{"component": "clause", "props": {"groups": [{"size": 192, "snippet_links": [{"key": "the-bank", "type": "definition", "offset": [6, 14]}, {"key": "agrees-to", "type": "clause", "offset": [15, 24]}, {"key": "to-the-borrower", "type": "definition", "offset": [30, 45]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [50, 74]}, {"key": "in-this-agreement", "type": "clause", "offset": [100, 117]}, {"key": "from-time-to-time", "type": "clause", "offset": [209, 226]}, {"key": "currency-conversion", "type": "clause", "offset": [237, 256]}, {"key": "in-accordance-with", "type": "clause", "offset": [257, 275]}, {"key": "the-provisions-of-section", "type": "clause", "offset": [276, 301]}, {"key": "to-assist", "type": "clause", "offset": [335, 344]}, {"key": "financing-the-project", "type": "clause", "offset": [348, 369]}, {"key": "schedule-1", "type": "clause", "offset": [383, 393]}, {"key": "to-this-agreement", "type": "clause", "offset": [394, 411]}, {"key": "proceeds-of-the-loan", "type": "clause", "offset": [461, 481]}, {"key": "section-iv", "type": "definition", "offset": [501, 511]}, {"key": "schedule-2", "type": "definition", "offset": [515, 525]}], "samples": [{"hash": "h0SbAwHoDS8", "uri": "/contracts/h0SbAwHoDS8#loan", "label": "Loan Agreement", "score": 22.302986145, "published": true}, {"hash": "3mLFZahsgs3", "uri": "/contracts/3mLFZahsgs3#loan", "label": "Loan Agreement", "score": 19.9924716949, "published": true}, {"hash": "JZNdpTuDSd", "uri": "/contracts/JZNdpTuDSd#loan", "label": "Loan Agreement", "score": 19.2874736786, "published": true}], "snippet": "2.01. The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in this Agreement, the amount of one hundred million Dollars ($100,000,000), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.07 of this Agreement (\u201cLoan\u201d), to assist in financing the project described in Schedule 1 to this Agreement (\u201cProject\u201d).\n2.02. The Borrower may withdraw the proceeds of the Loan in accordance with Section IV of Schedule 2 to this Agreement.", "hash": "2667475e34348eb263130870915884b5", "id": 1}, {"size": 145, "snippet_links": [{"key": "agrees-to", "type": "clause", "offset": [15, 24]}, {"key": "to-the-borrower", "type": "definition", "offset": [30, 45]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [50, 74]}, {"key": "in-this-agreement", "type": "clause", "offset": [100, 117]}, {"key": "from-time-to-time", "type": "clause", "offset": [215, 232]}, {"key": "currency-conversion", "type": "clause", "offset": [243, 262]}, {"key": "in-accordance-with", "type": "clause", "offset": [263, 281]}, {"key": "proceeds-of-the-loan", "type": "clause", "offset": [371, 391]}, {"key": "the-program", "type": "clause", "offset": [406, 417]}, {"key": "section-ii", "type": "definition", "offset": [437, 447]}, {"key": "schedule-1", "type": "clause", "offset": [451, 461]}, {"key": "to-this-agreement", "type": 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"type": "definition", "offset": [2285, 2302]}, {"key": "interest-rate-collar", "type": "definition", "offset": [2306, 2326]}, {"key": "the-bank-shall", "type": "clause", "offset": [2440, 2454]}, {"key": "in-the-general", "type": "clause", "offset": [2496, 2510]}, {"key": "the-provisions-of-article", "type": "clause", "offset": [2564, 2589]}, {"key": "conversion-guidelines", "type": "definition", "offset": [2630, 2651]}, {"key": "execution-date", "type": "clause", "offset": [2680, 2694]}, {"key": "of-the-borrower", "type": "clause", "offset": [2865, 2880]}, {"key": "the-loan-account", "type": "clause", "offset": [2896, 2912]}, {"key": "pay-to", "type": "definition", "offset": [2917, 2923]}, {"key": "to-pay", "type": "clause", "offset": [2952, 2958]}, {"key": "premium-payable", "type": "definition", "offset": [2963, 2978]}, {"key": "for-the-purpose", "type": "clause", "offset": [3085, 3100]}, {"key": "without-limitation-upon-the-provisions-of-section", "type": "clause", "offset": [3167, 3216]}, {"key": "pursuant-to-paragraph-3", "type": "clause", "offset": [3268, 3291]}, {"key": "the-appendix", "type": "clause", "offset": [3309, 3321]}, {"key": "relating-to", "type": "definition", "offset": [3344, 3355]}, {"key": "cooperation-and-consultation", "type": "clause", "offset": [3356, 3384]}, {"key": "furnish-to-the-bank", "type": "clause", "offset": [3415, 3434]}, {"key": "such-information", "type": "definition", "offset": [3435, 3451]}, {"key": "article-ii", "type": "definition", "offset": [3487, 3497]}, {"key": "the-bank-may", "type": "clause", "offset": [3501, 3513]}, {"key": "reasonably-request", "type": "definition", "offset": [3534, 3552]}], "samples": [{"hash": "1oHtLWAsJFq", "uri": "/contracts/1oHtLWAsJFq#loan", "label": "Loan Agreement", "score": 21.7830257416, "published": true}], "snippet": "2.01. The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in this Agreement, the amount of two hundred fifty million Dollars ($250,000,000), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.07 of this Agreement (\u201cLoan\u201d). The Borrower may withdraw the proceeds of the Loan in support of the Program in accordance with Section II of Schedule 1 to this Agreement. The Front-end Fee payable by the Borrower shall be equal to one quarter of one percent (0.25%) of the Loan amount.