Loan Completion definition
Examples of Loan Completion in a sentence
Interest on the unpaid principal balance of the Convertible Loan and all accrued but unpaid interest thereon will accrue from the Loan Completion Date at a rate per annum equal to 9%.
The Company shall have delivered to the Lender a certificate of the Company’s Secretary, dated the Loan Completion Date, certifying to the fulfillment of the conditions specified in Sections 3.1.4 and 3.1.5.
The Customer’s acceptance shall be deemed a complete discharge of all ▇▇▇▇▇ INDUSTRIES’ obligations, and after such acceptance, the Customer shall have no right to revoke such acceptance for any reason.
The representations and warranties of the Company in Article IV hereof shall be (x) true and correct on and as of the date hereof and (y) true and correct on and as of the Loan Completion Date with the same force and effect as if they had been made on and as of the Loan Completion Date.
Any New Convertible Debenture issued in accordance with this Section 2.7.2 shall be dated as of the Loan Completion Date and all interest which shall have accrued since the Loan Completion Date on the principal amount of such New Convertible Debenture and remain unpaid as of the Optional Conversion Date shall remain payable in accordance with the terms of this Agreement.
The proceeds of the Convertible Loan shall be disbursed by wire transfer on the Loan Completion Date to the Company’s Bank Account.
The Lender shall have received an opinion (i) of ▇▇▇▇▇▇ & Samor, P.C., New York counsel to the Company, and (ii) of ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, English counsel to the Company, each opinion to be dated as of the Loan Completion Date and in form and substance satisfactory to the Lender.
Contractor does not get paid for project until Loan Completion Certificate is signed, and final verification call is complete by Customer.
B▇▇▇▇▇▇▇ ▇▇▇▇▇ to the Construction Lender (the “Construction Loan Completion Guaranty”); and (vii) an Environmental Indemnity Agreement from Bluerock REIT to the Construction Lender (the “Construction Loan Environmental Indemnity”).
Company where each gutter will rather have unreasonably small capital decide which did conduct certain business expense which it to engaged as maintain business office now conducted and is proposed to be conducted following a Loan Completion Date.