LOAN TERMS 17 Sample Clauses

LOAN TERMS 17. Section 2.1 The Loan 17 Section 2.2 Interest Rate; Late Charge; Default Rate 17 Section 2.3 Terms of Payment 17 Section 2.4 Security 19 Section 2.5 Withholding Taxes; Changes In Legal Requirements; Market Disruption 19 Section 2.6 Reserve Funds 19 Section 2.7 Reserved 22 Section 2.8 Use of Proceeds 22 Section 2.9 Cash Management 22 Section 2.10 Intentionally omitted 23 Section 2.11 Project Releases 23 ARTICLE 3 INSURANCE, CONDEMNATION AND IMPOUNDS 24 Section 3.1 Insurance 24 Section 3.2 Use and Application of Insurance Proceeds 27 Section 3.3 Condemnation Awards 28 Section 3.4 Impounds 29 ARTICLE 4 ENVIRONMENTAL MATTERS 29 Section 4.1 Representations and Warranties on Environmental Matters 29 Section 4.2 Covenants on Environmental Matters 29 Section 4.3 Allocation of Risks and Indemnity 30 Section 4.4 No Waiver 30 Section 4.5 Obligations Unsecured 30 ARTICLE 5 LEASING MATTERS 30 Section 5.1 Representations and Warranties on Leases 30 Section 5.2 Standard Lease Form; Approval Rights; Security Deposits 31 Section 5.3 Covenants 31 Section 5.4 Tenant Estoppels 31 ARTICLE 6 REPRESENTATIONS AND WARRANTIES 32 Section 6.1 Organization and Power 32 Section 6.2 Validity of Loan Documents 32 Section 6.3 Liabilities; Litigation 32 Section 6.4 Taxes and Assessments 32 Section 6.5 Other Agreements; Defaults 32 Section 6.6 Compliance with Legal Requirements 33 Section 6.7 Location of Borrower 33 Section 6.8 ERISA 34 Section 6.9 Margin Stock 34 Section 6.10 Tax Filings 34 Section 6.11 Solvency 34 Section 6.12 Full and Accurate Disclosure 35
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Related to LOAN TERMS 17

  • Loan Terms The Loan will be evidenced by the Note and will bear interest and be paid in accordance with the payment terms set forth in the Note.

  • General Loan Terms Section 3.01.

  • Amounts and Terms of Loans 2 1.1 Loans...........................................................................................2 1.2

  • Amount and Terms of Loan 1.1 Subject to the terms and conditions of this Agreement, the Lenders agree to loan to the Borrower, and the Borrower agrees to borrow from Lenders, funds in an aggregated principal amount of up to Five Million Two Hundred Thousand US Dollars ($5,286,306.25) (the "Loan"), in installments of One Hundred Thousand Dollars or greater (each a "Loan Disbursement").

  • Amount and Terms of Loans 32 2.1 Loans..........................................................................................32 2.2

  • Notice and Terms of Optional Prepayment The Borrower shall notify the Administrative Agent by telephone (confirmed by telecopy) of any prepayment hereunder (i) in the case of prepayment of a Eurodollar Borrowing, not later than 12:00 noon, Houston time, three Business Days before the date of prepayment, or (ii) in the case of prepayment of an ABR Borrowing, not later than 12:00 noon, Houston time, one Business Day before the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid. Promptly following receipt of any such notice relating to a Borrowing, the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02. Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 3.02.

  • The Loans Amount and Terms Section 2.1 Revolving Loans.

  • Amount and Terms of Commitment Each Lender severally agrees, on the terms and subject to the conditions hereinafter set forth,

  • Amount and Terms of the Loan Subject to the terms of this Agreement:

  • Amounts and Terms of the Loans 2.1 Commitments 12 2.2 Note 12 2.3 Principal Payments; Maturity of Loans 13 2.4 Interest 13 2.5 Fees 15 2.6 Termination or Reduction of Commitments 15 2.7 General Provisions as to Payments 15 2.8 Disbursement of Loan Proceeds 15 2.9 Use of Proceeds 15 2.10 Taxes 15 2.11 Illegality 16

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