Loan Terms. FORGIVABLE LOAN. The Loan shall be forgiven by the Lender and the State upon satisfaction by the Borrower of the terms of this Loan Agreement. In the event the Loan is not forgiven, the Loan shall be repayable as set forth in Section 8.2 of this Loan Agreement. The Loan terms may not be modified without prior written approval from the State.
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Samples: Loan Agreement Minnesota Investment Fund, Loan Agreement Minnesota Investment Fund, Loan Agreement Minnesota Investment Fund
Loan Terms. FORGIVABLE LOAN. The Loan shall be forgiven by the Lender and the State upon satisfaction by the Borrower of the terms of this Loan Agreement. In the event the Loan is not forgiven, the Loan shall be repayable as set forth in Section 8.2 of this Loan Agreement. The Loan terms may not be modified without prior written approval from the State.. OR
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