AGREEMENT SUBJECT AND SCOPE. 2.1. Hereunder the Lender shall open a Credit Facility to the Borrower in the amount and on the terms and conditions specified herein, and the Borrower shall return the Credit obtained under the Credit Facility, pay interest and perform other obligations provided for herein. 2.2. This Agreement regulates relations for provision by the Lender to the Borrower of the Credit and repayment (return) of Credit by the Borrower under terms and conditions set forth herein. 2.3. This Agreement sets the settlement procedure in relation to the Credit provision and repayment. 2.4. This Agreement describes relations of the Parties for Bank control over the Credit granted in accordance herewith.
Appears in 5 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement (Mechel OAO), Credit Facility Agreement (Mechel OAO)
