Amount and Terms of the Loan. Subject to the terms of this Agreement:
Amount and Terms of the Loan. The Loan. Subject to the terms of this Agreement, each Purchaser agrees to lend to the Company at the Closing (as hereinafter defined) the amount set forth opposite such Purchaser’s name on the Schedule of Purchasers attached to this Agreement (each, a “Loan Amount”) against the issuance and delivery by the Company of a convertible promissory note for such amount, in substantially the form attached hereto as Exhibit A (each, a “Note” and collectively, the “Notes”).
Amount and Terms of the Loan. SECTION 2.1. The Loan. The Lender has, on the terms and conditions hereinafter set forth, made a loan (the "Loan") to the Borrower on the date hereof in the amount set forth above, in connection with Borrower's purchase of the Option Shares.
Amount and Terms of the Loan. 11 SECTION 2.01 Line of Credit Facility; Request for Acquisition Borrowings and Working Capital Borrowings; Disbursement of Funds.................................................11 SECTION 2.02 Note; Maturity....................................................................12 SECTION 2.03
Amount and Terms of the Loan. SECTION 2.01 LINE OF CREDIT LOAN FACILITY; REQUEST FOR ACQUISITION BORROWINGS AND WORKING CAPITAL BORROWINGS; DISBURSEMENT OF FUNDS.
Amount and Terms of the Loan. 1.1 The Loan(s). Subject to the terms of this Agreement, each Purchaser agrees to lend to the Company at the Closing (as hereinafter defined) the amount set forth opposite each such Purchaser’s name on the Schedule of Purchasers attached hereto up to an aggregate amount of $1,250,000 (each, a “Loan Amount” and collectively the “Total Loan Amount” or “Loan”) against the issuance and delivery by the Company of a subordinated promissory note or notes for such amount(s), in substantially the form attached hereto as EXHIBIT A (each, a “Note” and collectively, the “Notes”). Capitalized terms not otherwise defined in this Agreement shall have the meaning ascribed to such terms in the Note.
Amount and Terms of the Loan. Section 2.01 The Loan.
Amount and Terms of the Loan. (a) The Borrower agrees to borrow from the Lender and the Lender agrees to lend and advance to the Borrower a rupee term loan of ₹150,00,00,000/- (Rupees one hundred fifty crore only) for the Purpose on the terms and conditions contained herein forming part of the Total Loan (hereinafter referred to as the “Loan”).
Amount and Terms of the Loan. Party A loaned RMB60,000,000 yuan (RMB Sixty Million Yuan) to Party B with a three year term.
Amount and Terms of the Loan. Section 2.1 Borrowing Base and the Loan. The Bank, on the terms and conditions hereinafter set forth, agrees to make a Loan to Borrower in an amount up to but no greater than the Borrowing Base. The aggregate outstanding indebtedness, including all presently existing loans of Borrower, shall never exceed the Borrowing Base, as the same may be redetermined from time to time, as provided in this Agreement. The Initial Borrowing Base is set forth on Annex A. The amount of the Borrowing Base will be redetemined by the Bank as of each Borrowing Base Redetermination Date, taking into account such matters as the Bank, in its sole discretion, deems relevant. The Borrowing Base shall be increased or decreased, as the case may be, immediately upon each Borrowing Base Redetermination Date. Effective as of the date of the Initial Borrowing Base Reduction, as set forth on Annex A, the Borrowing Base shall be reduced by the Monthly Borrowing Base Reduction which is set forth on Annex A, and each month subsequent to such date, the Borrowing Based shall be deemed reduced by a like amount. Upon any change in the Borrowing Base, the Bank shall redetermine, in its sole discretion, the amount by which the Borrowing Base will reduce effective the first day of each month thereafter. If the requisite engineering report for the Borrowing Base Redetermination is not submitted in a timely manner, as required in this Agreement, the line of credit offered herein shall be frozen. The schedule for all Loan advances is set forth on Annex A. The Loan Advances shall be evidenced by the Note, a copy of which is attached as Annex B. A duly authorized officer of Borrower shall request each Loan Advance by delivering to the Bank a certificate in the form of Annex D.
