Examples of Loan Agreement in a sentence
All the provisions of this Project Agreement shall continue in full force and effect notwithstanding any cancellation or suspension under the Loan Agreement.
On 21 March 2013 (after trading hours), the Lender, an indirect wholly-owned subsidiary of the Company, and China AU as borrower entered into the Loan Agreement, pursuant to which, the Lender has conditionally agreed to grant an unsecured loan in the principal amount of HK$40,000,000 to China AU for a term of three (3) years from the date of drawdown.
The following is specified as an additional event for suspension of the right of the Recipient to make withdrawals from the Grant Account for the purposes of Section 8.01(k) of the Grant Regulations or cancellation of the Grant pursuant to Section 8.02 of the Grant Regulations: the Recipient shall have failed to perform any of its obligations under the Initial Loan Agreement.
Capitalized terms used and not defined herein shall have the same meaning as set forth in the Loan Agreement.
The occurrence of any Default, as defined in the Loan Agreement, shall constitute a “Default” hereunder.