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 from time to time during the period set forth below in an aggregate principal amount not to exceed $20,000,000 (the “Commitment”). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.
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Samples: Note and Supplement (Middlesex Water Co), Combination Water Utility Real Estate Mortgage and Security Agreement (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 7,500,000 (the “Commitment”). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.
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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 from time to time during the period set forth below below, in an aggregate principal amount not to exceed $20,000,000 15,000,000 (the “"Commitment”"). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.
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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 4,500,000 (the “Commitment”). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.
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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”). Under During the term and within the limits of the Commitment, amounts borrowed the Company may borrow, prepay and later repaid may not be reborrowedreborrow.
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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 12,000,000 at any one time outstanding (the “"Commitment”"). Under Within the limits and during the term of the Commitment, amounts borrowed the Company may borrow, prepay and later repaid may not be reborrowedreborrow.
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Samples: 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, 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 10,000,000 at any one time outstanding (the “"Commitment”"). Under Within the limits and during the term of the Commitment, amounts borrowed the Company may borrow, prepay and later repaid may not be reborrowedreborrow.
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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 15,000,000 (the “"Commitment”"). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.
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