Common use of Term Loan Advance Clause in Contracts

Term Loan Advance. Subject to the terms and conditions of this Agreement, Lender hereby agrees to make a loan to Borrower (the “Term Loan”) on the Closing Date in the amount of Six Hundred Thousand Dollars ($600,000), which amount may be repaid at any time prior to the Maturity Date without premium or penalty, but may not be reborrowed once repaid.

Term Loan Advance. Subject to the terms and conditions of this Agreement, the Lender hereby agrees to make a loan to Borrower (the “"Term Loan”") on the Closing Date in the aggregate amount of Six One Million Seven Hundred Fifty Thousand Dollars ($600,000US$1,750,000), which amount may be repaid at any time prior to the Maturity Date without premium or penalty, but may not be reborrowed once repaid.

Term Loan Advance. Subject to the terms and conditions of this Agreement, each Lender hereby hereby, severally and not jointly, agrees to make a loan to Borrower (the “"Term Loan”") on the Closing Date in the aggregate amount of Six Eight Hundred Thousand Dollars ($600,000U.S.$800,000), which amount may be repaid at any time prior to the Maturity Date without premium or penalty, but may not be reborrowed once repaid.

Term Loan Advance. Subject to the terms and conditions of this Agreement, each Lender hereby hereby, severally and not jointly, agrees to make a loan to Borrower (the “Term Loan”) on the Closing Date in the amount of Six Five Hundred Thousand Dollars ($600,000U.S.$500,000), which amount may be repaid at any time prior to the Maturity Date without premium or penalty, but may not be reborrowed re-borrowed once repaid.