Loan of Proceeds. The Issuer agrees, upon the terms and conditions contained in this Agreement and the Indenture, to lend to the Company the proceeds received by the Issuer from the sale of the Bonds. Such proceeds shall be disbursed to or on behalf of the Company as provided in Section 3.03 hereof.
Loan of Proceeds. The Authority agrees, upon the terms and conditions contained in this Agreement and the Indenture, to lend to the Company the proceeds received by the Authority from the sale of the Bonds. Such proceeds shall be disbursed to or on behalf of the Company as provided in Sections 3.02 and 3.03 hereof.
Loan of Proceeds. The Issuer hereby loans the proceeds from the sale of the Bonds pursuant to this Loan Agreement to the Company, and the Company hereby borrows the same from the Issuer as evidenced by this Loan Agreement and the issuance and delivery of the Notes to the Issuer. The Company covenants to use such proceeds to pay the Costs of the Project.
Loan of Proceeds. The Issuer agrees, upon the terms and conditions contained in this Agreement and the Indenture, to lend to the Company the proceeds received by the Issuer from the sale of the Bonds. The loan shall be made by depositing the accrued interest, if any, from the initial sale of the Bonds into the Bond Fund and the remainder of said proceeds in the Initial Fund in accordance with Section 4.5 of the Indenture. Such proceeds shall be disbursed to or on behalf of the Company as provided in Section-3.2. The Company's obligation to repay the loan shall be evidenced by a Promissory Note, the form of which is attached hereto as Exhibit C, dated the Issue Date.
Loan of Proceeds. IV-1 Section 4.2. Amounts Payable................................ IV-1 Section 4.3.
Loan of Proceeds. 11 Section 5.2.
Loan of Proceeds. The Issuer agrees, upon the terms and conditions contained in this Agreement and the Indenture, to make a loan to the Company in the principal amount of FIVE MILLION DOLLARS ($5,000,000), equal to the proceeds received by the Issuer from the sale of the Series J Bonds. Such proceeds shall be disbursed to or on behalf of the Company as provided in Section 3.3 hereof.
Loan of Proceeds. The Issuer agrees, upon the terms and conditions contained in this Agreement and the Indenture, to make a loan to the Company in the principal amount of NINE MILLION DOLLARS ($9,000,000), equal to the proceeds received by the Issuer from the sale of the Series H Bonds. Such proceeds shall be disbursed to or on behalf of the Company as provided in Section 3.3 hereof.
Loan of Proceeds. The Authority hereby lends the proceeds from the sale of the Bonds pursuant to this Loan Agreement to the Borrower, and the Borrower hereby borrows the same from the Authority as evidenced by this Loan Agreement. The Borrower covenants to use such proceeds to pay Costs of the Project.
Loan of Proceeds. The Issuer agrees to issue the Series 2019 Bonds and to loan the proceeds thereof to the Company for the purpose of providing financing and refinancing to pay a portion of the Tax-Exempt Project Costs.
