Loan Amount Sample Clauses
Loan Amount. The Bank agrees to provide a term loan to the Borrower in the amount of Six Million Dollars ($6,000,000) (the "Facility 3 Commitment").
Loan Amount. 2. ACCOUNT NAME(S) ............................................................................................................................................................................... BANK NAME / BRANCH ...................................................................................................................................................................
Loan Amount. Party A agrees, subject to the terms and conditions of this Agreement, to extend the Loan to Party B and Party C in a total amount of RMB 10,000,000, of which 80% shall be for the benefit of Party B and the remaining 20% shall be for the benefit of Party C. The Loan shall be interest-free.
Loan Amount. The total amount of money being borrowed from the Lender to the Borrower is $_____________________ (“Borrowed Money”).
Loan Amount. Subject to the terms and conditions of this Agreement, on the Amendment No. 2 Closing Date, the Confidential portions of this document have been redacted and filed separately with the Commission. Lender shall make loans in the aggregate to the Borrowers on a revolving basis (such loans being herein called individually a "Revolving Loan" and collectively the "Revolving Loans") from time to time in such amounts as the Borrowers may from time to time request up to the lesser of (A) the Maximum Credit Amount; or (B) the sum of (i) the Borrowing Base from time to time, plus (ii) the Overadvance from time to time (the lesser of (A) or (B) shall be referred to as the "Line of Credit"); provided, however, that (i) Eligible Inventory shall be valued at the lower of cost or market value using the first in, first out method of inventory accounting; and (ii) each borrowing by any Borrower hereunder with respect to any Revolving Loan shall be in the aggregate principal amount of at least (a) $1,000.00 if made directly to a vendor of Inventory subject to a Vendor Repurchase Agreement; and (b) $1,000.00 if made directly to Borrowers; and (iii) repayments from time to time of the Line of Credit shall be available to be reborrowed pursuant to the terms and conditions of this Agreement; and (iv) if the Revolving Loans outstanding at any time or from time to time exceeds the advance limitations described above, Borrowers shall pay in immediately available funds to the Lender such amount necessary to eliminate such excess contemporaneously with the delivery of any borrowing base certificate to Lender showing any such excess and/or demand by Lender at any other time any such excess occurs as determined by Lender; and (v) the Lender's commitment to make Revolving Loans shall remain in effect for a period to and including the Termination Date; and (vi) notwithstanding anything else contained in this Agreement, (a) upon the occurrence and continuance of any Event of Default, and in every such event, the Lender may, in its sole discretion, immediately cease to make Revolving Loans; and (b) Borrowers shall repay to the Lender on the Termination Date all Revolving Loans, plus interest accrued to the date of payment."
Loan Amount. Lender agrees to provide a loan to Borrower in the amount of FIVE MILLION AND 00/100 DOLLARS ($5,000,000.00) ("Loan"), provided that all conditions precedent described in this Agreement have been met or waived by Lender and that Borrower is not otherwise in default as of the date of disbursement.
Loan Amount. The Lender shall loan the Borrower the amount of [AMOUNT] (the “Loan”).
Loan Amount. Lender agrees to loan Borrower the principal sum of $ (the “Loan”), together with interest on the outstanding principal amount of the Loan (the "Principal Balance"), and in accordance with the terms set forth below.
Loan Amount. City shall lend Property Owner and Property Owner shall borrow from City the sum of up to $84,563 in the form of a no-interest, forgivable loan, the terms of which are contained in the promissory note attached hereto as Exhibit A (hereinafter “Façade Loan”). The Façade Loan shall be used solely for reimbursement of costs associated with the Property Owner’s approved complete façade renovation or replacement, more specifically described in the Property Owner’s application for funding (hereinafter “Project”). The Façade Loan will be disbursed to Property Owner, subject to the conditions of the Agreement, and provided the Property Owner has met and fully satisfied the following requirements: (i) this Agreement and the promissory note have been duly-executed by an authorized representative of Property Owner; (ii) personal guarantees have been duly-executed by each principal of the Property Owner; and (iii) Property Owner has satisfied the Conditions Precedent set forth in Section 2 of this Agreement. The Façade Loan shall be repaid to City in one installment, without interest, ten years after the City distributes the Façade Loan to Property Owner (hereinafter “Façade Loan Repayment Date,” subject to the provisions of Section 3 of this Agreement.
Loan Amount. The amount of the loan that Party B provides to Party A hereunder shall be RMB [see Schedule A] (the “Loan”).