Amount and Purpose of Loan Sample Clauses

Amount and Purpose of Loan. 2.1 The Lender hereby agrees to lend to the Borrower a loan in a maximum aggregate amount of Seven Hundred and Fifty Thousand Dollars ($750,000.00) in lawful money of the United States of America (the “Loan”). 2.2 The Lender shall make the Loan available to the Borrower on the Effective Date of April 15, 2024. The Borrower may draw the Loan in one or more drawdowns upon prior written notice to the Lender. The Lender agrees in advance to fund the Contributions directly into the Borrower’s trust account (the “Trust Account”) that was established in connection with Xxxxxxxx’s initial public offering. The Lender’s obligation to fund Contributions into the Trust Account shall terminate upon the earlier of (i) June 17, 2024 (the “Extended Date”), (ii) the closing of an initial business combination and (iii) such date as the Lender determines that no initial business combination will be entered into prior to the Extended Date. Funds for Working Capital may be placed into a bank account for the Borrower. 2.3 Subject to the terms of this Agreement, the Lender will be obliged to fund the Loan in any amount which is required by the Borrower to fund the Working Capital and Contributions and the Lender shall not be entitled to: (i) cancel any commitments under this Agreement to the extent to do so would prevent or limit the funding of the Working Capital and Contributions; (ii) rescind, terminate or cancel this Agreement or the Loan or exercise any similar right or remedy or make or enforce any claim under this Agreement it may have to the extent to do so would prevent or limit the funding of the Working Capital and Contributions; (iii) refuse to participate in any advance requested by the Borrower in accordance with this Agreement to fund the Working Capital and Contributions; (iv) exercise any right of set-off or counterclaim in respect of the Loan to the extent to do so would prevent or limit the funding of the Working Capital and Contributions; or (v) cancel, accelerate or cause repayment or prepayment of any amounts owing under this Agreement to the extent to do so would prevent or limit the funding of the Working Capital and Contributions, provided that immediately upon completion of the Transaction all such rights, remedies and entitlements shall be available to the Lender. 2.4 The Borrower shall use the Loan to fund the Working Capital and Contributions.

Amount and Purpose of Loan. In reliance upon the representations and warranties contained herein and subject to the terms and conditions of this Agreement, the Lender will lend to the Borrower the principal sum of $500,000 (the “Principal”). The entire amount of the Principal is to be used to finance current purchase orders and general working capital for the Borrower.

Amount and Purpose of Loan. Subject to the terms and conditions hereof, the Lender will lend to the Borrower the principal amount of up to $500,000 (United States funds) for use by or on behalf of the Borrower for general working capital purposes approved by the Lender.

Amount and Purpose of Loan. The Fund agrees to lend the Borrower an amount not exceeding TWENTY THREE BILLION SIX HUNDRED EIGHTY SIX MILLION Japanese Yen (Yen23,686,000,000) as principal for the implementation of the Parana State Environmental Improvement Project described in Schedule I attached hereto (hereinafter referred to as "the Project"), on the terms and conditions set forth in the Loan Agreement and in accordance with the relevant laws and regulations of Japan (hereinafter referred to as "the Loan"), provided, however, that when the cumulative total of disbursements under the Loan Agreement reaches the said limit, the Fund shall make no further disbursements.

Amount and Purpose of Loan a. At no time may the total of all Leasehold Mortgages on the Premises in the form of construction or permanent term loans held by Mortgagees which are commercial lenders, as of the date that the latest Leasehold Mortgage is granted, exceed eighty percent (80%) of the total value of the Premises as estimated by the appraiser for the latest Leasehold Mortgagee at or about such time, except that when combined with financing from non- conventional sources such as non-secured or secured private or institutional “bridge loans,” program related investment loans from foundations and community loan funds, and equipment/vehicle leases, the total financing may equal a maximum of ninety percent (90%) of the total value of the Premises as estimated by the appraiser. The appraiser shall be a current member in good standing of either the American Society of Appraisers (“ASA”) or the Appraisal Institute (“MAI”), and shall also be a member of either the Counselors of Real Estate (“CRE”) or the International Society of Hospitality Consultants (“ISHC”), or their successor organizations. Promptly upon demand, Tenant shall cause a complete copy of such appraisal, together with all supporting documentation, to Landlord for determination of compliance with the terms and conditions of this Lease. Tenant shall bear all costs of any such appraisal. b. No Leasehold Mortgage will be approved by Landlord or will be entered into by Tenant that has a maturity date beyond the Term. c. From the Commencement Date until issuance of a Certificate of Occupancy or Temporary Certificate of Occupancy for the Initial Improvements, a Leasehold Mortgage shall be made only for the purposes of: (i) short-term, interim or construction financing incurred to finance Rehabilitation, demolition and Development Cost (as such term is defined in the Lease Disposition and Development Agreement) relating to the Premises and Fixtures, or to acquire and install the Personal Property and supplies; (ii) interim, long-term or take-out financing of the completed development referred to in Section 28.4(c)(i) above; or‌‌‌‌ (iii) long-term or permanent financing of the take-out loans referred to in Section 28.4(c)(ii) above. d. From the date of issuance of a Certificate of Occupancy a Leasehold Mortgage can be made for any purpose consistent with this Lease.

