Terms of Loan Agreement Sample Clauses

Terms of Loan Agreement. 1. It is understood that the objects in this loan will remain in the condition received and will not be repaired, restored, cleaned, or altered in any way without the permission of the museum. The condition is understood to be as stated on the form.
Sample 1
AutoNDA by SimpleDocs
Terms of Loan Agreement. The borrower shall: agree that ORAU/ORISE/DOE will not be responsible for injuries to participating teachers or students that are not caused by the negligence of ORAU/ORISE employees. agree to utilize the loaned materials and equipment as described above and in the submitted proposal. agree to return the loaned item(s) in like condition as received from the Lender, normal wear and tear excepted, and free of contamination, on or before the expiration date, unless the loan period is formally extended or the loan is terminated before the due date. agree to report all cases of loaned property loss or damage to the Lender. agree to not allow the program property to be modified, loaned, or transferred to a third party without the written permission of the Lender. understand and acknowledge that this is United States Government Property. Title to the property is vested in and will remain with the United States and the property shall be used only for official purposes. understand the Lender reserves the right to cancel to recall the loaned property upon 30 days notice. _______________________________ ___________________________________ ____________ Teacher Name Signature Date _______________________________ ___________________________________ ____________ Principal Name Signature Date _____________________________________________
Sample 1
Terms of Loan Agreement. THE “LENDER” intends to Loan a total Euro KNOWN AS THE LOAN AMOUNT), which is an Investor private wealth and not a bank loan, to his “BORROWER” for into the profitable business of the fund BORROWER’S choice in his country.
Sample 1
Terms of Loan Agreement 
Sample 1Sample 2

Related to Terms of Loan Agreement

  • Terms of Loan (a) The General Partner may, but need not, advance monies from time to time to the Partnership to meet any necessary cash requirements of the Partnership including, but not limited to, operating expenses of the Partnership or the payment of principal and interest required under any note. The aggregate amount of such advances to the Partnership shall become an obligation of the Partnership to the General Partner and shall be payable out of the gross income of the Partnership together with simple interest on a monthly basis at a rate equal to the Xxxxxx Bank and Trust Company of Chicago’s prime rate in effect from time-to-time plus one percent (1%) per annum (the “Loan Rate”). All such loans from the General Partner, and all repayments of such loans to the General Partner, shall be in cash and not in promissory notes, other property or services. The repayment of such loan shall be at a time, in the discretion of the General Partner, that there is sufficient cash flow from the operation of the Partnership to permit such repayment without impairing the solvency of the Partnership, provided that any such unpaid advances shall become immediately due and payable upon termination and dissolution of the Partnership. Notwithstanding the foregoing, no payment of interest on any such loan from the General Partner shall be paid by the Partnership if and while payments of First Tier Distributions as defined and provided for in Section 15.2 below are not current, and no repayment of principal shall be made to the General Partner for any such loan if and while payments of First Tier Distributions or Second Tier Distributions as defined and provided for in Section 15.2 below are not current. If and to the extent that there is sufficient cash flow as required above to repay such advances, such repayment to the General Partner shall be made on or before the fifteenth day after the end of each quarter.

  • Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:

  • Reaffirmation of Loan Agreement Except as modified by the terms hereof, all of the terms and conditions of the Loan Agreement, as amended, and all other of the Existing Financing Agreements are hereby reaffirmed and shall continue in full force and effect as therein written.

  • Term Loan Agreement An Event of Default (as defined in the Term Loan Agreement) shall occur.

  • Modification of Loan Documents At any time or from time to time and any number of times, without notice to Guarantor and without affecting the liability of Guarantor, all of the following will apply:

  • Modification of Loan Documents, etc Neither the Administrative Agent nor any other Secured Party shall incur any liability to any Guarantor as a result of any of the following, and none of the following shall impair or release this Guaranty or any of the obligations of any Guarantor under this Guaranty:

  • Amendment of Loan Documents Grantor authorizes Bank, without notice or demand and without affecting its liability hereunder, from time to time to (a) renew, extend, or (with the approval of Borrower) otherwise change the terms of any Loan Document, or any part thereof; (b) take and hold security for the payment of any Loan Document, and exchange, enforce, waive and release any such security; and (c) apply such security and direct the order or manner of sale thereof as Bank in its sole discretion may determine.

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • of the Loan Agreement Section 1.1 of the Loan Agreement is hereby amended as follows:

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.