Further Loans Sample Clauses

Further Loans. To terminate its commitment to make Advances;
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Further Loans. To terminate Bank’s commitment to make Advances.
Further Loans. 5.2.1. The Borrower applies for any Further Loan by completing a Further Loan Application Form and a new Part D (which will be read together with this Part B and Part C).
Further Loans. 2.1.1 The parties agree that, subject always to BP (or all or any of its holding or subsidiary companies, including CF) being able to raise suitable finance on terms acceptable to BP at its discretion on the international capital markets and further subject to clause 3 hereof, it is intended that CF and ZNG will enter into a further loan agreement (" NEW LOAN AGREEMENT") on terms acceptable to CF (but intended by the parties hereto to be on substantially the same terms as the Loan Agreement including but not limited to interest amounts and due dates) under the terms of which CF will provide additional loans to ZNG in the currently envisaged sum of approximately US$12,000,000 (TWELVE MILLION DOLLARS) to allow the carrying out of seismic and drilling on a precise drawdown under budget and work programme terms to be agreed between CF and the board of ZL ( acting on behalf of ZNG)
Further Loans. This Agreement secures Loans and financial accommodation already made under the Loan Documents and further Loans and financial accommodation to be made under the Loan Documents.
Further Loans. The Trustees covenant with the Lender to repay to the Lender all such future loans as may be made by the Lender to the Trustees for the purposes of the Trust on the same terms and conditions mutatis mutandis as are herein contained and as if such future loan were "the Loan" as herein defined subject to any such future loan being evidenced by way of written memorandum in the form set out in Schedule II hereof executed by the Trustees.
Further Loans. Subject to the terms of each Authorised Credit Facility, where an Authorised Credit Provider is under an obligation to make further advances to a Borrower and/or a WCF Borrower (as defined in the Initial Credit Facilities Agreement), such obligation will be deemed to be incorporated in this Security Agreement as if set out in this Security Agreement. Each Obligor consents to an application being made to the Land Registry to enter any such obligation to make further advances on the Charges Register of any registered land forming part of the Mortgaged Property.
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Further Loans. If the IBLA Creditor issues any Further Debt on the Advance Date relating to such issue or funding, the IBLA Creditor shall advance to the Borrower a Loan in a principal amount equal to the initial aggregate principal amount outstanding of such Further Debt, provided that the Borrower has requested such Loan to be advanced to it in accordance with Clause 4.2.1 (Further Conditions Precedent). If more than one issuance of Further Debt occurs on the same day, the IBLA Creditor shall advance a separate Loan in respect of each such issuance.

Related to Further Loans

  • Other Loans In the event the Partnership is in need of additional funds other than an FF&E Loan or a Capital Improvement Loan, the Company may, but shall not be obligated to, make loans to the Partnership in such amounts as are necessary. Any such loan shall bear interest at a rate, and shall have repayment terms, as the General Partner shall reasonably determine.

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

  • Repayment of Term Loans and Revolving Facility Loans (a) Subject to the other clauses of this Section 2.10 and to Section 9.08(e),

  • Making Loans (a) The Borrower hereby requests an initial Loan in the principal amount of [REDACTED] to be made on the Closing Date (the “Initial Loan”) as contemplated in Section 5.03, the proceeds of which shall be retained by the Lenders as contemplated in such Section 5.03. Each other Loan hereunder shall be made on at least five (5) days’ prior written request from the Borrower to the Administrative Agent and each Group Agent in the form of a Loan Request attached hereto as Exhibit A. Each such request for a Loan shall be made no later than 11:00 a.m. (New York City time) on a Business Day (it being understood that any such request made after such time shall be deemed to have been made on the following Business Day) and shall specify (i) the amount of the Loan(s) requested (which shall not be less than [REDACTED] and shall be an integral multiple of [REDACTED]), (ii) the portion (if any) of such Loan(s) requested that constitute Enhanced Loan(s), (iii) the account to which the proceeds of such Loans shall be distributed, (iv) the date such requested Loan is to be made (which shall be a Business Day and a Settlement Date) (a “Borrowing Date”), (v) a detailed list of the Receivables, if any, proposed to be sold to the Borrower on such proposed Borrowing Date, including in respect of each Receivable the name and Billing Address of the related Obligor (or the identification number or code of such Obligor, provided that it includes the State (or commonwealth) in the United States in respect of such Billing Address), the account number or Contract identification number, the Remaining Term, the ADT Credit Score, the Product Type, whether a credit check was completed, the Unpaid Balance, the Financed Unpaid Balance, the aggregate Unpaid Balance of all such Receivables, and such additional detail that the Administrative Agent may from time to time reasonably request, of each Receivable in each case as of the immediately preceding Cut-off Date, and (vi) an Information Package in respect of the Settlement Period immediately preceding such proposed Borrowing Date specified in such Loan Request and as of the most recent Cut-off Date and which shall also contain the pro forma information regarding any such proposed Loans required by Section 3.01(c).

  • Revolving Loans and Borrowings (a) Each Loan shall be made as part of a Borrowing consisting of Revolving Loans made by the Lenders in accordance with their respective Applicable Percentages. The failure of any Lender to make any Revolving Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Revolving Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Revolving Loans as required.

  • Repayment of the Loans The Companies (a) may prepay the Obligations from time to time in accordance with the terms and provisions of the Notes (and Section 17 hereof if such prepayment is due to a termination of this Agreement); (b) shall repay on the expiration of the Term (i) the then aggregate outstanding principal balance of the Loans together with accrued and unpaid interest, fees and charges and; (ii) all other amounts owed Laurus under this Agreement and the Ancillary Agreements; and (c) subject to Section 2(a)(ii), shall repay on any day on which the then aggregate outstanding principal balance of the Loans are in excess of the Formula Amount at such time, Loans in an amount equal to such excess. Any payments of principal, interest, fees or any other amounts payable hereunder or under any Ancillary Agreement shall be made prior to 12:00 noon (New York time) on the due date thereof in immediately available funds.

  • The Commitments and Borrowings 21 2.01 Loans..........................................................................................21 2.02 Borrowings, Conversions and Continuations of Loans.............................................22 2.

  • Repayment of Revolving Loans The Revolving Loans and all other Liabilities (other than the Term Loan) shall be repaid on the last day of the Original Term or any Renewal Term if this Agreement is renewed pursuant to Section 10 hereof.

  • Loans and Borrowings (a) Each Loan shall be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

  • Borrowings The obligation of any Bank to make a Loan on the occasion of any Borrowing is subject to the satisfaction of the following conditions:

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