Common use of Making of the Loan Clause in Contracts

Making of the Loan. In accordance with terms and provisions set forth herein the Lender shall make a loan to the Borrower in US Dollars in the maximum principal amount up to USD$ 100,000 (one hundred thousand) (hereinafter the “Loan”). The Borrower undertakes to accept the Loan and to repay to the Lender all received principal amount of the Loan and all accrued interest thereon within the period of time stipulated herein.

Appears in 2 contracts

Samples: Loan Agreement (Innovative Wireless Technologies, Inc.), Loan Agreement (Innovative Wireless Technologies, Inc.)

AutoNDA by SimpleDocs

Making of the Loan. In accordance with terms and provisions set forth herein the Lender shall make a loan to the Borrower in US Dollars in the maximum principal amount up to USD$ 100,000 111,970 (one hundred thousandOne Hundred and Eleven Thousand Nine Hundred and Seventy Dollars) (hereinafter the “Loan”). The Borrower undertakes to accept the Loan and to repay to the Lender all received principal amount of the Loan and all accrued interest thereon within the period of time stipulated herein.

Appears in 1 contract

Samples: Loan Agreement (Innovative Wireless Technologies, Inc.)

AutoNDA by SimpleDocs

Making of the Loan. In accordance with terms and provisions set forth herein the Lender shall make a loan to the Borrower in US Dollars in the maximum principal amount up to USD$ 100,000 400,000 (one four hundred thousand) (hereinafter the “Loan”). The Borrower undertakes to accept the Loan and to repay to the Lender all received principal amount of the Loan and all accrued interest thereon within the period of time stipulated herein.

Appears in 1 contract

Samples: Loan Agreement (Innovative Wireless Technologies, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.