.xx/xxxxxxx-xx-xxxxxx). HELLERUP 11 JUNE 2020
4.3 During the loan period of any Loan, the Lender will not enter into any negotiations regarding the Loan Terms, e.
TERMS AND CONDITIONS OF THE LOAN. No Changes.
TERMS AND CONDITIONS OF THE LOAN. 2.1 The Creditor shall open to the Borrower a loan account No. 45208840200140029152.
2.2 The Borrower shall pay a facility fee in the amount of 0.3% (three tenth percent) of the credit facility limit which amounts to US$ 210,000 (Two Hundred Ten Thousand US Dollars) due and payable in rubles at the rate of the Bank of Russia as of the payment date. Such amount is to be paid up-front by the Borrower to the Creditor within 8 (eight) business days after the execution hereof by the Parties.
2.3 The loan shall be made available to the Borrower after:
2.3.1 The Creditor is provided with the documents confirming the purposes for which the loan is to be used, in the form satisfactory to the Creditor, including copies of contracts (or extracts from contracts) and/or acceptance acts and/or proforma invoices and other documents requested by the Creditor. Forms of the documents confirming the intended use of the loan shall be deemed satisfactory to the Creditor unless the Creditor notifies the Borrower otherwise in writing within 5 (five) business days after the Borrower has furnished such documents;
2.3.2 Execution and provision to the Creditor of the agreements to the bank account agreements which provide that the Creditor has the right to debit without acceptance the settlement and current currency accounts of the Borrower No. 40702810800020106152 and No. 40702840100020106152 with OPERU of Sberbank of Russia.
2.3.3 The facility fee specified in Clause 2.2 above is paid;
2.3.4 Execution of the pledge agreements specified in clauses 6.2.4.2-6.2.4.4 hereof.
2.3.5 Execution by the Open Joint-Stock Company Vimpel-Communications (located at: Xx. 0 Xxxxx, 10, bldg. 14, 127083 Moscow, Russia) (the “Guarantor”) of the guarantee agreement with the Creditor pursuant to clause 6.2.4.1 hereof under which the Guarantor’s liability under the Borrower’s obligations hereunder will be limited by US$ 36,000,000 (Thirty-six Million).
2.3.6 Execution and provision to the Creditor of agreements to the bank account agreements providing for the Creditor’s right to debit without acceptance the settlement account of the Guarantor No. 40702810138180121008 with Vernadsky OSB # 7970 of Sberbank of Russia.
2.3.7 Execution of the pledge agreement and registration of the pledge of promissory notes specified in clause 5.2.4 hereof with a pledge value of at least 448,000,000 (Four Hundred Forty-eight Million) Rubles.
2.3.8 Execution of the pledge of equipment agreement specified in clause 6.2.4.5 h...