Term Loan F. (i) In the absence of an Event of Default or Default hereunder, each Singapore Dollar Loan comprising Term Loan F shall bear interest at the Singapore Dollar Offer Rate for such Singapore Dollar Loan plus 250 basis points (2.50%), payable by the Borrower on the last day of the applicable Interest Period and upon maturity of Term Loan F. Upon and following the Supplemental Credit Facility Payment Date, and provided that no Event of Default or Default has occurred hereunder, interest on the outstanding principal of each Singapore Dollar Loan shall accrue at the Singapore Dollar Offer Rate for such Singapore Dollar Loan plus 200 basis points (2.00%). In each case, interest shall be calculated on the basis of a 360-day year and the actual number of days elapsed.
Term Loan F. From and after the effective date of the Third Amendment, until July 15, 2002, the Borrower may make draws under a term loan facility up to a maximum principal amount of Singapore $1,700,000 ("Term Loan F"). The Bank will make an initial advance of Singapore $700,000 to the Borrower under Term Loan F on the effective date of the Third Amendment. The balance of Term Loan F will be advanced to the Borrower pursuant to draws by the Borrower in accordance with Schedule 1 to the Third Amendment. Not more than two draw requests may be made by the Borrower during any draw period. The Borrower shall give the Bank not less than three (3) Business Days written notice of (A) any proposed borrowing of a Singapore Dollar Loan and (B) the conversion of a Singapore Dollar Loan into another Singapore Dollar Loan. In the case of a borrowing of a Singapore Dollar Loan, each such notice shall specify (A) the date of such borrowing, which shall be within the related draw period as set forth in Schedule 1 to the Third Amendment, (B) the amount of such borrowing, which shall not cause the total amount of Singapore Dollar Loans to exceed the amount for the related draw period set forth in the "Cumulative Amount" column of Schedule 1 to the Third Amendment, (C) the Interest Period for such Singapore Dollar Loan, and (D) instructions regarding where the Bank should deposit or transfer the proceeds of such borrowing to or for the account of the Borrower. In the case of a conversion of a Singapore Dollar Loan, each such notice shall specify (A) the date of such conversion, which shall be on the last day of the Interest Period for such Singapore Dollar Loan, and (B) the Interest Period for the new Singapore Dollar Loan into which the old Singapore Dollar Loan is to be converted. Each notice of borrowing or conversion shall be irrevocable and binding upon the Borrower. Any amounts of Term Loan F that are repaid or prepaid may not be reborrowed hereunder. All Singapore Dollar Loans will be advanced by the Bank from its offices in London, England.
Term Loan F. The indebtedness of the Borrower under Term Loan F shall be evidenced by Term Note F.
Term Loan F. The initial advance of Singapore $700,000 under Term Loan F shall be applied to reduce or pay off the outstanding advances under the Revolving Credit Facility that were previously used by the Borrower to pay a portion of the purchase price for the acquisition of Lectret Precision Pte. Ltd. by
Term Loan F. (i) In the absence of an Event of Default or Default hereunder, each Singapore Dollar Loan comprising Term Loan F shall bear interest at the Singapore Dollar Offer Rate for such Singapore Dollar Loan plus 150 basis points (1.50%), payable by the Borrower on the last day of the applicable Interest Period and upon the maturity of Term Loan F. Interest shall be calculated on the basis of a 360-day year and the actual number of days elapsed.
Term Loan F. Subject to the terms and conditions set forth herein, each Lender severally made, on December 5, 2014, its portion of a separate FORTY MILLION DOLLAR ($40,000,000) term loan (identified as Loan 6219592-104 by NWFCS) to the Borrowers in Dollars (“Term Loan F”).
Term Loan F. (a) TERM LOAN F. Bank has made a loan to Borrower in the original principal amount of Three Million Dollars ($3,000,000.00) ("Term Loan F"), on which the outstanding principal balance as of the date hereof is Two Million Two Hundred Thousand Dollars ($2,200,000.00). Borrower's obligation to repay Term Loan F is evidenced by a promissory note substantially in the form of Exhibit G attached hereto ("Term Note F"), all terms of which are incorporated herein by this reference. Any reference in Term Note F to any prior loan agreement between Bank and Borrower shall be deemed a reference to this Agreement. Subject to the terms and conditions of this Agreement, Bank hereby confirms that Term Loan F remains in full force and effect.
Term Loan F. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make a loan to Borrower in the principal amount of Two Million Dollars ($2,000,000.00) ("Term Loan F"), the proceeds of which shall be used for financing real properties. Borrower's obligation to repay Term Loan F shall be evidenced by a promissory note substantially in the form of Exhibit G attached hereto ("Term Note F"), all terms of which are incorporated herein by this reference. Bank's commitment to grant Term Loan F shall terminate on July 15, 1998.
Term Loan F. Subject to the terms and conditions set forth herein, each Lender severally agrees to make, on the Restatement Date, its portion of a separate FORTY MILLION DOLLAR ($40,000,000) term loan (identified as Loan 6219592-104 by NWFCS) to the Borrowers in Dollars in an amount not to exceed such Lender’s Term Loan F Commitment (“Term Loan F”).
