International Loan definition
Examples of International Loan in a sentence
If there are any conflicts or inconsistencies between this Agreement and any of the other International Loan Documents, the provisions of this Agreement shall prevail and control.
Borrower promises to pay interest on the unpaid principal balance of this Note from the date of any Loan evidenced by this Note until the principal balance thereof is paid in full Interest shall accrue on the outstanding principal balance of this Note from and including the date of any Loan evidenced by this Note to but not including the Maturity Date at the rate or rates, and shall be due and payable on the dates, set forth in the International Loan Agreement.
It is contemplated that by reason of prepayments or repayments hereon prior to the Maturity Date, there may be times when no indebtedness is owing hereunder prior to such date, but notwithstanding such occurrences, this Note shall remain valid and shall be in full force and effect as to Loans made pursuant to the International Loan Agreement subsequent to each such occurrence.
Except as otherwise specifically provided for in the International Loan Agreement, Borrower and any and all endorsers, guarantors and sureties severally waive grace, demand, presentment for payment, notice of dishonor or default, protest, notice of protest, notice of intent to accelerate, notice of acceleration and diligence in collecting and bringing of suit against any party hereto, and agree to all renewals, extensions or partial payments hereon, with or without notice, before or after maturity.
The outstanding principal balance of this Note shall be due and payable as provided in the International Loan Agreement.
Payments of principal and interest, and all amounts due with respect to costs and expenses, shall be made in lawful money of the United States of America in immediately available funds, without deduction, set-off or counterclaim to Bank, or such other location as may be notified to Borrower by Bank, not later than 12:00 noon (Houston Time) on the dates on which such payments shall become due pursuant to the terms and provisions set forth in the International Loan Agreement.
None of the International Loan Parties shall have the right to assign any rights or obligations hereunder or any interest herein.
Except as otherwise provided by any International Loan Document or applicable law, no notice to or demand on the Borrower in any case shall entitle the Borrower to any other or further notice or demand in similar or other circumstances.
All material permits and Governmental Authorizations necessary in connection with the making and performance by the International Loan Parties of the International Loan Documents shall have been obtained.
Notwithstanding any provision to the contrary contained elsewhere in this Agreement or in any other International Loan Document, the Lead Arranger shall not have any duties or responsibilities, nor shall the Lead Arranger have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other International Loan Document or otherwise exist against the Lead Arranger.