LOAN AND PURPOSE. 1.1 Subject to the condition precedent (in Dutch: “opschortende voorwaarde”) of executionby the Co- financer of the Co-financing Agreement (the “Condition Precedent”), the Lender hereby grants the Loan under the terms and conditions stated hereafter, in principal amount of € [ ] (the 1 Described in this way to provide for the use of DocuSign “Principal”), which Loan is hereby accepted by the Borrower.
LOAN AND PURPOSE. 1.1 The Lender hereby grants the Loan to the Borrower under the terms and conditions stated hereafter, in principal amount of € [ __ ] (the “Principal”), which Loan is hereby accepted by the Borrower.
LOAN AND PURPOSE. 1.1 The Co-financer hereby grants the Loan under the terms and conditions stated hereafter, in principal amount of € [ __ ] (the “Principal”), which Loan is hereby accepted by the Borrower.
LOAN AND PURPOSE. 2.1 The Lender agrees to make a loan in the amount of USD 143,000,000 (the “Loan”) to the Borrower on the terms and conditions set out herein.
LOAN AND PURPOSE. (a) Subject to the terms of this Agreement, the Lender shall make available to the Borrower the Facility in an aggregate amount equal to the Commitment. The Facility shall be used for financing fixed assets.
LOAN AND PURPOSE. This Agreement sets out the terms and conditions upon which the Lender will make available to the Borrower a revolving credit facility in the total principal amount of up to the Commitment for the purpose of:
LOAN AND PURPOSE. 2.1 Subject to the terms of this Agreement, Screen NSW agrees to make available to the Applicant the Loan.
LOAN AND PURPOSE. The Bank agrees to extend the Loan to the Borrower, which will be an amortizing term loan in the initial amount of Twelve Million and 00/100 Dollars ($12,000,000). The Loan shall be evidenced by a Business Loan Note executed concurrently with this agreement (referred to in this agreement with all extensions, renewals and amendments as the "Note"). The proceeds of the Loan shall be used exclusively to consummate the Transaction.
LOAN AND PURPOSE. The Authority agrees to lend and the Borrower agrees to borrow from the Authority up to Seven Million Five Hundred Thousand and No/100 Dollars ($7,500,000.00) (the “Loan”) for the acquisition and renovation of a commercial facility located at 00000 Xxxxx Xxxxxx, Xxxxxxxx, XX 00000, consisting of a building and improvements (the “Improvements”) upon the real property described in Exhibit A attached hereto (the “Property”). The Loan will be disbursed to the Borrower subject to all of the terms, provisions, conditions, covenants and agreements contained in this Agreement and a Disbursement Agreement of even date herewith among the Authority, the Borrower and the Escrow Agent (as defined in the Disbursement Agreement). The Loan is evidenced by a promissory note of even date herewith (the “Note”) and secured by a Deed of Trust, Security Agreement, Financing Statement and Assignment of Rents and Leases of even date herewith (the “Deed of Trust”). The Authority agrees to make an initial advance in an amount of no more than Four Million One Hundred Thirty-Six Thousand Five Hundred Dollars ($4,136,500.00), to fund the acquisition of the Property and Improvements by Borrower. The balance of the Loan shall be available to fund renovations to the Improvements, in accordance with the terms and provisions of this Agreement. Notwithstanding anything herein to the contrary, the Authority reserves the right at any time to refuse to fund any amounts hereunder if the Authority determines, in its sole judgment, that either the Borrower or the Loan fails to strictly conform to the requirements of the Commitment (defined below), this Loan Agreement, the Authority’s Business Finance Credit Policy, or the Authority’s Direct Loan Program Guidelines.
LOAN AND PURPOSE. The Lender hereby agrees to lend to ZNG, upon and subject to the terms of this Deed and the Loan Agreement, a further loan amount of US$7,359,190 (“Additional Loan Sum”). The terms relating to the Commitment in the Loan Agreement shall, where relevant, refer to the Additional Loan Sum for the purpose of this Deed.
