Installment Amounts. The Lender shall fund to the Borrower the amounts reasonably requested by the Borrower from time to time for its operating and/or capital expense purposes (each an “Installment Amount” and, collectively, the “Installment Amounts”) and the Borrower shall update Schedule 1 accordingly; provided, however, that the aggregate sum of the Installment Amounts set forth on Schedule 1 shall not exceed the Maximum Principal Amount; and provided, further, that the Lender shall have the right (at its sole discretion), but not the obligation to fund any Installment Amounts to the Borrower, up to the Maximum Principal Amount.
Appears in 4 contracts
Samples: Bridge Loan Agreement (Alfi, Inc.), Bridge Loan Agreement (Alfi, Inc.), Bridge Loan Agreement (Alfi, Inc.)
