Further Loans Sample Clauses

Further Loans. To terminate its commitment to make Advances;

Further Loans. To terminate Bank’s commitment to make Advances.

Further Loans. To terminate its 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). 5.2.2. In the case of: 5.2.2.1. a Further Loan Application Form concluded In Writing by the Borrower, the Borrower’s signature of any Further Loan Application Form and accompanying Part D will constitute an offer by the Borrower to the Lender, which the Lender may accept or decline at the Lender’s sole discretion; and 5.2.2.2. a Further Loan Application Form concluded Remotely by the Borrower, Submission of the Further Loan Application Form and accompanying Part D will constitute an offer by the Borrower to the Lender, which the Lender may accept or decline at the Lender’s sole discretion; and 5.2.3. Once the Lender has approved the Borrower’s application for a Further Loan by countersigning the documents referred to at clauses 5.2.2.1 or 5.2.2.2 as the case may be and making payment of the capital to the Borrower on the disbursement date, by way of cash or electronic fund transfer or cheque into the Borrower’s bank account or mobile wallet, as indicated in the Further Loan Application Form, the Borrower’s offer as set out in the Further Loan Application Form and accompanying Part D (read together with this Part B and Part C) is accepted as a loan agreement on such terms and conditions, and comes into force between the Borrower and the Lender.

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) 2.1.2 The parties intend that upon the drawdown of all sums under the New Loan Agreement that they will consider raising project finance or similar debt to refinance the loans of ZNG and provide further financing for ZNG from an investment grade institution (such as BNP Paribas) subject to the same being available on commercial terms.

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.

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.

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.