Loan Transaction. 1.1 LOAN BY INVESTOR. Subject to all of the terms and conditions set forth herein, Investor agrees to loan to the Company Three Hundred Seventy-Five Thousand Dollars ($375,000) (the "LOAN").
Loan Transaction. SSC would enter into a transaction ---------------- whereby SSC would loan to UPI an amount equal to $2,000,000, in accordance with the term sheet attached as Exhibit 7.4.3, which is incorporated herein ------------- by reference, and on such further terms and pursuant to such documentation as shall be reasonably acceptable to SSC and UPI.
Loan Transaction. Buyer shall have provided to Seller, and THC shall have executed and accepted the Loan Commitment Letter and all of the loan documents, mortgages and security instruments necessary to consummate the Loan Transaction (the "Loan Documents"). At Closing, Buyer (or its affiliates) and Seller, THC or their respective affiliates shall simultaneously proceed to the closing of the Loan Transaction or the terms contemplated by the Loan Documents and the Loan Commitment Letter.
Loan Transaction. Seller (or any affiliate of Seller) shall have executed all of the Loan Documents. At Closing, Buyer (or its affiliates) and Seller (or its affiliates) shall simultaneously proceed to the closing of the Loan Transaction on the terms contemplated by the Loan Documents; and
Loan Transaction. Simultaneously with the execution hereof, Centene ---------------- shall loan to Superior the Required Capital (the "Second Subordinated Loan"). The Second Subordinated Loan shall be evidenced by a subordinated promissory note (the "Second Subordinated Note"), in the form as attached hereto as Exhibit ------- A, which Superior shall execute and deliver to Centene simultaneously with the - execution hereof.
Loan Transaction. All of the conditions to the making of the $47,500,000 loan by Buyer to Seller, other than consummation of the Closing, shall have been satisfied and the closing thereof shall occur simultaneously with the Closing.
Loan Transaction. 1.1 LOAN BY INVESTOR. Subject to all of the terms and conditions set forth herein, Investor agrees to loan to the Company Seven Hundred Fifty Thousand Dollars ($750,000) (the "LOAN").
Loan Transaction. In connection with, and as a condition to, such transaction, the Cornerworld, Inc. and Dynasty shall enter into a Purchase Agreement, Promissory Note, and Security Agreement (collectively, the “Transaction Documents”), simultaneously with the execution of this Agreement and the Share Purchase Agreement and Promissory Note between Dynasty and Lxxxxx, pursuant to which Dynasty shall agree to loan Cornerworld, Inc. any excess funds received by Dynasty above the $254,000 of proceeds that it is entitled to receive to satisfy all remaining Company obligations with respect to the purchase price pursuant to the Share Exchange Agreement.
Loan Transaction. Concurrently with the execution of this Agreement, Xxxxx X. Xxxxx ("Xxxxx") has advanced to Seller $200,000, evidenced by that certain Note Secured By Stock Pledge Agreement dated of even date herewith in the original principal amount of $200,000 (the "Note"), and secured by a pledge of 400,000 of the Shares to Xxxxx pursuant to that certain Stock Pledge Agreement, dated of event date herewith, by and between Xxxxx and Seller (the "Stock Pledge Agreement"). Pursuant to the terms of the Note and Stock Pledge Agreement, upon consummation of the First Closing, the Note will be paid by Seller by delivery to Xxxxx of 125,000 of the Shares (the "Xxxxx Shares") in full satisfaction of all amounts due and owing thereunder (the "Conversion Transaction").
Loan Transaction. As of the close of business on each Business Day, we will determine the Target Balance Deficit, if any. If we determine that there is a Target Balance Deficit, we will charge the Credit in an amount equal to the lesser of (i) the amount by which such Available Funds are less than the Target Balance or
