TERMS AND CONDITIONS OF THE LOAN. During the term of this Agreement: (a) interest can be paid at the agreed upon rate and time, provided that the payment of such interest does not result in a capital deficiency under NI 31-103; (b) any loan or advance or posting of security for a loan or advance by the Registered Firm to the Lender, shall be deemed to be a payment on account of the Loan.
Appears in 5 contracts
Samples: Subordination Agreement, Subordination Agreement, Subordination Agreement
