THE FOURTH TO THE EIGHTH EXTENSIONS OF LKY LOAN AGREEMENT Background Sample Clauses

THE FOURTH TO THE EIGHTH EXTENSIONS OF LKY LOAN AGREEMENT Background. On 30 November 2018, the Company as a lender and Xxxxxxxx LKY entered into the First LKY Loan Agreement pursuant to which the Company agreed to provide Borrower LKY a loan in the principal amount of HK$10,000,000 for 21 days at an interest rate of 6% per annum and Borrower LKY agreed to repay the principal amount and the accrued interests due and payable in full on 20 December 2018 to the Company. On 10 December 2018, the Company as a lender and Xxxxxxxx LKY entered into the Second LKY Loan Agreement pursuant to which the Company agreed to further provide Borrower LKY a loan in the principal amount of HK$5,000,000 for 19 days at an interest rate of 6% per annum and Borrower LKY agreed to repay the principal amount and the accrued interests due and payable in full on 28 December 2018 to the Company. The loans advanced to Borrower LKY under the LKY Loan Agreements were financed by internal resources of the Company. On 20 December 2018, the Company and Borrower LKY entered into the First LKY Loan Extension Agreement pursuant to which the Company agreed to extend the repayment date of any outstanding amount under the LKY Loan Agreements to 28 January 2019. Save as aforesaid, all the material terms and conditions of the LKY Loan Agreements shall remain in full force and effect. On 28 January 2019, the Company and Borrower LKY entered into the Second LKY Loan Extension Agreement pursuant to which the Company agreed to extend the repayment date of any outstanding amount under the LKY Loan Agreements to 15 March 2019. Save as aforesaid, all the material terms and conditions of the LKY Loan Agreements (as amended and supplemented by the First LKY Loan Extension Agreement) shall remain in full force and effect. On 15 March 2019, the Company and Borrower LKY entered into the Third LKY Loan Extension Agreement pursuant to which the Company agreed to extend the repayment date of any outstanding amount under the LKY Loan Agreements to 15 June 2019. Save as aforesaid, all the material terms and conditions of the LKY Loan Agreements (as amended and supplemented by the First LKY Loan Extension Agreement and the Second LKY Loan Extension Agreement) shall remain in full force and effect.
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Related to THE FOURTH TO THE EIGHTH EXTENSIONS OF LKY LOAN AGREEMENT Background

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Amendments to Credit Agreement The Credit Agreement is hereby amended as follows:

  • Amendment and Waivers Any term or provision of this Agreement may be amended, and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively) only by a writing signed by the party to be bound thereby. The waiver by a party of any breach hereof for default in payment of any amount due hereunder or default in the performance hereof shall not be deemed to constitute a waiver of any other default or any succeeding breach or default.

  • Credit Agreement (a) Capitalized terms used in this Agreement and not otherwise defined herein have the meanings specified in the Credit Agreement. All terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein; the term “instrument” shall have the meaning specified in Article 9 of the New York UCC.

  • Amendment of the Agreement The Agreement is hereby amended as follows:

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Amendment and Waiver The provisions of this Agreement may be amended or waived only with the prior written consent of the Company and Executive, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement.

  • Refinancing Preparation Advance; Capitalizing Front-end Fee and Interest (a) If the Loan Agreement provides for the repayment out of the proceeds of the Loan of an advance made by the Bank or the Association (“Preparation Advance”), the Bank shall, on behalf of such Loan Party, withdraw from the Loan Account on or after the Effective Date the amount required to repay the withdrawn and outstanding balance of the advance as at the date of such withdrawal from the Loan Account and to pay all accrued and unpaid charges, if any, on the advance as at such date. The Bank shall pay the amount so withdrawn to itself or the Association, as the case may be, and shall cancel the remaining unwithdrawn amount of the advance.”

  • Conflict Between this Amendment and the Agreement This Amendment shall be deemed to revise the terms and provisions of the Agreement to the extent necessary to give effect to the terms and provisions of this Amendment. In the event of a conflict between the terms and provisions of this Amendment and the terms and provisions of the Agreement this Amendment shall govern, provided, however, that the fact that a term or provision appears in this Amendment but not in the Agreement, or in the Agreement but not in this Amendment, shall not be interpreted as, or deemed grounds for finding, a conflict for purposes of this Section 4.1.

  • Modifications and Updates to the Wire Center List and Subsequent Transition Periods 2.1.4.12.1 In the event BellSouth identifies additional wire centers that meet the criteria set forth in Section 2.1.4.5, but that were not included in the Initial Wire Center List, BellSouth shall include such additional wire centers in a carrier notification letter (CNL). Each such list of additional wire centers shall be considered a “Subsequent Wire Center List”.

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