PAYMENTS UNDER THE LOAN AGREEMENT Sample Clauses

PAYMENTS UNDER THE LOAN AGREEMENT. 10.1 The Recipient of the Loan shall pay the amount of the Loan, the Interest and other fees under the approved schedule of the Loan Agreement. 10.2 The Interest shall be calculated on the amount of the Loan from the day (inclusive) when the Loan is transferred to the Recipient of the Loan (or to other entities than the recipient of the Loan). 10.3 The amount payable by the Recipient of the Loan shall consist of the amount of the Loan payable tothe Lenders, the Interest, late payment fees and the amount of the Loan, the Interest (when the Organizer has provided at least part of the Loan amount), the Administration fee, Contract fee, late payment fee payable to the Organizer. 10.4 The Recipient of the Loan shall repay the loan of the Loan and pay the Interest, the Contract Fee and the Monthly Administration Fee and make other payments in accordance with the Loan repayment schedule. The Loan repayment schedule shall be provided to the Recipient of the Loan in a durable medium and additionally uploaded in the unique account of the Recipient of the Loan. 10.5 The Interest income earned by the Lenders by lending funds via the Website shall be taxable and declared according to the legislation of the place of residence of the Lender. The Organizer shall not and may not be liable for proper execution of the liabilities related to taxation of income. 10.6 The Recipient of the Loan, under the Consumer Agreement, must first pay the Contract Fee the due date of which shall be 5 calendar days from the date of transfer of the amount of the Loan. If the date of receipt of the amount of the Loan is later than the date of the transfer, the Recipient of the Loan shall pay the Contract Fee from the date of receipt of the amount of the Loan. The Recipient of the Loan shall be aware of the moment of disbursement of the Loan, i.e. after disbursement of the funds, the Recipient of the Loan shall be notified by e-mail.
Sample 1Sample 2See All (12)
AutoNDA by SimpleDocs
PAYMENTS UNDER THE LOAN AGREEMENT. 8.1 The Recipient of the Loan shall pay the amount of the Loan, the Interest and other fees under the approved schedule of the Loan Agreement. 8.2 The Interest shall be calculated on the amount of the Loan from the day (inclusive) when the Loan is transferred to the Recipient of the Loan (or to other entities than the recipient of the Loan). 8.3 The amount payable by the Recipient of the Loan shall consist of the amount of the Loan payable tothe Lenders, the Interest, late payment fees and the amount of the Loan, the Interest (when the Organizer has provided at least part of the Loan amount), the Administration fee, Contract fee, late payment fee payable to the Organizer. 8.4 The Recipient of the Loan shall repay the loan of the Loan and pay the Interest, the Contract Fee and the Monthly Administration Fee and make other payments in accordance with the Loan repayment schedule. The Loan repayment schedule shall be provided to the Recipient of the Loan in a durable medium and additionally uploaded in the unique account of the Recipient of the Loan. 8.5 The Interest income earned by the Lenders by lending funds via the Website shall be taxable and declared according to the legislation of the place of residence of the Lender. The Organizer shall not and may not be liable for proper execution of the liabilities related to taxation of income.
Sample 1
PAYMENTS UNDER THE LOAN AGREEMENT. 1.89. The Borrower shall pay the Loan Amount, Interest and other fees according to the approved Loan repayment schedule and Service Rates. 1.90. The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Borrower's NS Pay Account or to such other account (or accounts) as notified by the Borrower to the Operator in writing prior to the disbursement of the Loan Amount. 1.91. The amount payable by the Borrower shall comprise the following: the Loan Amount to be repaid to the Investors, Interest, penalty charges and other payments openly published on the Platform. 1.92. The Borrower shall repay the Loan Amount and pay Interest according to the Loan repayment schedule. All the payments under the Loan Agreement shall be made by the Borrower itself.
Sample 1

Related to PAYMENTS UNDER THE LOAN AGREEMENT

  • Payments Under Loan Documents The Borrower shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation or any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents on the date on which such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;

  • Continuing Security Interest; Assignments under the Credit Agreement This Agreement shall create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Secured Obligations, (ii) the Termination Date and (iii) the termination or expiration of all Letters of Credit and all Secured Hedge Agreements, (b) be binding upon each Grantor, its successors and assigns and (c) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), any Lender Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Advances owing to it and the Note or Notes, if any, held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Lender Party herein or otherwise, in each case as provided in Section 8.07 of the Credit Agreement.

  • Continuing Guaranty; Assignments under the Credit Agreement This Guaranty is a continuing guaranty and shall (a) remain in full force and effect until the latest of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Guaranty, (ii) the Maturity Date and (iii) the latest date of expiration, termination or Cash Collateralization or provision of Credit Support therefor of all Letters of Credit and the expiration or termination of all Secured Hedge Agreements, (b) be binding upon each Guarantor, its successors and assigns and (c) inure to the benefit of and be enforceable by the Secured Parties and their successors, transferees and assigns. Without limiting the generality of clause (c) of the immediately preceding sentence, any Secured Party may assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement (including, without limitation, all or any portion of its Commitments, the Loans owing to it and the Note or Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party herein or otherwise, in each case as and to the extent provided in Section 10.07 of the Credit Agreement. Subject to Section 7.04 of the Credit Agreement, no Guarantor shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Secured Parties.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • Performance of Obligations under Loan Documents The Borrower will pay the Notes according to the reading, tenor and effect thereof, and the Borrower will, and will cause each Subsidiary to, do and perform every act and discharge all of the obligations to be performed and discharged by them under the Loan Documents, including, without limitation, this Agreement, at the time or times and in the manner specified.

  • Obligations Under the Guaranty The undersigned hereby agrees, as of the date first above written, to be bound as a Guarantor by all of the terms and conditions of the Guaranty to the same extent as each of the other Guarantors thereunder. The undersigned further agrees, as of the date first above written, that each reference in the Guaranty to an “Additional Guarantor” or a “Guarantor” shall also mean and be a reference to the undersigned, and each reference in any other Loan Document to a “Guarantor” or a “Loan Party” shall also mean and be a reference to the undersigned.

  • Payments under this Agreement In the event that one party (the “Owing Party”) is required to make a payment to another party (the “Owed Party”) pursuant to this Agreement, then such payments shall be made according to this Section 7.05.

  • Persons Having Rights Under the Agreement Nothing in this Agreement shall give to any person other than the Company, the Warrant Agent and the holders of the Warrant Certificates any right, remedy or claim under or by reason of this Agreement.

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

  • Payments to the Liquidity Provider Under the Intercreditor Agreement In order to provide for payment or repayment to the Liquidity Provider of any amounts hereunder, the Intercreditor Agreement provides that amounts available and referred to in Articles II and III of the Intercreditor Agreement, to the extent payable to the Liquidity Provider pursuant to the terms of the Intercreditor Agreement (including, without limitation, Section 3.6(f) of the Intercreditor Agreement), shall be paid to the Liquidity Provider in accordance with the terms thereof. Amounts so paid to the Liquidity Provider shall be applied by the Liquidity Provider to Liquidity Obligations then due and payable in accordance with the Intercreditor Agreement or, if not provided for in the Intercreditor Agreement, then in such manner as the Liquidity Provider shall deem appropriate.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!