Common use of Loan Advance Clause in Contracts

Loan Advance. Subject to and upon the fulfilment of the conditions precedent contained in paragraph 7 of this Agreement, as the case may be, the Lender will advance the principal amount of the Loan to the Borrower or as the Borrower may otherwise direct.

Appears in 2 contracts

Samples: Loan Agreement (Amarc Resources LTD), Loan Agreement (Rockwell Diamonds Inc.)

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Loan Advance. Subject to and upon the fulfilment of the conditions precedent contained in paragraph 7 8 of this Agreement, as the case may be, the Lender will advance the principal amount of the Loan to the Borrower or as the Borrower may otherwise direct.

Appears in 2 contracts

Samples: Loan Agreement (Tournigan Gold Corp), Loan Agreement (Tournigan Gold Corp)

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Loan Advance. Subject to and upon the fulfilment of the conditions precedent contained in paragraph 7 8 of this Agreement, as the case may be, the Lender will advance the principal amount of the Loan to the Borrower or as the Borrower may otherwise direct.

Appears in 2 contracts

Samples: Loan Agreement (Zi Corp), Loan Agreement (Zi Corp)

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