\n2.04. The interest payable by the Borrower for each Interest Period shall be at a rate equal to the Reference Rate for the Loan Currency plus the Variable Spread; provided, that upon a Conversion of all or any portion of the principal amount of the Loan, the interest payable by the Borrower during the Conversion Period on such amount shall be determined in accordance with the relevant provisions of Article IV of the General Conditions. Notwithstanding the foregoing, if any amount of the Withdrawn Loan Balance remains unpaid when due and such non-payment continues for a period of thirty (30) days, then the interest payable by the Borrower shall instead be calculated as provided in Section 3.02(e) of the General Conditions.\n2.05. The Payment Dates are April 1 and October 1 in each year.\n2.06. The principal amount of the Loan shall be repaid in accordance with the amortization schedule set forth in Schedule 2 to this Agreement.\n(a) The Borrower may at any time request any of the following Conversions of the terms of the Loan in order to facilitate prudent debt management: (i) a change of the Loan Currency of all or any portion of the principal amount of the Loan, withdrawn or unwithdrawn, to an Approved Currency; (ii) a change of the interest rate basis applicable to all or any portion of the principal amount of the Loan withdrawn and outstanding from a Variable Rate to a Fixed Rate, or vice versa, or from a Variable Rate based on a Variable Spread to a Variable Rate based on a Fixed Spread; and (iii) the setting of limits on the Variable Rate applicable to all or any portion of the principal amount of the Loan withdrawn and outstanding by the establishment of an Interest Rate Cap or Interest Rate Collar on the Variable Rate.\n(b) Any conversion requested pursuant to paragraph (a) of this Section that is accepted by the Bank shall be considered a \u201cConversion\u201d, as defined in the General Conditions, and shall be effected in accordance with the provisions of Article IV of the General Conditions and of the Conversion Guidelines.\n(c) Promptly following the Execution Date for an Interest Rate Cap or Interest Rate Collar for which the Borrower has requested that the premium be paid out of the proceeds of the Loan, the Bank shall, on behalf of the Borrower, withdraw from the Loan Account and pay to itself the amounts required to pay any premium payable in accordance with Section 4.05(c) of the General Conditions up to the amount allocated from time to time for the purpose in the table in Section II of Schedule 1 to this Agreement.\n2.08. Without limitation upon the provisions of Section 5.08 of the General Conditions (renumbered as such pursuant to paragraph 3 of Section II of the Appendix to this Agreement and relating to Cooperation and Consultation), the Borrower shall promptly furnish to the Bank such information relating to the provisions of this Article II as the Bank may, from time to time, reasonably request.", "hash": "e3153342c52fe9c8cbbfb2944c0777f0", "id": 2}, {"size": 132, "snippet_links": [{"key": "a-long", "type": "clause", "offset": [33, 39]}, {"key": "loan-to-the-borrower", "type": "clause", "offset": [45, 65]}, {"key": "the-principal", "type": "definition", "offset": [71, 84]}, {"key": "in-accordance-with", "type": "clause", "offset": [100, 118]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [119, 143]}, {"key": "in-this-agreement", "type": "clause", "offset": [154, 171]}, {"key": "the-agreement", "type": "clause", "offset": [242, 255]}, {"key": "of-both-parties", "type": "clause", "offset": [256, 271]}, {"key": "during-the-term", "type": "clause", "offset": [294, 309]}, {"key": "term-of", "type": "clause", "offset": [322, 329]}, {"key": "the-borrower-shall", "type": "clause", "offset": [341, 359]}, {"key": "loan-term", "type": "definition", "offset": [389, 398]}, {"key": "extended-loan", "type": "definition", "offset": [406, 419]}, {"key": "a-person", "type": "definition", "offset": [505, 513]}, {"key": "limited-capacity", "type": "clause", "offset": [539, 555]}, {"key": "by-the-lender", "type": "clause", "offset": [609, 622]}, {"key": "the-account", "type": "clause", "offset": [754, 765]}, {"key": "by-the-borrower", "type": "clause", "offset": [777, 