Further Loans Sample Clauses

Further Loans. To terminate its commitment to make Advances;
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Further Loans. To terminate Bank’s commitment to make Advances.
Further Loans. 5.2.1. The Borrower applies for any Further Loan by completing a Further Loan Application Form and a new Part D (which will be read together with this Part B and Part C).
Further Loans. If the IBLA Creditor issues any Further Debt on the Advance Date relating to such issue or funding, the IBLA Creditor shall advance to the Borrower a Loan in a principal amount equal to the initial aggregate principal amount outstanding of such Further Debt, provided that the Borrower has requested such Loan to be advanced to it in accordance with Clause 4.2.1 (Further Conditions Precedent). If more than one issuance of Further Debt occurs on the same day, the IBLA Creditor shall advance a separate Loan in respect of each such issuance.
Further Loans. 2.1.1 The parties agree that, subject always to BP (or all or any of its holding or subsidiary companies, including CF) being able to raise suitable finance on terms acceptable to BP at its discretion on the international capital markets and further subject to clause 3 hereof, it is intended that CF and ZNG will enter into a further loan agreement (" NEW LOAN AGREEMENT") on terms acceptable to CF (but intended by the parties hereto to be on substantially the same terms as the Loan Agreement including but not limited to interest amounts and due dates) under the terms of which CF will provide additional loans to ZNG in the currently envisaged sum of approximately US$12,000,000 (TWELVE MILLION DOLLARS) to allow the carrying out of seismic and drilling on a precise drawdown under budget and work programme terms to be agreed between CF and the board of ZL ( acting on behalf of ZNG)
Further Loans. This Agreement secures Loans and financial accommodation already made under the Loan Documents and further Loans and financial accommodation to be made under the Loan Documents.
Further Loans. The Trustees covenant with the Lender to repay to the Lender all such future loans as may be made by the Lender to the Trustees for the purposes of the Trust on the same terms and conditions mutatis mutandis as are herein contained and as if such future loan were "the Loan" as herein defined subject to any such future loan being evidenced by way of written memorandum in the form set out in Schedule II hereof executed by the Trustees.
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Further Loans. Subject to the terms of each Authorised Credit Facility, where an Authorised Credit Provider is under an obligation to make further advances to a Borrower and/or a WCF Borrower (as defined in the Initial Credit Facilities Agreement), such obligation will be deemed to be incorporated in this Security Agreement as if set out in this Security Agreement. Each Obligor consents to an application being made to the Land Registry to enter any such obligation to make further advances on the Charges Register of any registered land forming part of the Mortgaged Property.

Related to Further Loans

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

  • Loans and Borrowings (a) Each Loan shall be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

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