Making of the Loan. Subject to the terms and conditions set forth in this Agreement, including Section 2.15., each Lender party hereto on the Agreement Date severally and not jointly agrees to make its portion of the Loan to the Borrower on the Effective Date, in a principal amount equal to such Lender’s Commitment. Amounts of the Loan (including any Additional Loan Advances) that are repaid may not be reborrowed.
Making of the Loan. In accordance with terms and provisions set forth herein the Lender shall make a loan to the Borrower in US Dollars in the maximum principal amount up to USD$ 100,000 (one hundred thousand) (hereinafter the “Loan”). The Borrower undertakes to accept the Loan and to repay to the Lender all received principal amount of the Loan and all accrued interest thereon within the period of time stipulated herein.
Making of the Loan. The Issuer hereby makes a loan to the Borrower in the principal amount of the Series 2021 Bonds. The Loan shall be deemed to have been made when the proceeds of the original sale of the Series 2021 Bonds are delivered to the Trustee at the direction of the Issuer. Such proceeds shall be apportioned by the Trustee and deposited in the funds established pursuant to Section 4.03 of the Indenture.
Making of the Loan. (i) Lender, relying upon each of the representations and warranties set out in Section 5, hereby agrees with Borrower that, subject to and upon the terms of this Agreement, it shall make the Loan available to the Borrower, it being understood that the Loan will be made available in a single advance on the Closing Date. Borrower may prepay the Loan without penalty or premium.
Making of the Loan. Each of the Lenders, relying upon each of the representations and warranties set out in Section 2, hereby severally and not jointly agrees with the Borrower that, subject to and upon the terms of this Agreement, it will on the Drawdown Date make the Loan available through the Administrative Agent to the Borrower in an aggregate amount not to exceed its Commitment ratably with the other Lenders according to their respective Commitments.
Making of the Loan. Lender hereby grants Borrower and Borrower hereby accepts accordingly, a simple credit facility -hereinafter the “Loan”- for up to the amount of TWO HUNDRED AND FIFTY MILLION DOLLARS, LAWFUL CURRENCY OF THE UNITED STATES OF AMERICA, which is exclusive of interests, expenses and commissions of any kind which Borrower is required to pay to Lender.
Making of the Loan. 4.4.1. Subject to the terms of this Agreement, on Financial Close, each Lender advanced to the Facility Agent, to the account notified to it in writing by the Facility Agent, and the Facility Agent advanced to the Borrower, to the Borrower Charged Account, each Lender’s Proportion of the Loan (in its amount as at Financial Close) drawn down.
4.4.2. Intentionally Deleted.
Making of the Loan. Each of the Lenders, relying upon each of the representations and warranties set out in Section 2, hereby severally and not jointly agrees with the Borrower that, subject to and upon the terms of this Agreement, it will on the Drawdown Date make its portion of the relevant Tranche available through the Facility Agent to the Borrower on the Drawdown Date in an amount not to exceed its Commitment in respect of a Tranche ratably with the other Lenders according to their respective Commitments for such Tranche. The Loan will be made available in a single advance on the Drawdown Date, and any amount of the Loan that is not drawn by the Drawdown Date shall be terminated.
Making of the Loan. The making of the Loan will not cause or constitute an Event of Default or Pre-Default Event.
Making of the Loan. The Issuer hereby makes to the Borrower and agrees to fund, and the Borrower hereby accepts from the Issuer, upon the terms and conditions set forth herein, the Loan and agrees to have the proceeds of the Loan applied and disbursed in accordance with the provisions of this Loan Agreement and the Disbursement Agreement.