792]}, {"key": "after-receiving", "type": "clause", "offset": [815, 830]}, {"key": "notification-to", "type": "clause", "offset": [854, 869]}, {"key": "provided-that", "type": "definition", "offset": [884, 897]}, {"key": "in-section-2", "type": "clause", "offset": [933, 945]}, {"key": "the-day", "type": "definition", "offset": [1047, 1054]}, {"key": "amount-of-the-loan", "type": "definition", "offset": [1069, 1087]}, {"key": "commitments-of-the-lender", "type": "clause", "offset": [1093, 1118]}, {"key": "the-borrower-agrees", "type": "clause", "offset": [1233, 1252]}, {"key": "loan-shall", "type": "definition", "offset": [1332, 1342]}, {"key": "company-in", "type": "clause", "offset": [1390, 1400]}, {"key": "for-the-borrower", "type": "clause", "offset": [1410, 1426]}, {"key": "prior-written-consent", "type": "clause", "offset": [1449, 1470]}, {"key": "transfer-or-pledge", "type": "clause", "offset": [1548, 1566]}, {"key": "equity-in-the-borrower", "type": "clause", "offset": [1571, 1593]}, {"key": "other-third-party", "type": "definition", "offset": [1611, 1628]}, {"key": "all-of-borrower", "type": "definition", "offset": [1749, 1764]}, {"key": "legal-person", "type": "clause", "offset": [1824, 1836]}, {"key": "natural-person", "type": "clause", "offset": [1840, 1854]}, {"key": "the-borrower-hereby", "type": "clause", "offset": [1901, 1920]}, {"key": "transfer-of", "type": "clause", "offset": [1981, 1992]}, {"key": "the-consideration", "type": "clause", "offset": [2069, 2086]}, {"key": "right-to", "type": "definition", "offset": [2334, 2342]}, {"key": "no-obligation-to", "type": "clause", "offset": [2352, 2368]}, {"key": "at-any-time", "type": "clause", "offset": [2370, 2381]}, {"key": "by-both-parties", "type": "clause", "offset": [2543, 2558]}, {"key": "subject-to-the", "type": "definition", "offset": [2560, 2574]}, {"key": "the-law", "type": "clause", "offset": [2589, 2596]}, {"key": "borrower-warrants", "type": "definition", "offset": [2602, 2619]}, {"key": "to-issue", "type": "clause", "offset": [2620, 2628]}, {"key": "irrevocable-proxy", "type": "definition", "offset": [2632, 2649]}, {"key": "to-confer", "type": "definition", "offset": [2650, 2659]}, {"key": "rights-as-a-shareholder", "type": "clause", "offset": [2668, 2691]}, {"key": "of-the-borrower", "type": "clause", "offset": [2692, 2707]}], "samples": [{"hash": "k2lzyVm55n3", "uri": "/contracts/k2lzyVm55n3#loan", "label": "Loan Agreement (Focus Media Holding LTD)", "score": 17.0, "published": true}, {"hash": "hoFpFVF74EY", "uri": "/contracts/hoFpFVF74EY#loan", "label": "Loan Agreement (Focus Media Holding LTD)", "score": 17.0, "published": true}, {"hash": "eKUJR5dWnRo", "uri": "/contracts/eKUJR5dWnRo#loan", "label": "Loan Agreement (Focus Media Holding LTD)", "score": 17.0, "published": true}], "snippet": "1.1 The Lender agrees to provide a long-term loan to the Borrower with the principal as RMB 500,000 in accordance with the terms and conditions set forth in this Agreement. Term for such loan will be ten (10) years and shall be extended upon the agreement of Both Parties through negotiations. During the term or extended term of such loan, the Borrower shall refund the loan ahead of the loan term or the extended loan term, if either of the following events occurs:\n(1) Borrower becomes dead or becomes a person without capacity or with limited capacity for civil acts;\n(2) Borrower quits from or dismissed by the Lender or its affiliates;\n(3) the Borrower commits a crime or involves a crime;\n1.2 The Lender agrees to remit the amount of such loan to the account designated by the Borrower within seven (7) days after receiving the Borrower\u2019s written notification to use the loan, provided that all of the preconditions set forth in Section 2 of this Agreement are satisfied. The Borrower shall issue confirmation notification to the Lender on the day receiving the amount of the loan. The commitments of the Lender under this section are effective only to the Borrower itself, but not the Borrower\u2019s inheritor or transferee.\n1.3 The Borrower agrees to accept such loan provided by the Lender and agrees and warrants hereby such loan shall be used only for establishing an advertisement company in Shanghai for the Borrower. Without the Lender\u2019s prior written consent, the Borrower shall not use the amount of such loan for any other purpose or transfer or pledge its equity in the Borrower\u2019s Company to any other third party.\n1.4 The Lender and the Borrower jointly agree and confirm that the Borrower shall refund the loan only by transferring all of Borrower\u2019s equity in the Borrower\u2019s Company to the Lender or other (legal person or natural person) designated by the Lender.