LENDING AGREEMENT. Subject to the terms and conditions of this Agreement and the Loan Documents, and in reliance upon the representations and warranties contained herein and therein:
LENDING AGREEMENT. Subject to the terms, provisions, covenants and agreements set forth in this Agreement, Lender agrees to lend to Borrower, and the Borrower agrees to borrow from Lender, up to the principal sum of Three Million Seven Hundred Fifty Thousand and No/100 Dollars ($3,750,000.00), to be used by Borrower for the purposes of: (a) paying contractors, mechanics, materialmen, and suppliers pursuant to the terms of contracts for services in fact performed and materials purchased for and either incorporated into the development of the Mortgaged Property or suitably stored on the Mortgaged Property for later incorporation (such development work and the Mortgaged Property are hereinafter collectively referred to as the “Development”); (b) reimbursing Lender for reasonable expenses incurred by Lender pursuant to this Agreement; and (c) paying other reasonable costs that are incidental or related to the cost of completing or financing the Development to the extent included in the Development Budget (defined below).
LENDING AGREEMENT. Subject to the terms and conditions of this agreement, the Bank agrees to extend credit to the Borrower of up to the total amount of not to exceed $1,200,000.00.
LENDING AGREEMENT. By signing this Agreement, Trader authorizes MBC FINANCIAL SERVICES LTD and its affiliates to use all funds, securities, currencies and other property of Trader as specified in Paragraph 4 of the Trader Agreement.
LENDING AGREEMENT. Subject to the terms and conditions hereinafter set forth, Lender agrees to lend to Borrower, and Borrower agrees to borrow from Lender the sum of up to ONE MILLION DOLLARS ($1,000,000.00) (the “Loan Commitment”), to be used by Borrower solely for the purposes of (a) refinancing certain existing indebtedness owing by Borrower, (b) providing working capital purposes in connection with Borrower’s operation of its hospital, nursing home, clinic and medical office businesses on the Property (defined below), and (c) paying all fees and expenses required to be paid by Borrower hereunder.
LENDING AGREEMENT. Subject to the terms and conditions of this Agreement, the Lender confirms its agreement to lend to the Borrower and the Borrower agrees to borrow from the Lender the principal amount of $15,000,000.00. The Third Tranche Loan will be advanced directly to the LNG Subsidiary for the benefit of the Borrower to be used only for the Business. All advances to the Borrower and all payments and other deliveries to the Lender will be made in accordance with the instructions set forth on Schedule 2.
LENDING AGREEMENT. Subject to the terms and conditions hereinafter set forth, the Lenders, jointly and severally, agree to lend to PESI, and PESI agrees to borrow from the Lenders, a sum of THREE MILLION DOLLARS ($3,000,000.00) (the “Loan”), as evidenced by the Note (as defined below).
LENDING AGREEMENT. The iPad 2 pilot program is made possible with a grant from The Berkman Faculty Development Fund.
LENDING AGREEMENT. I will abide by Xxxxxx Xxxxxx Public Library’s Library of Things borrowing guidelines, as stated above.
LENDING AGREEMENT. Subject to the terms and conditions of this Agreement, the Bank agrees to lend to Borrowers and Borrowers agree to borrow from the Bank the principal amount of the Notes. Notwithstanding any other provision of the Loan Documents, the advances herein provided for will not be required to be made by the Bank if after making such advance, the Bank would, as determined in the sole discretion of the Bank, be in violation of any regulatory requirements imposed on banking corporations by any branch of government of the United States of America or any state thereof including, without limitation, restrictions on the scope of lending powers of state banks and limitations on total loans to any debtor imposed by the Comptroller of the Currency.
