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.)
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)
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