\n1.5 The Lender and the Borrower hereby jointly agree and confirm that any proceeds raised from the transfer of Borrower\u2019s equity in the Borrower\u2019s Company shall be paid to the Lender, as the consideration of the loan provided by the Lender, in the means designated by the Lender in accordance with this Agreement and the Agreement shall terminate simultaneously.\n1.6 The Lender and the Borrower hereby jointly agree and confirm that the Lender has the right to, but has no obligation to, at any time, purchase or designate the other (legal person or natural person) to purchase all or part of Borrower\u2019s equity in the Borrower\u2019s Company at any price determined by Both Parties, subject to the permission of the law. The Borrower warrants to issue an irrevocable proxy to confer all its rights as a shareholder of the Borrower\u2019s Company to a person designated by the Lender.", "hash": "4958790af457527ffea833d19a384a37", "id": 3}, {"size": 59, "snippet_links": [{"key": "in-accordance-with", "type": "clause", "offset": [4, 22]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [27, 65]}, {"key": "hereby-acknowledge", "type": "clause", "offset": [87, 105]}, {"key": "a-loan", "type": "definition", "offset": [145, 151]}, {"key": "loan-shall", "type": "definition", "offset": [215, 225]}, {"key": "effective-date-of-this-agreement", "type": "definition", "offset": [247, 279]}, {"key": "consent-of-the-parties", "type": "clause", "offset": [323, 345]}, {"key": "during-the-term", "type": "clause", "offset": [347, 362]}, {"key": "the-extended-term", "type": "clause", "offset": [378, 395]}, {"key": "borrower-shall", "type": "clause", "offset": [409, 423]}, {"key": "amount-of-the-loan", "type": "definition", "offset": [451, 469]}, {"key": "in-the-event", "type": "clause", "offset": [470, 482]}], "samples": [{"hash": "bA5b7aaoI1x", "uri": "/contracts/bA5b7aaoI1x#loan", "label": "Equity Interest Pledge Agreement (Hexindai Inc.)", "score": 28.742641449, "published": true}, {"hash": "bOefUpi9dVC", "uri": "/contracts/bOefUpi9dVC#loan", "label": "Equity Interest Pledge Agreement (Hexindai Inc.)", "score": 28.5099239349, "published": true}, {"hash": "8EvfIA2cHFe", "uri": "/contracts/8EvfIA2cHFe#loan", "label": "Loan Agreement (Hexindai Inc.)", "score": 26.742641449, "published": true}], "snippet": "1.1 In accordance with the terms and conditions of this Agreement, Lender and Borrower hereby acknowledge that Borrower has obtained from Lender a loan in the amount of RMB 484,449,000 (the \u201cLoan\u201d). The term of the Loan shall be 10 years from the effective date of this Agreement, which may be extended upon mutual written consent of the Parties. During the term of the Loan or the extended term of the Loan, Borrower shall immediately repay the full amount of the Loan in the event any one or more of the following circumstances occur:", "hash": "09ddf72b11425b58e7012d9b0bed6104", "id": 7}, {"size": 69, "snippet_links": [{"key": "the-word", "type": "definition", "offset": [0, 8]}, {"key": "loans-and-financial-accommodations", "type": "clause", "offset": [88, 122]}, {"key": "to-borrower", "type": "definition", "offset": [135, 146]}, {"key": "including-without-limitation", "type": "clause", "offset": [206, 234]}, {"key": "to-this-agreement", "type": "clause", "offset": [342, 359]}, {"key": "from-time-to-time", "type": "clause", "offset": [360, 377]}], "samples": [{"hash": "jv0P0noJ3CE", "uri": "/contracts/jv0P0noJ3CE#loan", "label": "Loan Agreement (Industrial Services of America Inc /Fl)", "score": 21.0, "published": true}, {"hash": "cgy87nvKwLe", "uri": "/contracts/cgy87nvKwLe#loan", "label": "Loan Agreement (R B Rubber Products Inc)", "score": 21.0, "published": true}, {"hash": "2MuHHMmXPwy", "uri": "/contracts/2MuHHMmXPwy#loan", "label": "Convertible Loan Principal Agreement (Amphastar Pharmaceuticals, Inc.)", "score": 21.0, "published": true}], "snippet": "The word \"Loan\" or \"Loans\" means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.", "hash": "2f97b21369e11b609aac4f2f4bfe11e6", "id": 4}, {"size": 64, "snippet_links": [{"key": "the-bank", "type": "definition", "offset": [6, 14]}, {"key": "agrees-to", "type": "clause", "offset": [15, 24]}, {"key": "to-the-borrower", "type": "definition", "offset": [30, 45]}, {"key": "from-time-to-time", "type": "clause", "offset": [148, 165]}, {"key": "currency-conversion", "type": "clause", "offset": [176, 195]}, {"key": "to-assist", "type": "clause", "offset": [206, 215]}, {"key": "financing-the-project", "type": "clause", "offset": [219, 240]}, {"key": "schedule-1", "type": "clause", "offset": [254, 264]}, {"key": "to-this-agreement", "type": "clause", "offset": [265, 282]}, {"key": "proceeds-of-the-loan", "type": "clause", "offset": [332, 352]}, {"key": "in-accordance-with", "type": "clause", "offset": [353, 