Common use of TERMS OF THE LOAN AND DISBURSEMENT Clause in Contracts

TERMS OF THE LOAN AND DISBURSEMENT. Section 2.01. The Loan. Simultaneously with the execution and delivery of the Financing Documents on the Closing Date, and subject to the terms and conditions of all of the Financing Documents, the Administration agrees to make the Loan to the Borrower and the Borrower agrees to accept the Loan under the Xxxxxx Loan Program.

TERMS OF THE LOAN AND DISBURSEMENT. Section 2.01. The T he Loan. Simultaneously with the execution and delivery of the Financing Documents on the Closing Date, and subject to the terms and conditions of all of the Financing Documents, the Administration agrees to make the Loan to the Borrower and the Borrower agrees to accept the Loan under the Xxxxxx Loan Program.