Commitment to Provide Loans Clause Samples
Commitment to Provide Loans. The Lender agrees, on the terms and conditions set forth in this Agreement, including without limitation the provisions of Article III, to make Loans to the Debtor from time to time during the Credit Period in an aggregate principal amount not to exceed $400,000.00. The Debtor agrees to repay all of the Obligations owed to the Lender under the terms of this Section 2.1 and this Agreement. Subject to the terms and conditions of this Agreement, the Debtor may borrow under this paragraph, repay and re-borrow, provided that at no time shall the total aggregate Obligations of the Debtor to the Lender exceed the Commitment.
Commitment to Provide Loans. Subject to the terms and conditions set forth in this Agreement and in the Financing Orders, the Lender agrees to make Loans (each such Loan, a “Loan”) to the Debtors from time to time during the Credit Period in an aggregate principal amount not to exceed the lesser of $3,242,000.00 and the aggregate drawdown amounts set forth in the Budget through the most recent Budget Period (the “Commitment”). The Debtors, jointly and severally, agree to repay all of the Obligations owed to the Lender under the terms of this Section 2.1 and this Agreement.
Commitment to Provide Loans. Section 2.2.