371]}, {"key": "section-iii", "type": "definition", "offset": [372, 383]}, {"key": "schedule-2", "type": "definition", "offset": [387, 397]}, {"key": "the-loan-amount", "type": "clause", "offset": [482, 497]}, {"key": "commitment-charge", "type": "definition", "offset": [509, 526]}, {"key": "per-annum", "type": "definition", "offset": [565, 574]}, {"key": "unwithdrawn-loan-balance", "type": "definition", "offset": [582, 606]}, {"key": "the-interest-rate", "type": "clause", "offset": [614, 631]}, {"key": "the-reference-rate", "type": "definition", "offset": [635, 653]}, {"key": "fixed-spread", "type": "definition", "offset": [663, 675]}, {"key": "subject-to-section", "type": "clause", "offset": [726, 744]}, {"key": "the-general-conditions", "type": "clause", "offset": [756, 778]}, {"key": "payment-dates", "type": "definition", "offset": [790, 803]}, {"key": "each-year", "type": "definition", "offset": [837, 846]}, {"key": "loan-shall", "type": "definition", "offset": [882, 892]}, {"key": "schedule-3", "type": "definition", "offset": [922, 932]}], "samples": [{"hash": "7fsOGMJuyNn", "uri": "/contracts/7fsOGMJuyNn#loan", "label": "Loan Agreement", "score": 27.4038333893, "published": true}, {"hash": "kFU8ZnDyldo", "uri": "/contracts/kFU8ZnDyldo#loan", "label": "Loan Agreement", "score": 26.2854213715, "published": true}], "snippet": "2.01. The Bank agrees to lend to the Borrower the amount of two hundred and sixty million Dollars (USD260,000,000), as such amount may be converted from time to time through a Currency Conversion (\u201cLoan\u201d), to assist in financing the project described in Schedule 1 to this Agreement (\u201cProject\u201d).\n2.02. The Borrower may withdraw the proceeds of the Loan in accordance with Section III of Schedule 2 to this Agreement.\n2.03. The Front-end Fee is one quarter of one percent (0.25%) of the Loan amount.\n2.04. The Commitment Charge is one quarter of one percent (0.25%) per annum on the Unwithdrawn Loan Balance.\n2.05. The interest rate is the Reference Rate plus the Fixed Spread or such rate as may apply following a Conversion; subject to Section 3.02(e) of the General Conditions.\n2.06. The Payment Dates are February 15 and August 15 in each year.\n2.07. The principal amount of the Loan shall be repaid in accordance with Schedule 3 to this Agreement.", "hash": "9bf6c9fc1075d8b182743042a1397ddd", "id": 5}, {"size": 58, "snippet_links": [{"key": "a-student", "type": "definition", "offset": [3, 12]}, {"key": "a-loan", "type": "definition", "offset": [29, 35]}, {"key": "guaranteed-by", "type": "clause", "offset": [36, 49]}, {"key": "and-the-student", "type": "definition", "offset": [82, 97]}, {"key": "the-loan", "type": "clause", "offset": [110, 118]}, {"key": "guarantee-agency", "type": "definition", "offset": [198, 214]}, {"key": "action-against", "type": "clause", "offset": [224, 238]}, {"key": "tax-refund", "type": "clause", "offset": [282, 292]}, {"key": "balance-owed", "type": "definition", "offset": [339, 351]}, {"key": "the-student-may", "type": "clause", "offset": [368, 383]}, {"key": "student-financial-aid", "type": "definition", "offset": [422, 443]}, {"key": "other-government-assistance", "type": "clause", "offset": [470, 497]}], "samples": [{"hash": "eRLsp0z1lXI", "uri": "/contracts/eRLsp0z1lXI#loan", "label": "Enrollment Agreement", "score": 30.8309020996, "published": true}, {"hash": "bS8ZYESAZ2D", "uri": "/contracts/bS8ZYESAZ2D#loan", "label": "Enrollment Agreement", "score": 30.3930778503, "published": true}, {"hash": "6QXYBwJ8oQI", "uri": "/contracts/6QXYBwJ8oQI#loan", "label": "Enrollment Agreement", "score": 29.8673496246, "published": true}], "snippet": "If a student is eligible for a loan guaranteed by the federal or state government and the student defaults on the loan, both of the following may occur:\na. The federal or state government or a loan guarantee agency may take action against the student, including applying any income tax refund to which the person is entitled to reduce the balance owed on the loan.\nb. The student may not be eligible for any other federal student financial aid at another institution or other government assistance until the loan is repaid.", "hash": "1022b3ca3b1a83a239f50378296de044", "id": 8}, {"size": 59, "snippet_links": [{"key": "credit-enhancement-provider", "type": "definition", "offset": [4, 31]}, {"key": "a-term-loan", "type": "definition", "offset": [45, 56]}, {"key": "to-the-trust", "type": "clause", "offset": [57, 69]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [71, 89]}, {"key": "investor-certificateholders", "type": "definition", "offset": [94, 121]}, {"key": "the-series", "type": "definition", "offset": [125, 135]}, {"key": "series-closing-date", "type": "definition", "offset": [144, 