Loan by Issuer. Upon the terms and conditions of this Agreement, the Issuer will make the Loan to the Company on the Issue Date in a principal amount equal to the aggregate principal amount of the Bonds. The Loan shall be deemed fully advanced upon deposit of the proceeds of the Bonds (net of any bond discount) in the Bond Fund and the Project Fund pursuant to Section 2.3.
Appears in 2 contracts
Samples: Exempt Facilities Loan Agreement (Allegheny Energy, Inc), Exempt Facilities Loan Agreement (Allegheny Energy, Inc)
Loan by Issuer. Upon the terms and conditions of this Agreement, the Issuer will make the Loan to the Company Borrower on the Series Issue Date in a principal amount equal to the aggregate principal amount of the Bonds. The Loan shall be deemed fully advanced upon deposit of the proceeds of the Bonds (net of any bond discount) in the Bond Fund and the Project Fund pursuant to Section 2.33.3.
Appears in 2 contracts
Samples: Loan Agreement (Neose Technologies Inc), Loan Agreement (Brazos Sportswear Inc /De/)
Loan by Issuer. Upon the terms and conditions of this Agreement, the Issuer will make the Loan to the Company Borrower on the Series Issue Date in a principal amount equal to the aggregate principal amount of the Bonds. The Loan shall be deemed fully advanced upon deposit of the proceeds of the Bonds (net of any bond discount) in the Bond Fund and the Project Fund Settlement Account pursuant to Section 2.33.3.
Appears in 1 contract
Samples: Loan Agreement
Loan by Issuer. Upon the terms and conditions of this -------------- Agreement, the Issuer will make the Loan to the Company Borrower on the Series Issue Date in a principal amount equal to the aggregate principal amount of the Bonds. The Loan shall be deemed fully advanced upon deposit of the proceeds of the Bonds (net of any bond discount) in the Bond Fund and the Project Fund pursuant to Section 2.33.3.
Appears in 1 contract
Samples: Loan Agreement (Innovative Solutions & Support Inc)
