New Loan. (a) The Credit Enhancement Provider hereby makes the New Loan to the Trust, for the benefit of the Investor Certificateholders of the Series, on the date of this Agreement in an amount equal to $21,052,640, receipt of which is hereby acknowledged by the Trustee.
New Loan. Buyer may apply for mortgage loan financing (the “Loan”) on terms acceptable to Buyer: If an FHA/VA loan applies, see attached FHA/VA Loan Addendum. $ (d) Seller Financing (see attached Seller Financing Addendum) $ (e) Balance of Purchase Price in Cash at Settlement $ PURCHASE PRICE. Total of lines (a) through (e)
New Loan. 5. The Borrower has requested that the Lender make a short-term loan in the original principal amount of $450,000.00 (the “New Loan”) to fund ongoing business operations. Upon the satisfaction of all of the conditions precedent set forth in Paragraph 4 of this Agreement, as determined by the Lender in the Lender’s sole and exclusive discretion, and subject to the terms and conditions of the New Debenture and the Related Documents, the New Loan shall (a) be made by the Lender in accordance with the terms and conditions of the New Debenture and the other Financing Documents, (b) constitute a portion of the Obligations, and (c) be secured by all of the collateral granted to the Lender by the Obligors. The Borrower hereby acknowledges and agrees that (x) the New Loan is a single, one time loan, (y) by making the New Loan the Lender is not agreeing to make any further loans in the future, and (z) will be repaid in full on or before July 29, 2012.
New Loan. Buyer agrees to apply for a new loan as ------------------------ provided in Section 2~3. Buyer will apply for one or more of the following loans: [ ] CONVENTIONAL [ ] FHA [ ] VA [ ] OTHER (specify) ____________________________ If an FHAWA loan applies, see attached FHANA Loan Addendum If the loan is to include any particular terms, then check below and give details: [ ] SPECIFIC LOAN TERMS ________________________
New Loan. Buyer shall be responsible for all costs with respect to any new loan obtained by Xxxxx. Seller shall have no obligation to pay any charge in connection therewith unless specifically set forth in this contract.
New Loan. (i) The Borrower requests a [Tranche A Loan] [Tranche B Loan] [Tranche C Loan] in the amount of $________ on _______________, ____.
New Loan. Buyer agrees to apply for a new loan as ------------------------ provided in Section 2~3. Buyer will apply for one or more of the following loans: [ ] CONVENTIONAL [ ] FHA [ I VA [ I OTHER (specify) _______________________________________ If an FHAWA loan applies, see attached FHANA Loan Addendum If the loan is to include any particular terms, then check below and give details: [ ] SPECIFIC LOAN TERMS ________________ $ 60,000 (c) Loan Assumption (see attached Assumption Addendum ------------------------ if applicable) $ 0 (d) Seller Financing (see attached Seller Financing ------------------------ Addendum if applicable) $ 1,940,000 (e) Other (specify) Refer to Addendum #1 ------------------------ ---------------------------- $ 0 (f) Balance of Purchase Price in Cash at Settlement ------------------------ $ 2,000,000 PURCHASE PRICE. Total of lines (a) through (f) ------------------------
New Loan. This agreement is contingent upon buyer's ability to obtain a new loan in the amount of $ . Buyer is not required to accept any loan w ith interest rate exceeding % amortized over years or pay any closing costs or points exceeding $ . Buyer shall provide seller w ith w xxxxxx proof of a loan commitment on or before , 20 .
New Loan. This agreement is contingent upon buyer's ability to obtain a new loan in the amount of $________________. Buyer is not required to accept any loan with interest rate exceeding ___________% amortized over __________years or pay any closing costs or points exceeding $____________. Buyer shall provide seller with written proof of a loan commitment on or before_______________, 20_____.
New Loan. Buyer shall obtain a new loan set forth in this Section and as follows: (27) 71 G Conventional G Other 72 This loan will be secured by a (28) (1st, 2nd, etc.) deed of trust. 73 The total loan amount, not in excess of $(29) , shall be amortized over a period of _(30) G years 74 G months, payable at approximately $_(31) per (32) including principal and interest not to exceed (33) % 75 per annum, plus, if required by Xxxxx’s lender, a deposit of (34) of the estimated annual real estate taxes and property 76 insurance premium. If the loan is an adjustable interest rate or graduated payment loan, the payments and interest rate initially shall not 77 exceed the figures set forth above. 78 Loan discount points, if any, shall be paid to lender at Closing and shall not exceed (35) % of the total loan amount. 79 Notwithstanding the loan’s interest rate, the first (36) loan discount points shall be paid by (37) , and the balance, if any, shall be paid 80 by (38) . 81 Buyer shall timely pay Xxxxx’s loan costs and a loan origination fee not to exceed (39) % of the loan amount.
