Common use of Agreement to Lend Clause in Contracts

Agreement to Lend. On the basis of the covenants, agreements and ----------------- representations of Borrower contained in, and subject to the terms and conditions set forth in, this Agreement and the other Loan Documents, Lender agrees to lend to Borrower the principal sum of $3,760,000. Borrower shall use the Loan proceeds for the purpose for which they were advanced and for no other purpose.

Appears in 1 contract

Samples: Loan Agreement (Corinthian Colleges Inc)

AutoNDA by SimpleDocs

Agreement to Lend. On the basis of the covenants, agreements and ----------------- representations of Borrower contained in, and subject to the terms and conditions set forth in, this Agreement and the other Loan Documents, Lender agrees to lend to Borrower the principal sum of up to $3,760,0005,214,292. The entire proceeds of the Loan shall be disbursed by Lender at Closing. Borrower shall use the Loan proceeds for the purpose for which they were advanced and for no other purpose.

Appears in 1 contract

Samples: Loan Agreement (Servico Market Center Inc)

Agreement to Lend. On the basis of the covenants, agreements and ----------------- representations of Borrower contained in, and subject to the terms and conditions set forth in, this Agreement and the other Loan Documents, Lender agrees to lend to Borrower the principal sum of up to $3,760,00015,740,722. The entire proceeds of the Loan shall be disbursed by Lender at Closing. Borrower shall use the Loan proceeds for the purpose for which they were advanced and for no other purpose.

Appears in 1 contract

Samples: Loan Agreement (Servico Market Center Inc)

Agreement to Lend. On the basis of the covenants, agreements and ----------------- representations of Borrower contained in, and subject to the terms and conditions set forth in, this Agreement and the other Loan Documents, Lender agrees to lend to Borrower the principal sum of up to $3,760,00035,073,117. The entire proceeds of the Loan shall be disbursed by Lender at Closing. Borrower shall use the Loan proceeds for the purpose for which they were advanced and for no other purpose.

Appears in 1 contract

Samples: Loan Agreement (Servico Market Center Inc)

AutoNDA by SimpleDocs

Agreement to Lend. On the basis of the covenants, agreements and ----------------- representations of Borrower contained in, and subject to the terms and conditions set forth in, this Agreement and the other Loan Documents, Lender agrees to lend to Borrower the principal sum of up to $3,760,0003,322,817. The entire proceeds of the Loan shall be disbursed by Lender at Closing. Borrower shall use the Loan proceeds for the purpose for which they were advanced and for no other purpose.

Appears in 1 contract

Samples: Loan Agreement (Servico Market Center Inc)

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