LOAN AGREEMENT TERMS AND CONDITIONS. The Department agrees to provide DNS First Grade curriculum (including teacher and student guides) and training to Recipient and its participating teachers, and to loan Recipient DNS Teacher Kit(s), the quantity of which will be determined by the Department, consisting of equipment listed on Attachment A, for a three year period beginning with the last date of Department signatures and ending May 30 of the third year. In consideration of this loan, Xxxxxxxxx agrees to the following terms and conditions:
LOAN AGREEMENT TERMS AND CONDITIONS. 1.1 Borrower Deposit Agreement Borrower shall execute an agreement (the "Borrower Deposit Agreement") acceptable to OLD MAIN CAPITAL, LLC, with a Bank acceptable to OLD MAIN CAPITAL, LLC, to obtain electronic fund transfer services. Borrower, shall provide Old Main Capital, LLC and/or its authorized agent with all of the information, authorizations and password, necessary for verifying Borrower's receivables, receipts and deposits into the account. Borrower shall authorize OLD MAIN CAPITAL, LLC and/or it’s. Agent to deduct the amounts owed to OLD MAIN CAPITAL, LLC for the Repayment Amount from electronic check transactions and to pay, such amounts to OLD MAIN CAPITAL, LLC by permitting OLD MAIN CAPITAL, LLC to withdraw the Specific Daily Repayment Amounts by ACH debiting of the account. The authorization shall be irrevocable without the written consent of OLD MAIN CAPITAL, LLC.
