Establishment of the Loan. The Lender agrees, on the terms and subject to the conditions set forth in this Agreement, to advance by way of loan to the Borrower the principal amount of US$390,000.
Establishment of the Loan. The Lender agrees, on the terms and conditions set forth in this Agreement, to lend to the Borrower the sum of One Hundred Thousand Dollars ($100,000).
Establishment of the Loan. (a) The Lender has loaned monies to the Borrower prior to the date of this Agreement and agrees, on the terms and conditions set forth in this Agreement, to continue to lend monies to the Borrower from time to time in one or more advances (“Advances”).
(b) The Loan shall be a revolving loan, against which Advances may be made to the Borrower, repaid by the Borrower, converted by the Lender and additional Advances made to the Borrower, subject to the limitations contained in this Agreement.
Establishment of the Loan. The Lender agrees to loan to the Borrower and the Borrower agrees to borrow from the Lender on the terms and conditions in this Agreement, the aggregate sum of US$51,000 (fifty one thousand United States Dollars).
Establishment of the Loan. The Lender agrees, on the terms and subject to conditions set forth in this Agreement, to lend to the Borrower on the Closing Date $600,000 as the Loan.
Establishment of the Loan. The Lender agrees, on the terms and conditions set forth in this Agreement, to advance by way of a loan to the Borrower the amount of $100,000 CDN (one hundred thousand Canadian dollars).
Establishment of the Loan. The Lender agrees, on the terms and conditions set forth in this Agreement, to lend to the Borrower CDN$187,500 with interest on the principal advanced from the date of disbursement, at the rate of 10% per annum, calculated in arrears.
Establishment of the Loan. On the terms and subject to the conditions set forth in this Agreement, the Lender shall lend to the Borrower up to the sum of U.S.$250,000, which may be advanced from time to time at the sole request of the Borrower. The Borrower and the Lender acknowledge that as at the date hereof, the sum of U.S.$183,660 of the Loan has been advanced.
Establishment of the Loan. The Lender agrees, on the terms and conditions set forth in this Agreement, to lend to the Borrower $500,000.
Establishment of the Loan. The Lender agrees, on the terms and conditions set forth in this Agreement, to lend to the Borrower the Principal as the "Loan."
