Quote. The Lender shall make available to the Borrower a loan in the lawful currency of the United States of America (“USD” or “US Dollar” or “Loan Currency”) not exceeding the aggregate (“Loan”) of · USD 8,125,194.34 (in words: US Dollar eight million one hundred twenty-five thousand one hundred and ninety-four 34/100) being a loan part 1 (“Loan Part 1”) and representing 85% of the Eligible USD Contract Value plus · the USD equivalent of EUR 26,799,766.16 (in words: Euro twenty-six million seven hundred and ninety-nine thousand seven hundred and sixty-six 16/100) being a loan part 2 (“Loan Part 2”) and representing 85% of the Eligible EUR Contract Value, such Loan Part 1 and Loan Part 2 consisting of · USD 4,740,601.31 (in words: US Dollar four million seven hundred forty thousand six hundred and one 31/100) being the initial loan part 1 (“Initial Loan Part 1”) and representing 85% of the Initial Eligible USD Contract Value plus · the USD equivalent of EUR 11,990,239.32 (in words: Euro eleven million nine hundred and ninety thousand two hundred and thirty nine 32/100) being the initial loan part 2 (“Initial Loan Part 2”) and representing 85% of the Initial Eligible EUR Contract Value plus · USD 3,384,593.03 (in words: US Dollar three million three hundred eighty-four thousand five hundred and ninety-three 3/100) being the additional loan part 1 (“Additional Loan Part 1”) and representing 85% of the Additional Eligible USD Contract Value plus · the USD equivalent of EUR 14,809,526.84 (in words: Euro fourteen million eight hundred and nine thousand five hundred and twenty-six 84/100) being the additional loan part 2 (“Additional Loan Part 2”) and representing 85% of the Additional Eligible EUR Contract Value. The USD equivalent under Loan Part 2 shall be calculated at the Applicable Exchange Rate as defined in Sub-Article 2.2 hereof but in any case the Loan shall not exceed USD 44,304,878.65 (in words: US Dollar forty-four million three hundred and four thousand eight hundred and seventy-eight 65/100). UNQUOTE
Appears in 3 contracts
Samples: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)
Quote. The Lender shall make available to the Borrower a loan in the lawful currency of the United States of America (“USD” or “US Dollar” or “Loan Currency”) not exceeding the aggregate (“Loan”) of · USD 8,125,194.34 6,113,624.74 (in words: US Dollar eight six million one hundred thirteen thousand six hundred and twenty-five thousand one hundred and ninety-four 34/10074/100) being a loan part 1 (“Loan Part 1”) and representing 85% of the Eligible USD Contract Value plus · the USD equivalent of EUR 26,799,766.16 28,531,800.20 (in words: Euro twenty-six eight million seven five hundred and ninetythirty-nine one thousand seven eight hundred and sixty-six 16/10020/100) being a loan part 2 (“Loan Part 2”) and representing 85% of the Eligible EUR Contract Value, such Loan Part 1 and Loan Part 2 consisting of · USD 4,740,601.31 (in words: US Dollar four million seven hundred forty thousand six hundred and one 31/100) being the initial loan part 1 (“Initial Loan Part 1”) and representing 85% of the Initial Eligible USD Contract Value plus · USD 15,441,347.69 being the USD equivalent of EUR 11,990,239.32 (in words: Euro eleven million nine hundred and ninety thousand two hundred and thirty nine 32/100) being the initial loan part 2 (“Initial Loan Part 2”) and representing 85% of the Initial Eligible EUR Contract Value plus · USD 3,384,593.03 1,373,023.43 (in words: US Dollar three one million three hundred eightyseventy-four three thousand five hundred and ninetytwenty-three 3/10043/100) being the additional loan part 1 (“Additional Loan Part 1”) and representing 85% of the Additional Eligible USD Contract Value plus · the USD equivalent of EUR 14,809,526.84 16,541,560.88 (in words: Euro fourteen sixteen million eight five hundred and nine forty-one thousand five hundred and twenty-six 84/100sixty 88/100) being the additional loan part 2 (“Additional Loan Part 2”) and representing 85% of the Additional Eligible EUR Contract Value. The USD equivalent under Loan Part 2 shall be calculated at the Applicable Exchange Rate as defined in Sub-Article 2.2 hereof but in any no case the Loan shall not exceed USD 44,304,878.65 (in words: US Dollar forty-four million three hundred and four thousand eight hundred and seventy-eight 65/100). UNQUOTE
Appears in 3 contracts
Samples: Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.), Loan Agreement (Canuelas Mill S.A.C.I.F.I.A.)
