Common use of Establishment of the Loan Clause in Contracts

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.

Appears in 2 contracts

Samples: Joint Venture Agreement (Patriot Power Corp.), Loan Agreement (Patriot Power Corp.)

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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 Loan to the Borrower the principal amount of US$390,000180,000.

Appears in 2 contracts

Samples: Loan Agreement (Patriot Power Corp.), Loan Agreement (Patriot Power Corp.)

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