Duration of the Loan Agreement Sample Clauses

Duration of the Loan Agreement. The Equipment will be loaned to THE BORROWER on or about ___(date)___ and returned to the College not later than ___(date)___. It is understood and agreed that THE BORROWER assumes all responsibility for all costs associated with shipping the Equipment to and from its campus. THE BORROWER agrees that the College may request the return of the Equipment at any time, for any reason or no reason, with seven days (one week) notice, and that THE BORROWER will return all of the Equipment promptly (within seven days, or one week). If the Equipment is not returned by the date stipulated above, or the Equipment is not returned promptly upon request, THE BORROWER agrees that they will reimburse the College for any expense that the College may incur in securing substitute equipment, whether by rental or purchase, and still be obligated to return the loaned Equipment. The College reserves the right to extend any loan period to THE BORROWER at its discretion. If THE BORROWER foresees that it will need an extension of the Equipment Loan, it must apply to the Chair of the Department of Computer Science for said extension in writing not less than thirty (30) days before the Agreement Termination Date.
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Duration of the Loan Agreement. The Equipment will be loaned to THE BORROWER on or about the requested date and returned to the GIMC not later than the above stated Equipment Return Date. It is understood and agreed that THE BORROWER assumes all responsibility for all costs associated with return shipment of the Equipment to the GIMC.
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Duration of the Loan Agreement. The agreement is a timed agreement which will remain in effect until the loan is repaid fully together with its accessories and all liabilities are fulfilled.
Sample 1
Duration of the Loan Agreement. This agreement is entered into for the duration of the loan period. In principle, the loan period coincides with the dates set out in this agreement, but is at any rate defined as: the period that commences upon the Loan being packed by the Lender or by the Borrower's shipping company at the Lender's premises and that expires upon the Loan being returned to the Lender and its condition has been checked. Each renewal of the loan period requires the Lender's prior approval and will be confirmed in by the Parties prior to the expiry of the loan period. The insurance will be extended by the Borrower in accordance with the renewal.
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Related to Duration of the Loan Agreement

  • of the Loan Agreement Section 14.1.1(c)(iii) of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Amendment of Loan Agreement The Loan Agreement is hereby modified and amended as follows:

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Duration of the Agreement This Agreement shall come into effect on the day and year stated in Box 4 and shall continue until the date stated in Box 17. Thereafter it shall continue until terminated by either party giving to the other notice in writing, in which event the Agreement shall terminate upon the expiration of a period of two months from the date upon which such notice was given.

  • Amendment to the Loan Agreement Section 3.1 of the Loan Agreement shall be amended and restated as follows:

  • Terms of the Loan The Loan will bear interest for the period and at the rate or rates set forth in the Note, and be payable in accordance with the terms of the Note. The outstanding principal balance, all accrued and unpaid interest and all other sums due and payable under the Note or other Loan Documents, if not sooner paid, shall be paid in full at Loan Maturity.

  • DURATION, TERMINATION AND AMENDMENT OF THIS AGREEMENT This Agreement shall become effective on the date first above written and shall govern the relations between the parties hereto thereafter, and shall remain in force until December 29, 2002 on which date it will terminate unless its continuance after December 29, 2002 is "specifically approved at least annually" (i) by the vote of a majority of the Trustees of the Trust who are not "interested persons" of the Trust or of the Adviser at a meeting specifically called for the purpose of voting on such approval, and (ii) by the Board of Trustees of the Trust, or by "vote of a majority of the outstanding voting securities" of the Fund. This Agreement may be terminated at any time without the payment of any penalty by the Trustees or by "vote of a majority of the outstanding voting securities" of the Fund, or by the Adviser, in each case on not more than sixty days' nor less than thirty days' written notice to the other party. This Agreement shall automatically terminate in the event of its "assignment". This Agreement may be amended only if such amendment is approved by "vote of a majority of the outstanding voting securities" of the Fund.

  • Modifications to Loan Agreement 1. The Loan Agreement shall be amended by deleting the following definition appearing in Section 13.1 thereof:

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