The Loan and Its Purposes Sample Clauses

The Loan and Its Purposes. 2.1 Amount Subject to the terms of this Agreement, each of the Lenders agrees to make available to the Borrower its Commitment of a Loan in an aggregate amount not exceeding the Maximum Amount.
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The Loan and Its Purposes. 2.1 AMOUNT Subject to the terms of this Agreement, each of the Lenders agrees to make available to the Borrower its Commitment of a revolving credit in an aggregate amount not exceeding the Maximum Amount at any one time.
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The Loan and Its Purposes. 2.1 Amount Subject to the terms of this Agreement, each of the Lenders agrees to make available to the Borrower its Commitment of a Loan in an aggregate amount not exceeding the Maximum Amount, where “Maximum Amount”, at any relevant moment, shall be calculated by reference to the percentage of the issued share capital in the Target then held (or to be acquired with the proceeds of a Drawing hereunder) by Bidco, by reference to the table set out in Schedule 7.
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The Loan and Its Purposes 
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Related to The Loan and Its Purposes

  • Nature of Obligations of Lenders Regarding Extensions of Credit The obligations of the Lenders under this Agreement to make the Loans and issue or participate in Letters of Credit are several and are not joint or joint and several. The failure of any Lender to make available its Commitment Percentage of any Loan requested by the Borrower shall not relieve it or any other Lender of its obligation, if any, hereunder to make its Commitment Percentage of such Loan available on the borrowing date, but no Lender shall be responsible for the failure of any other Lender to make its Commitment Percentage of such Loan available on the borrowing date.

  • CONDITIONS TO LOANS AND LETTERS OF CREDIT The obligations of Lenders to make Loans and the issuance of Letters of Credit hereunder are subject to the satisfaction of the following conditions.

  • Investments, Acquisitions, Loans and Advances The Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly, make, retain or have outstanding any investments (whether through purchase of stock or obligations or otherwise) in, or loans or advances to (other than for travel advances and other similar cash advances made to employees in the ordinary course of business), any other Person, or acquire all or any substantial part of the assets or business of any other Person or division thereof; provided, however, that the foregoing shall not apply to nor operate to prevent:

  • Investments, Loans and Advances Purchase, hold or acquire any Equity Interests, evidences of indebtedness or other securities of, make or permit to exist any loans or advances to, or make or permit to exist any investment or any other interest in, any other person, except:

  • Investments, Loans, Advances and Acquisitions The Borrower will not, and will not permit any of its Subsidiaries to, purchase, hold or acquire (including pursuant to any merger with any Person that was not a wholly owned Subsidiary prior to such merger) any capital stock, evidences of indebtedness (subject to Section 6.09 below) or other securities (including any option, warrant or other right to acquire any of the foregoing) of, make or permit to exist any loans or advances to, or make or permit to exist any investment or any other interest in, any other Person, or purchase or otherwise acquire (in one transaction or a series of transactions) any assets of any other Person constituting a business unit, except:

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