The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each a “Loan”) to the Company during the period set forth below in an aggregate principal amount not to exceed $20,000,000 at any one time outstanding (the “Commitment”). Within the limits and during the term of the Commitment, the Company may borrow, prepay and reborrow.
Appears in 2 contracts
Sources: Promissory Note and Supplement (Revolving Term Loan) (Middlesex Water Co), Promissory Note and Supplement (Revolving Term Loan) (Middlesex Water Co)
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each each, a “Loan”) to the Company from time to time during the period set forth below in an aggregate principal amount not to exceed $20,000,000 at any one time outstanding (the “Commitment”). Within the limits and during the term of Under the Commitment, the Company amounts borrowed and later repaid may borrow, prepay and reborrownot be reborrowed.
Appears in 2 contracts
Sources: Promissory Note (Middlesex Water Co), Promissory Note (Middlesex Water Co)
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each each, a “Loan”) to the Company from time to time during the period set forth below below, in an aggregate principal amount not to exceed $20,000,000 at any one time outstanding 15,000,000 (the “"Commitment”"). Within the limits and during the term of Under the Commitment, the Company amounts borrowed and later repaid may borrow, prepay and reborrownot be reborrowed.
Appears in 2 contracts
Sources: Promissory Note, Promissory Note (Middlesex Water Co)
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each a the “LoanLoans”) to the Company from time to time during the period set forth below below, in an aggregate principal amount not to exceed $20,000,000 at any one time outstanding 7,500,000 (the “Commitment”). Within the limits and during the term of Under the Commitment, the Company amounts borrowed and later repaid may borrow, prepay and reborrownot be reborrowed.
Appears in 1 contract
The Commitment. On the terms and subject to the conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each a the “LoanLoans”) to the Company from time to time during the period set forth below in an aggregate principal amount not to exceed $20,000,000 1,500,000 at any one time outstanding (the “Commitment”). Within During the term and within the limits and during the term of the Commitment, the Company may borrow, prepay and reborrow.
Appears in 1 contract
Sources: Promissory Note (Pennichuck Corp)
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each a “Loan”) to the Company during the period set forth below in an aggregate principal amount not to exceed $20,000,000 at any one time outstanding 15,000,000 (the “"Commitment”"). Within the limits and during the term of Under the Commitment, the Company amounts borrowed and later repaid may borrow, prepay and reborrownot be reborrowed.
Appears in 1 contract
Sources: Promissory Note (Middlesex Water Co)
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each a “Loan”) to the Company during the period set forth below in an aggregate principal amount not to exceed $20,000,000 12,000,000 at any one time outstanding (the “"Commitment”"). Within the limits and during the term of the Commitment, the Company may borrow, prepay and reborrow.
Appears in 1 contract
Sources: Promissory Note and Supplement (Middlesex Water Co)
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each a “Loan”) to the Company during the period set forth below in an aggregate principal amount not to exceed $20,000,000 10,000,000 at any one time outstanding (the “"Commitment”"). Within the limits and during the term of the Commitment, the Company may borrow, prepay and reborrow.
Appears in 1 contract
Sources: Promissory Note (Middlesex Water Co)
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans (each a the “LoanLoans”) to the Company from time to time during the period set forth below below, in an aggregate principal amount not to exceed $20,000,000 at any one time outstanding 4,500,000 (the “Commitment”). Within the limits and during the term of Under the Commitment, the Company amounts borrowed and later repaid may borrow, prepay and reborrownot be reborrowed.
Appears in 1 contract
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans a single loan (each a the “Loan”) to the Company during on or before the expiration of the period set forth below in an aggregate a principal amount not to exceed $20,000,000 at any one time outstanding 10,000,000 (the “Commitment”). Within the limits and during the term of Under the Commitment, the Company amounts borrowed and later repaid may borrow, prepay and reborrownot be reborrowed.
Appears in 1 contract
The Commitment. On the terms and conditions set forth in the MLA and this Promissory Note and Supplement, CoBank agrees to make loans a loan (each a the “Loan”) to the Company during the period set forth below in an aggregate Section 3 in a principal amount not to exceed of $20,000,000 at any one time outstanding 25,000,000 (the “Commitment”). Within the limits and during the term of Under the Commitment, the Company amounts borrowed and later repaid may borrow, prepay and reborrownot be reborrowed.
Appears in 1 contract
Sources: Promissory Note (Middlesex Water Co)