163]}, {"key": "equal-to", "type": "definition", "offset": [177, 185]}, {"key": "receipt-of", "type": "clause", "offset": [199, 209]}, {"key": "by-the-trustee", "type": "clause", "offset": [239, 253]}, {"key": "loan-shall", "type": "definition", "offset": [274, 284]}, {"key": "increased-by", "type": "clause", "offset": [288, 300]}, {"key": "additional-loan", "type": "clause", "offset": [319, 334]}, {"key": "pursuant-to-section-8", "type": "clause", "offset": [375, 396]}], "samples": [{"hash": "dTzPEUG5OE5", "uri": "/contracts/dTzPEUG5OE5#loan", "label": "Credit Enhancement Agreement (Discover Card Master Trust I)", "score": 21.0, "published": true}, {"hash": "jQSaiEpisF8", "uri": "/contracts/jQSaiEpisF8#loan", "label": "Credit Enhancement Agreement (Discover Card Master Trust I)", "score": 18.0, "published": true}, {"hash": "iPdF58pWObO", "uri": "/contracts/iPdF58pWObO#loan", "label": "Credit Enhancement Agreement (Discover Card Master Trust I)", "score": 18.0, "published": true}], "snippet": "The Credit Enhancement Provider hereby makes a term loan to the Trust, for the benefit of the Investor Certificateholders of the Series, on the Series Closing Date in an amount equal to $39,473,700, receipt of which is hereby acknowledged by the Trustee. The amount of such Loan shall be increased by the amount of any additional loan made by the Credit Enhancement Provider pursuant to Section 8 hereof.", "hash": "c713d1f2e569baec2d9e2b67c81f04f1", "id": 6}, {"size": 58, "snippet_links": [{"key": "agrees-to", "type": "clause", "offset": [15, 24]}, {"key": "to-the-borrower", "type": "definition", "offset": [30, 45]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [50, 74]}, {"key": "in-this-agreement", "type": "clause", "offset": [100, 117]}, {"key": "from-time-to-time", "type": "clause", "offset": [219, 236]}, {"key": "currency-conversion", "type": "clause", "offset": [247, 266]}, {"key": "in-accordance-with", "type": "clause", "offset": [267, 285]}, {"key": "proceeds-of-the-loan", "type": "clause", "offset": [375, 395]}, {"key": "the-program", "type": "clause", "offset": [410, 421]}, {"key": "section-ii", "type": "definition", "offset": [441, 451]}, {"key": "schedule-1", "type": "clause", "offset": [455, 465]}, {"key": "to-this-agreement", "type": "clause", "offset": [466, 483]}, {"key": "fee-payable", "type": "clause", "offset": [499, 510]}, {"key": "the-borrower-shall", "type": "clause", "offset": [514, 532]}, {"key": "equal-to", "type": "definition", "offset": [536, 544]}, {"key": "the-loan-amount", "type": "clause", "offset": [583, 598]}, {"key": "interest-payable", "type": "definition", "offset": [604, 620]}, {"key": "interest-period-shall", "type": "definition", "offset": [646, 667]}, {"key": "loan-currency", "type": "definition", "offset": [704, 717]}, {"key": "fixed-spread", "type": "definition", "offset": [727, 739]}, {"key": "conversion-of", "type": "clause", "offset": [763, 776]}, {"key": "principal-amount-of-the-loan", "type": "clause", "offset": [803, 831]}, {"key": "conversion-period", "type": "definition", "offset": [881, 898]}, {"key": "relevant-provisions", "type": "clause", "offset": [957, 976]}, {"key": "article-iv", "type": "definition", "offset": [980, 990]}, {"key": "the-general-conditions", "type": "clause", "offset": [994, 1016]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1018, 1047]}, {"key": "withdrawn-loan-balance", "type": "definition", "offset": [1070, 1092]}, {"key": "period-of", "type": "definition", "offset": [1154, 1163]}, {"key": "thirty-days", "type": "clause", "offset": [1164, 1175]}, {"key": "payment-dates", "type": "definition", "offset": [1310, 1323]}, {"key": "november-15", "type": "definition", "offset": [1339, 1350]}, {"key": "each-year", "type": "definition", "offset": [1354, 1363]}, {"key": "loan-shall", "type": "definition", "offset": [1393, 1403]}, {"key": "schedule-2", "type": "definition", "offset": [1451, 1461]}, {"key": "at-any-time", "type": "clause", "offset": [1502, 1513]}, {"key": "terms-of-the-loan", "type": "clause", "offset": [1562, 1579]}, {"key": "in-order-to", "type": "clause", "offset": [1580, 1591]}, {"key": "debt-management", "type": "definition", "offset": [1611, 1626]}, {"key": "a-change-of", "type": "definition", "offset": [1632, 1643]}, {"key": "currency-of", "type": "definition", "offset": [1653, 1664]}, {"key": "approved-currency", "type": "definition", "offset": [1753, 1770]}, {"key": "interest-rate-basis", "type": "definition", "offset": [1793, 1812]}, {"key": "applicable-to", "type": "definition", "offset": [1813, 1826]}, {"key": "variable-rate", "type": "definition", "offset": [1915, 1928]}, {"key": "fixed-rate", "type": "definition", "offset": [1934, 1944]}, {"key": "limits-on", "type": "clause", "offset": [1986, 1995]}, {"key": "rate-applicable", "type": "clause", "offset": [2009, 