Common use of Granting of the loan Clause in Contracts

Granting of the loan. 8.1 The Lender grants the Borrower a subordinated loan according to this contract in the amount determined by the figure entered on the Platform. 8.2 The loan amount shall be transferred from the Escrow Account to the Borrower’s account within 21 days of the end of the Subscription Period. 8.3 Upon receipt of the agreed loan amount on the account of the Borrower, the Lender has no further payment obligations towards the Borrower. There is especially no duty for additional contributions.

Appears in 13 contracts

Samples: Subordinated Loan Agreement, Subordinated Loan Agreement, Subordinated Loan Agreement

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Granting of the loan. 8.1 The Lender grants the Borrower a subordinated loan according to this contract in the amount determined by the figure entered on the Platform.Platform.‌ 8.2 The loan amount shall be transferred from the Escrow Account to the Borrower’s account within 21 days of the end of the Subscription Period. 8.3 Upon receipt of the agreed loan amount on the account of the Borrower, the Lender has no further payment obligations towards the Borrower. There is especially no duty for additional contributions.contributions.‌

Appears in 8 contracts

Samples: Subordinated Loan Agreement, Subordinated Loan Agreement, Subordinated Loan Agreement

Granting of the loan. 8.1 5.1 The Lender grants the Borrower a subordinated loan according to this contract in the amount determined by the figure entered on the PlatformPlatform and by paying said amount to the Bank Account, and thereby finalizing the offer. 8.2 5.2 The loan amount shall be transferred from the Escrow Bank Account to the Borrower’s account within 21 days of the end of the Subscription Period. 8.3 5.3 Upon receipt of the agreed loan amount on the account of the Borrower, the Lender has no further payment obligations towards the Borrower. There is especially no duty for additional contributions.

Appears in 2 contracts

Samples: Subordinated Loan Agreement, Subordinated Loan Agreement

Granting of the loan. 8.1 The Lender grants the Borrower a subordinated loan according to this contract in the amount determined by the figure entered on the Platform.Platform.‌ 8.2 The loan amount shall be transferred from the Escrow Account to the Borrower’s account within 21 days of the end of the Subscription Period. 8.3 Upon receipt of the agreed loan amount on the account of the Borrower, the Lender has no further payment obligations towards the Borrower. There is especially no duty for additional contributions.

Appears in 1 contract

Samples: Subordinated Loan Agreement

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Granting of the loan. 8.1 The Lender grants the Borrower a subordinated loan according to this contract in the amount determined by the figure entered on the Platform. 8.2 Platform and by paying said amount to the Bank Account, and thereby finalizing the offer.‌ The loan amount shall be transferred from the Escrow Bank Account to the Borrower’s account within 21 days of the end of the Subscription Period. 8.3 . Upon receipt of the agreed loan amount on the account of the Borrower, the Lender has no further payment obligations towards the Borrower. There is especially no duty for additional contributions.contributions.‌

Appears in 1 contract

Samples: Subordinated Loan Agreement

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