Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Three Hundred Thousand Dollars ($300,000) at zero percent (0%) interest, for a term of twenty (20) years, as specified in the Note.
Appears in 3 contracts
Samples: Permanent Loan Agreement, Permanent Loan Agreement, Permanent Loan Agreement
Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two Hundred Three Hundred Thousand Dollars ($300,000203,000) at zero percent (0%) interest, for a term of twenty fifteen (2015) years, as specified in the Note.
Appears in 3 contracts
Samples: Forgivable Loan Agreement, Forgivable Loan Agreement, Forgivable Loan Agreement
Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Three Ninety Two Thousand Eight Hundred Thousand Dollars ($300,00092,800) at zero percent (0%) interest, for a term of twenty fifteenf (2015) years, as specified in the Note.
Appears in 2 contracts
Samples: Forgivable Loan Agreement, Forgivable Loan Agreement
Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Three Two Hundred Fifty One Thousand Nine Hundred Sixty Nine Dollars ($300,000251,969) at zero percent (0%) interest, for a term of twenty (20) years, as specified in the Note.
Appears in 2 contracts
Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two Hundred Fifty Three Hundred Thousand Thirty One Dollars ($300,000253,031) at zero percent (0%) interest, for a term of twenty (20) years, as specified in the Note.
Appears in 1 contract
Samples: Permanent Loan Agreement
