Common use of Loan and Promissory Note Clause in Contracts

Loan and Promissory Note. Pursuant to the terms of the Intra-Agency Agreement and this Agreement, the Lender hereby agrees to loan $[Principal Amount] (the “Principal Amount”) to the Borrower and the Borrower agrees to pay the Lender the Principal Amount of the loan, plus interest on the terms described herein (collectively, the “Loan”). The Borrower’s obligation to pay the Lender the principal of and interest on the Loan is evidenced by a promissory note (the “Note”) in the form attached hereto as Attachment 1.

Appears in 6 contracts

Samples: Intra Agency Agreement, Agency Agreement, Intra Agency Agreement

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Loan and Promissory Note. Pursuant to the terms of the Intra-Segment 3 Intra- Agency Agreement and this Agreement, the Lender hereby agrees to loan $[Principal Amount] (the “Principal Amount”) to the Borrower and the Borrower agrees to pay the Lender the Principal Amount of the loan, plus interest on the terms described herein (collectively, the “Loan”). The Borrower’s obligation to pay the Lender the principal of and interest on the Loan is evidenced by a promissory note (the “Note”) in the form attached hereto as Attachment 1.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Loan and Promissory Note. Pursuant to the terms of the Intra-Segment 2 Intra- Agency Agreement and this Agreement, the Lender hereby agrees to loan $[Principal Amount] (the “Principal Amount”) to the Borrower and the Borrower agrees to pay the Lender the Principal Amount of the loan, plus interest on the terms described herein (collectively, the “Loan”). The Borrower’s obligation to pay the Lender the principal of and interest on the Loan is evidenced by a promissory note (the “Note”) in the form attached hereto as Attachment 1.

Appears in 1 contract

Samples: Intra Agency Agreement

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