Common use of Conditions of Advance Clause in Contracts

Conditions of Advance. The Lender agrees to advance the Loan up to USD$200,000 upon the execution of this Agreement by the Lender, solely on the condition that the Loan is used by the Borrower towards working capital and investment opportunities.

Appears in 2 contracts

Samples: Loan Agreement (Brazil Potash Corp.), Loan Agreement (Brazil Potash Corp.)

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Conditions of Advance. The Lender agrees to advance the Loan up to USD$200,000 USD$149,000 upon the execution of this Agreement by the Lender, solely on the condition that the Loan is used by the Borrower towards working capital and investment opportunities.

Appears in 2 contracts

Samples: Loan Agreement (Brazil Potash Corp.), Loan Agreement (Brazil Potash Corp.)

Conditions of Advance. The Lender agrees to advance the Loan up to USD$200,000 in whole (being USD$ l6,667) upon the execution of this Agreement by the Lender, solely on the condition that the Loan is used by the Borrower towards working capital and investment opportunitiesneeds.

Appears in 1 contract

Samples: Loan Agreement (Flora Growth Corp.)

Conditions of Advance. The Lender agrees to advance the Loan up to USD$200,000 USD$135,000 upon the execution of this Agreement by the Lender, solely on the condition that the Loan is used by the Borrower towards working capital and investment opportunities.

Appears in 1 contract

Samples: Loan Agreement (Brazil Potash Corp.)

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Conditions of Advance. The Lender agrees to advance the Loan up to USD$200,000 USD$100,000 upon the execution of this Agreement by the Lender, solely on the condition that the Loan is used by the Borrower towards working capital and investment opportunities.

Appears in 1 contract

Samples: Loan Agreement (Brazil Potash Corp.)

Conditions of Advance. The Lender agrees to advance the Loan up to USD$200,000 USD$135,000 upon the execution of this Agreement by the Lender, solely on the condition that the Loan is used by the Borrower towards working capital and investment opportunities. 4.

Appears in 1 contract

Samples: Loan Agreement (Brazil Potash Corp.)

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