Amount and Purpose of Loan. (1) AKA hereby grants to the Borrower a Loan up to the maximum amount of The loan consists of the following portions: a. loan portion A (“Loan Portion A”) of up to USD 4,028,025.05 (in words: USD four million twenty eight thousand twenty five 05/100) for the exclusive financing of the last 85% of the Total Contract Value, b. loan portion B (“Loan Portion B”) of up to USD 101,000.00 (in words: USD one hundred one thousand) for the exclusive financing of 100% of the estimated HERMES-Premia. (2) The Borrower represents and warrants that with respect to the Loan it acts on its own account exclusively.

Amount and Purpose of Loan. (1) AKA hereby grants to the Borrower a Loan up to the maximum amount of US$ 10,070,099.40 (in words: United States-Dollar ten million seventy thousand ninety-nine 40/100) The Loan consists of the following portions: a. loan portion A (“Loan Portion A”) of up to USD 9,790,099.40 (in words: USD nine million seven hundred ninety thousand ninety-nine 40/100) for the exclusive financing of the last 85% of the Total Contract Value, b. loan portion B (“Loan Portion B”) of up to USD 280,000.00 (in words: USD two hundred eighty thousand) for the exclusive financing of 100% of the estimated HERMES-Premia. (2) The Borrower represents and warrants that with respect to the Loan it acts on its own account exclusively.

Amount and Purpose of Loan. Lender agrees that it will provide to the Company, in accordance with the terms set out herein below, a loan in the aggregate principal amount of US$ 450,000 (the "Loan"). Proceeds of the Loan shall be solely used to develop and improve the Company's business and marketing of the Company. The Loan shall be drawn down in installments of not less than US$ 10,000 and not exceeding the amount of US$ 100,000, within ten (10) Business Days from a receipt of a written request from the Company.

Amount and Purpose of Loan. The Bank agrees to grant the Borrower a loan facility (the "Loan") of a maximum amount of USD 200,000,000 (TWO HUNDRED MILLION US DOLLARS) or its equivalent in FRF, DEM or GBP. The Loan is entered into in order to reinforce the Borrower's financial resources. Subject to the prior written agreement of RHONE-POULENC RORER INC, the following companies, bxxxx xxxxxxxxrxxx xwned as to more than 50% by RHONE-POULENC RORER INC: - RHONE-POULENC RORER S.X. - XXXXX-XOXXXXX RORER LTD - XXXXX-XXXLXXX XXXXX GmbH xxx xxxx xxaxxxxx under txx Xxxx xxxxxcx xx the guarantee by RHONE-POULENC RORER INC in the form attached as schxxxxx X xxxxxo. Xxbject to the prior written agreement of RHONE-POULENC RORER INC, RHONE-POULENC S.A. may makx xxxxxxxx xxdxx xxe Loan. XXXXX-XXXXENC S.A., RHONE-POULENC RORER S.A., RHONE-XXXXXXX XXXXR LTD axx XXXXX-XXXXEXX XXXXX XmbX xxxxx, xxxxr xx xhe first xxxxxxx xxxx txxx xay make, enter into an undertaking directly with the Bank on the terms of schedule II to this loan agreement. The terms and conditions agreed with RHONE-POULENC RORER INC shall apply to these companxxx. XXXXX-XOXXXXX RORER INC, RHONE-POULENC RORER S.A., XXXXX-XXXXXXX XXXXX LTD, XXXXX-XXXXXXX XXXXX XxxX axx XXXXX-XXXXEXX X.A. shaxx xxxxxxxxx bx xxxerred to ax xxx "Xxxxxxing Companies".

Amount and Purpose of Loan. 28.4.1. Except for Leasehold Mortgages permitted without Lessor’s permission pursuant to Section 28.6, at no time may the total of all Leasehold Mortgages on the Premises, as of the date that the latest Leasehold Mortgage is granted, exceed eighty percent (80%) of the total value of the Premises as estimated by the appraiser for the latest Leasehold Mortgagee at or about such time. The appraiser shall be a current member in good standing of either the American Society of Appraisers (“ASA”) or the Appraisal Institute (“MAI”), and shall also be a member of either the Counselors of Real Estate (“CRE”) or the International Society of Hospitality Consultants (“ISHC”), or their successor organizations. Promptly upon demand, Lessee shall cause a complete copy of such appraisal, together with all supporting documentation, to Lessor for determination of compliance with the terms and conditions of this Lease. Lessee shall bear all costs of any such appraisal. 28.4.2. No Leasehold Mortgage will be approved by Lessor or will be entered into by Lessee that has a maturity date beyond the Term. 28.4.3. From the date which is the termination of the Due Diligence Period until issuance of a Certificate of Occupancy or Conditional Certificate of Occupancy, a Leasehold Mortgage shall be made only for the purposes of: (a) short-term, interim or construction financing incurred to finance demolition and construction costs relating to the Premises and Fixtures, or to acquire and install the Personal Property and supplies; (b) interim, long-term or take-out financing of the completed development referred to in Section 28.4.3(a) above; or (c) long-term or permanent financing of the take-out loans referred to in Section 28.4.3(b) above. 28.4.4. From the date of issuance of a Certificate of Occupancy a Leasehold Mortgage can be made for any purpose.