Examples of Existing Loan in a sentence
This Agreement and the other Loan Documents constitute the entire agreement of the parties with respect to the Loan and supersede all prior agreements and understandings; it being expressly understood and agreed that this Agreement is a complete amendment and restatement of the Existing Loan Agreement, the terms and conditions of which have been superseded and replaced in their entirety by the terms and conditions of this Agreement.
If an existing loan is not to be released at Closing, Seller must deliver copies of the loan 191 documents (including note, deed of trust and any modifications) to Buyer by Existing Loan Deadline.
The parties hereto agree that this Agreement is given as a continuation, modification and extension of the Existing Loan Agreement and shall not constitute a novation of the Existing Loan Agreement.
However, the following indicative terms are currently anticipated: Currency: EUR; Amount: an increase of up to EUR 14million, resulting in a total cumulative loan amount (including the Existing Loan )of up to EUR 38.2 million; Maturity: up to 15 years; Commitment Period: 3 years from the date of signing of the Loan Increase Agreement to be entered into between the City and the Bank.
Buyer has the Right to 193 Terminate under § 25.1, on or before Existing Loan Termination Deadline, based on any unsatisfactory provision of such loan 194 documents, in Xxxxx’s sole subjective discretion.