Loan Principal Amount Clause Samples

Loan Principal Amount. The Borrower shall repay the Loan Principal Amount in the final month of the Loan Period. In the case loan repayment is extended per clause 4.7, then the payment schedule in Annex 3 of this Financing Agreement applies.

Loan Principal Amount. Subject at all times to all of the terms and conditions of this Agreement, the Lender agrees to lend to the Borrower funds equal to 68.5% of the current Fair Market Value of the 100,000 shares of Unilife Corp. (▇▇▇▇.▇▇), as defined in Section 1.1, “Fair Market Value.” The Loan Principal Amount shall be funded no later than the Closing Date and shall be memorialized in a Closing Statement in the form of Exhibit 1 hereto, which is hereby incorporated by reference.

Loan Principal Amount. (a) In accordance with the terms and conditions of this Loan Agreement, the Lender agrees to advance to Borrower a principal amount (the “Loan” as defined above) equal to such amount supportable by the Collateral. Prior to execution of this Loan Agreement, the Lender advised the Borrower that ▇▇▇▇▇▇ estimated that the Loan Amount would be approximately USD 7,000,000 based on a loan to value (“LTV”) of 65.00% against the FMV of the shares representing the Collateral. (b) For each tranche, the Lender will release funds in the amount of each such tranche, as directed by the Borrower, and the Borrower will release the Collateral as directed by the Lender through a simultaneous exchange to occur on a agreed upon date (for each tranche in question, the “Closing Date”). For greater certainty, the aggregate value of all tranches hereunder shall not exceed that of the amount of the Loan. (c) Subject to compliance with Article 2.1(b), the Lender shall fund the principal amount of any Tranche (less all deductions to be made hereunder) to the Borrower at the Borrower’s bank account in accordance with Article 2.5 on the Closing. Notice will be sent in writing to the Borrower not to fund such amount on such date, whereupon the collateral delivered shall cease to be Pledged Collateral for the purposes hereof and such securities shall be promptly returned to the Borrower. ___ /___ (Initials) ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇ ▇▇▇▇▇.

Loan Principal Amount. Subject at all times to all of the terms and conditions of this Agreement, the Lender agrees to lend to the Borrower funds equal to 70% of the current Fair Market Value of 355,000 shares of Feihe International, Inc. (ADY), on three consecutive Exchange Business Days on a national or international exchange or the OTC Bulletin Board Services, the National Quotation Bureau, Incorporated or a comparable service if Feihe International, Inc. (ADY) is not traded on a national or international exchange (the "Loan Principal Amount"). If the Pledged Collateral consists of shares of more than one security, the Fair Market Value shall be calculated as a weighted average of the entire portfolio (as identified in "Schedule 1"), based on the three consecutive exchange business days last sale price as defined in Section 1.1, "Fair Market Value." The Loan Principal Amount shall be funded no later than the Closing Date and shall be memorialized in a Closing Statement in the form of Exhibit I hereto, which is hereby incorporated by reference.

Loan Principal Amount. The principal amount of the Loan owed by the Borrower to the Lender under this Agreement (the Principal Amount) shall be USD 5,000,000 (in words: five million U.S. dollars). Any amounts repaid, in whatever form, shall reduce the Principal Amount and may not be re-borrowed.

Loan Principal Amount. (a) Subject at all times to all of the terms and conditions of this Agreement, the Lender agrees to lend to the Borrower funds equal to the number of shares of Common Stock issued and pledged as collateral for such Term Loan multiplied by seventy-five percent (75%) of the lower of the last sale price on the Exchange Business Day before the initial tranche of 600,000 Pledged Shares are received and posted to the Lender's account or the average of the last sale price-per share of the Pledged Shares, as reported on the Approved Exchange that is the primary exchange where the Common Stock of the Borrower trades on a regular basis, for three consecutive Exchange Business Days before the Pledged Shares are received and posted to the Lender's Account. The Loan Principal Amount shall be funded no later than the Closing Date and shall be memorialized in a Closing Statement in the form of Exhibit 1 hereto, which is hereby incorporated by reference. (b) Subject to the provisions of Section 2.1 (b)(ii) below (such provisions, the “Tranche Loan Restrictions”), the Lender has agreed to enter into additional loan transactions collateralized by additional tranches of the same class of securities of the Borrower as the Pledged Shares (each such additional loan transaction, a “Tranche Loan”). Subject to the Tranche Loan Restrictions, the Lender agrees to fund additional Tranche Loans collateralized by a maximum of up to 10,600,000 shares of Common Stock of the Borrower in the aggregate, including the initial tranche issuance of the Pledged Shares on the Closing Date (subject at all times to the restrictions set forth in Section 4.5 hereof). In the event the Borrower elects to enter into a Tranche Loan, Borrower shall provide the Lender with written notice of the Borrower’s election, setting forth the number of shares of Common Stock of the Borrower that will be subject to the Tranche Loan. The parties thereafter must execute a completed Tranche Loan Agreement in the form attached hereto as Exhibit 2. Any subsequent Tranche Loan collateralized by additional shares of the same security of the Borrower as the Pledged Shares will be subject to the same terms and conditions as set forth in this Agreement, except that the number of shares constituting the “Pledged Shares” shall be as set forth in a Tranche Loan Agreement. (ii) The Lender’s obligation to fund an additional Tranche Loan shall be contingent upon the satisfaction of the following Tranche Loan Restrictions: (A) No Eve...

Loan Principal Amount. (a) Subject to all of the terms and conditions of this Agreement, the Lender agrees to lend to the Borrower funds equal to % of the current Fair Market Value (the “Loan-to-Value Ratio”) of Bitcoin (the “Loan Principal Amount”). The Loan Principal Amount shall be funded no later than the Closing Date and shall be memorialized in a Closing Statement in the form of Exhibit 1 hereto, which is hereby incorporated by reference. (b) The Borrower and Lender have discussed that they each may elect to enter into additional loan transactions pursuant to this Agreement collateralized by an additional number of Bitcoin. The Lender agrees to make its best efforts to fund additional loans contingent upon market conditions such as the price and trading volume of Bitcoin for example. Any subsequent additional loan collateralized by additional Bitcoin will be subject to the same terms and conditions as set forth in this Agreement except that: (i) The Loan-to-Value Ratio and the number of Bitcoin shall be mutually agreed on by the parties on each and every subsequent loan tranche; and (ii) the new starting date for the new loan shall be memorialized in the Tranche Loan Agreement form attached hereto as Exhibit 2. The Lender has the discretion and right to elect to not proceed with any loan transaction with the Borrower up until the completion of the Closing.