Agreement to Lend. Subject to the terms and conditions of this Agreement, and in reliance on each of the representations and warranties made or to be made in or in accordance with each of the Security Documents: 2.1.1 each of the Lenders agrees to advance to the Borrower its Commitment of an aggregate principal amount not exceeding the Buyer Credit Maximum Amount to be used by the Borrower for the purposes referred to in Recital (B); and 2.1.2 each of the Lenders agrees to advance to the Borrower its Commitment of an aggregate principal amount not exceeding the Commercial Loan Maximum Amount to be used by the Borrower for the purposes referred to in Recital (C).
Appears in 4 contracts
Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.)