2024]}, {"key": "establishment-of", "type": "clause", "offset": [2116, 2132]}, {"key": "interest-rate-cap", "type": "definition", "offset": [2136, 2153]}, {"key": "interest-rate-collar", "type": "definition", "offset": [2157, 2177]}, {"key": "the-bank-shall", "type": "clause", "offset": [2291, 2305]}, {"key": "in-the-general", "type": "clause", "offset": [2347, 2361]}, {"key": "the-provisions-of-article", "type": "clause", "offset": [2415, 2440]}, {"key": "conversion-guidelines", "type": "definition", "offset": [2481, 2502]}, {"key": "execution-date", "type": "clause", "offset": [2531, 2545]}, {"key": "of-the-borrower", "type": "clause", "offset": [2716, 2731]}, {"key": "the-loan-account", "type": "clause", "offset": [2747, 2763]}, {"key": "pay-to", "type": "definition", "offset": [2768, 2774]}, {"key": "to-pay", "type": "clause", "offset": [2803, 2809]}, {"key": "premium-payable", "type": "definition", "offset": [2814, 2829]}, {"key": "for-the-purpose", "type": "clause", "offset": [2937, 2952]}, {"key": "section-iv", "type": "definition", "offset": [2969, 2979]}, {"key": "without-limitation-upon-the-provisions-of-paragraph", "type": "clause", "offset": [3019, 3070]}, {"key": "the-provisions-of-the", "type": "clause", "offset": [3186, 3207]}, {"key": "in-the-aggregate", "type": "definition", "offset": [3321, 3337]}, {"key": "without-limitation-upon-the-provisions-of-section", "type": "clause", "offset": [3585, 3634]}, {"key": "pursuant-to-paragraph-4", "type": "clause", "offset": [3686, 3709]}, {"key": "the-appendix", "type": "clause", "offset": [3727, 3739]}, {"key": "relating-to", "type": "definition", "offset": [3762, 3773]}, {"key": "cooperation-and-consultation", "type": "clause", "offset": [3774, 3802]}, {"key": "furnish-to-the-bank", "type": "clause", "offset": [3833, 3852]}, {"key": "such-information", "type": "definition", "offset": [3853, 3869]}, {"key": "article-ii", "type": "definition", "offset": [3905, 3915]}, {"key": "the-bank-may", "type": "clause", "offset": [3919, 3931]}, {"key": "reasonably-request", "type": "definition", "offset": [3952, 3970]}], "samples": [{"hash": "hBCr4whudfD", "uri": "/contracts/hBCr4whudfD#loan", "label": "Loan Agreement", "score": 21.0, "published": true}, {"hash": "behodFoJgJW", "uri": "/contracts/behodFoJgJW#loan", "label": "Loan Agreement", "score": 21.0, "published": true}], "snippet": "2.01. The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in this Agreement, the amount of one hundred and fifty million Dollars ($150,000,000), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.07 of this Agreement (\u201cLoan\u201d). The Borrower may withdraw the proceeds of the Loan in support of the Program in accordance with Section II of Schedule 1 to this Agreement. The Front-end Fee payable by the Borrower shall be equal to one quarter of one percent (0.25%) of the Loan amount. The interest payable by the Borrower for each Interest Period shall be at a rate equal to LIBOR for the Loan Currency plus the Fixed Spread; provided, that upon a Conversion of all or any portion of the principal amount of the Loan, the interest payable by the Borrower during the Conversion Period on such amount shall be determined in accordance with the relevant provisions of Article IV of the General Conditions. Notwithstanding the foregoing, if any amount of the Withdrawn Loan Balance remains unpaid when due and such non-payment continues for a period of thirty days, then the interest payable by the Borrower shall instead be calculated as provided in Section 3.02 (d) of the General Conditions. The Payment Dates are May 15 and November 15 in each year. The principal amount of the Loan shall be repaid in accordance with the provisions of Schedule 2 to this Agreement.\n(a) The Borrower may at any time request any of the following Conversions of the terms of the Loan in order to facilitate prudent debt management: (i) a change of the Loan Currency of all or any portion of the principal amount of the Loan, withdrawn or unwithdrawn, to an Approved Currency; (ii) a change of the interest rate basis applicable to all or any portion of the principal amount of the Loan withdrawn and outstanding from a Variable Rate to a Fixed Rate, or vice versa; and (iii) the setting of limits on the Variable Rate applicable to all or any portion of the principal amount of the Loan withdrawn and outstanding by the establishment of an Interest Rate Cap or Interest Rate Collar on the Variable Rate.\n(b) Any conversion requested pursuant to paragraph (a) of this Section that is accepted by the Bank shall be considered a \u201cConversion\u201d, as defined in the General Conditions, and shall be effected in accordance with the provisions of Article IV of the General Conditions and of the Conversion Guidelines.