Common use of Loan Factor and Stipulated Loan Value Calculation Clause in Contracts

Loan Factor and Stipulated Loan Value Calculation. Prior to each Funding Date, Agent, on behalf of Lenders, shall establish the Basic Rate, the Loan Factor, the All-in Rate and the Stipulated Loan Value Percentage with respect to such Loan, which shall be set forth in the Loan Agreement Supplement to be executed by Borrower with respect to each Loan and shall be conclusive in the absence of a manifest error.

Appears in 2 contracts

Samples: Equipment Loan and Security Agreement (Renovis Inc), Equipment Loan and Security Agreement (Renovis Inc)

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Loan Factor and Stipulated Loan Value Calculation. Prior to each Funding Date, Agent, on behalf of Lenders, Lender shall establish the Basic Rate, the Loan Factor, the All-in Rate and the Stipulated Loan Value Percentage with respect to such Loan, which shall be set forth in the Loan Agreement Supplement to be executed by Borrower with respect to each Loan and shall be conclusive in the absence of a manifest error.

Appears in 1 contract

Samples: Equipment Loan and Security Agreement (Renovis Inc)

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Loan Factor and Stipulated Loan Value Calculation. Prior to each Funding Date, Agent, on behalf of Lenders, shall establish the Basic Rate, the Loan Factor, the All-in Rate Factor and the Stipulated Loan Value Percentage with respect to such Loan, which . The Loan Factor shall be calculated in a manner to fully amortize the Loan over the Repayment Period applicable to such Loan in equal periodic installments of principal and interest. The Loan Factor and Stipulated Loan Value applicable to each Loan shall be set forth in the Loan Agreement Supplement to be executed by Borrower with respect to each Loan and shall be conclusive in the absence of a manifest error.

Appears in 1 contract

Samples: Landlord Agreement (Colo Com)

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