Aggregate Principal Loan Amount Sample Clauses

Aggregate Principal Loan Amount. The Initial Lender agrees to extend the Term Loan to Borrower in an aggregate principal amount of $5,000,000, in accordance with the terms of, and subject to the conditions set forth in this Agreement. The definitive principal amount of the Term Loan to be extended shall be provided in Schedule C, which shall be delivered by the Initial Lender to Borrower on or prior to the Closing Date, as a condition to closing under Section 1.9(b). The unpaid principal balance plus all accrued but unpaid interest on the Term Loan shall be due and payable on October 1, 2025 (the “Maturity Date”), or such earlier date on which such amount shall become due and payable on account of acceleration by the Lenders in accordance with the terms of this Agreement. The obligations of Borrower to the Lenders under the Term Loan shall be unsecured.
Sample 1Sample 2
AutoNDA by SimpleDocs
Aggregate Principal Loan Amount. The Initial Lender agrees to extend the Term Loan to Borrower in an aggregate principal amount of $10,000,000, in accordance with the terms of, and subject to the conditions set forth in this Agreement, as stated in Schedule C, attached hereto. The unpaid principal balance plus all accrued but unpaid interest on the Term Loan shall be due and payable on October 1, 2025 (the “Maturity Date”), or such earlier date on which such amount shall become due and payable on account of acceleration by the Lenders in accordance with the terms of this Agreement. The obligations of Borrower to the Lenders under the Term Loan shall be unsecured.
Sample 1

Related to Aggregate Principal Loan Amount

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Loan Amount 5. ACCOUNT NAME(S) .............................................................................................................................................................................. BANK NAME / BRANCH ...................................................................................................................................................................

  • Maximum Loan Amount No loan to a Participant under the Plan may exceed the lesser of:

  • Maximum Advance Amount The amount of an Advance requested by the Company shall not exceed the Maximum Advance Amount. In addition, in no event shall the number of shares issuable to the Investor pursuant to an Advance cause the aggregate number of shares of Common Stock beneficially owned by the Investor and its affiliates to exceed nine and 9/10 percent (9.9%) of the then outstanding Common Stock of the Company. For the purposes of this section beneficial ownership shall be calculated in accordance with Section 13(d) of the Exchange Act.

  • Aggregate Purchase Price The aggregate purchase price for the Notes (the “Aggregate Purchase Price”) shall equal the result of (x) divided by (y), where (x) equals the Aggregate Principal Amount and (y) equals 1.25. Each date upon which a Closing occurs is a “Closing Date”.

  • Commitment Amount With respect to any Portfolio Asset that is a Delayed-Draw Loan as of any date of determination, the maximum outstanding principal amount of such Portfolio Asset that a registered holder of the amount of such Portfolio Asset held by the Issuer would on such date be obligated to fund (including all amounts previously funded and outstanding, whether or not such amounts, if repaid, may be reborrowed).

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