\n(c) Promptly following the Execution Date for an Interest Rate Cap or Interest Rate Collar for which the Borrower has requested that the premium be paid out of the proceeds of the Loan, the Bank shall, on behalf of the Borrower, withdraw from the Loan Account and pay to itself the amounts required to pay any premium payable in accordance with Section 4.05 (c) of the General Conditions up to the amount allocated from time to time for the purpose in the table in Section IV of Schedule 2 to this Agreement.\n2.08. Without limitation upon the provisions of paragraph (a) of Section 2.07 of this Agreement and unless otherwise notified by the Borrower to the Bank in accordance with the provisions of the Conversion Guidelines, the interest rate basis applicable to consecutive withdrawals from the Loan Account which in the aggregate equal fifteen million Dollars ($15,000,000) shall be converted from the initial Variable Rate to a Fixed Rate for the full maturity of such amount in accordance with the provisions of the General Conditions and of the Conversion Guidelines.\n2.09. Without limitation upon the provisions of Section 5.08 of the General Conditions (renumbered as such pursuant to paragraph 4 of Section II of the Appendix to this Agreement and relating to Cooperation and Consultation), the Borrower shall promptly furnish to the Bank such information relating to the provisions of this Article II as the Bank may, from time to time, reasonably request.", "hash": "ce7c341b532e7ab519be1fe199b9bb36", "id": 9}, {"size": 55, "snippet_links": [{"key": "the-loan", "type": "clause", "offset": [0, 8]}, {"key": "this-transaction", "type": "clause", "offset": [19, 35]}, {"key": "obligations-and-duties", "type": "clause", "offset": [57, 79]}, {"key": "terms-of", "type": "clause", "offset": [97, 105]}, {"key": "all-documents", "type": "definition", "offset": [106, 119]}], "samples": [{"hash": "jCyJH3Qaxm4", "uri": "/contracts/jCyJH3Qaxm4#loan", "label": "Commercial Loan Agreement (MusclePharm Corp)", "score": 23.7091026306, "published": true}, {"hash": "dxPhU6c4Uwf", "uri": "/contracts/dxPhU6c4Uwf#loan", "label": "Loan Agreement (Double Eagle Petroleum Co)", "score": 21.0, "published": true}, {"hash": "e1GeNKtdlVR", "uri": "/contracts/e1GeNKtdlVR#loan", "label": "Commercial Loan Agreement (Eldorado Artesian Springs Inc)", "score": 20.1163578033, "published": true}], "snippet": "The Loan refers to this transaction generally, including obligations and duties arising from the terms of all documents prepared or submitted for this transaction.", "hash": "c1ec4dfa5d9748548f7e0dc6b13f27fe", "id": 10}], "next_curs": "Ck0SR2oVc35sYXdpbnNpZGVyY29udHJhY3RzcikLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig1sb2FuIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"size": 7476, "title": "Loan", "parents": [["loan", "Loan"], ["the-loan", "The Loan"], ["definitions", "DEFINITIONS"], ["miscellaneous", "Miscellaneous"], ["loans", "Loans"]], "children": [["the-front", "The Front"], ["loan", "Loan"], ["interest", "Interest"], ["", ""], ["use-of-proceeds", "Use of Proceeds"]], "id": "loan", "related": [["the-loan", "The Loan", "The <strong>Loan</strong>"], ["loans", "Loans", "<strong>Loans</strong>"], ["term-loan", "Term Loan", "Term <strong>Loan</strong>"], ["loan-advances", "Loan Advances", "<strong>Loan</strong> Advances"], ["repayment-of-the-loan", "Repayment of the Loan", "Repayment of the <strong>Loan</strong>"]], "related_snippets": [], "updated": "2026-04-18T05:49:41+00:00", "also_ask": ["What are the essential terms that must be included in a loan clause to ensure enforceability?", "How can the loan clause be structured to maximize lender protections while remaining commercially reasonable?", "What are the most common negotiation points or pitfalls in loan clauses that could expose parties to undue risk?", "How do loan clause standards differ across jurisdictions or under different governing laws?", "What factors do courts consider when determining if a loan clause is unconscionable or otherwise unenforceable?"], "drafting_tip": "Specify loan amount and terms to ensure clarity; define repayment schedule to prevent disputes; include default remedies to protect lender interests.", "explanation": "A Loan clause defines the terms under which one party (the lender) provides money or assets to another party (the borrower) with the expectation of repayment, often with interest. This clause typically outlines the loan amount, repayment schedule, interest rate, and any collateral or security required. By clearly specifying these terms, the Loan clause ensures both parties understand their obligations and helps prevent disputes over repayment or loan conditions."}, "json": true, "cursor": ""}}