Single Disbursement to Borrower. Borrower shall receive only one borrowing hereunder in respect of the Loan and any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed.
Single Disbursement to Borrower. Borrower may request and receive only one (1) borrowing hereunder in respect of the Loan and any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed. Borrower acknowledges and agrees that the Loan has been fully funded as of the Closing Date.
Single Disbursement to Borrower. The principal amount of the Loan shall be advanced to Borrower in one advance on the Closing Date. Any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed. Borrower acknowledges and agrees that the Loan has been fully funded as of the Closing Date.
Single Disbursement to Borrower. Xxxxxxxx may request and receive only one borrowing hereunder in respect of the Loan and any amount borrowed and repaid hereunder in respect of the Loan may not be re-borrowed. Xxxxxxxx acknowledges and agrees that (i) the Loan has been fully funded as of the Closing Date, and (ii) the Earn-Out Aggregate Amount deposited into the Earn-Out Reserve Account on the Closing Date shall constitute a portion of the Principal Indebtedness as of the Closing Date.
Single Disbursement to Borrower. (a) Borrower shall receive only one borrowing hereunder in respect of the Initial Advance and the First Future Funding Advance.
(b) The Initial Advance, the First Future Funding Advance and each other Future Advance and any other amount borrowed and repaid hereunder in respect of the Loan may not be re-borrowed.
Single Disbursement to Borrower. 15 2.1.3 THE NOTE..................................................................................... 15 2.1.4 USE OF PROCEEDS.............................................................................. 15 Section 2.2 Interest Rate................................................................................ 16 2.2.1 INTEREST RATE................................................................................ 16 2.2.2 DEFAULT RATE................................................................................. 16 2.2.3
Single Disbursement to Borrower. 16 2.1.3 The Note.....................................................16 2.1.4 Use of Proceeds..............................................17 2.1.5 Modification of Components...................................17 Section 2.2 Interest Rate................................................17 2.2.1 Interest Rate................................................17 2.2.2 Intentionally Omitted........................................17 2.2.3 Default Rate.................................................17 2.2.4 Interest Calculation.........................................17 2.2.5 Usury Savings................................................17 Section 2.3 Loan Payments................................................18 2.3.1 Payment......................................................18 2.3.2
Single Disbursement to Borrower. (a) Each disbursement hereunder (whether made prior to the date hereof or after the date hereof) in respect of the Loan may not be re-borrowed.
Single Disbursement to Borrower. Borrower may request and receive only one borrowing hereunder in respect of the Initial Advance and each Future Advance. Any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed.
