The Amount. The Individual will loan the Corporation a principal amount of $248,911. The date of the funding of such loan is the Loan Issue Date.
The Amount. The Initial Consolidated Bridge Loan is evidenced by the Initial Notes, the First Amendment Loan is evidenced by the First Amendment Notes and the Second Amendment Loan is evidenced by the Second Amendment Notes.
The Amount. 1.1 All Parties acknowledge that the Lender and its affiliate(s) have provided the Borrower with a loan in total of [*****]. Of the amount above, a total of [*****] has been provided to the Borrower 1, and twelve million and [*****] to the Borrower 2.
The Amount. No Improvements shall be commenced on the Property until the Developer has delivered to the City the Financial Guaranty in the form of a letter of credit in an amount equal to One Hundred Ninety Eight Five Hundred Fifty and 00/100 Dollars ($198,550.00) securing the full performance of the Improvements. The amount of the Financial Guaranty equals one hundred twenty-five percent (125%) of the total estimated cost of the Improvements, which amount includes but is not limited to, the second lift street improvements. The Financial Guaranty is not to be withdrawn or reduced in amount without the prior approval of the City Council. The City will reduce Financial Guaranty from time to time at the request of Developer with the approval of the City Engineer. At no time will the City reduce the Financial Guaranty for PINEVIEW ADDITION to less than One Hundred Thousand and No/100 Dollars ($100,000.00) until the Substantial Completion of Improvements have been completed. Upon the completion of the Improvements, other than the second lift street improvements, the Financial Guaranty will be reduced to Seventy-Five Thousand and No/100 Dollars ($75,000.00). Upon the completion of all Improvements, including the Second Lift, the Financial Guaranty shall be reduced to Twenty-Five Thousand and No/100 Dollars ($25,000.00) for two (2) years following the Final Completion Date and thereafter shall be terminated and returned to the Developer.
The Amount. Subject to the terms and conditions of this Agreement, the Lender shall make a term loan to the Borrower in the principal sum of $3,873,000. The Exempt Loan shall be evidenced by and shall be payable in accordance with the terms of the ESOP Note and the terms and conditions of this Agreement.
The Amount. TWO. The LENDER agrees to grant to the BORROWER, who agrees to receive, a Revolving Credit Facility, hereinafter the “CREDIT” in the amount of USD 70,000,000.00 (Seventy Million and 00/000 Xxxxxx Xxxxxx Dollars, Legal Currency of the United States of America), which does not include interest, expenses or commissions of any kind, which must be paid by the BORROWER to the LENDER. The BORROWER agrees that it may not draw down from the CREDIT when the amounts of the drawdowns that it intends to make, added to those already made, or that its affiliate M&G México Holding, S.A. de C.V. intends to make, exceed USD $190,000,000.00 (One Hundred Ninety Million and 00/100 United States Dollars, Legal Currency of the United States of America).
The Amount. The Consolidated Bridge Loan is evidenced by Amended, Restated and Consolidated Notes payable by Borrower to the order of each Lender, each such Note in the form of Exhibit B attached hereto and each such Note in the original principal amount equal to such Lender's Total Commitment (each a "Note" and collectively, "Notes").
The Amount. The final Subdivision shall not be approved and no work shall be commenced under this Contract until the Developer has deposited with the City a Financial Guaranty in the total amount of Four Thousand Six Hundred Seventy-five and 00/100 Dollars ($4,675.00) securing the full performance of this Development Contract. The Developer shall furnish the City with the Financial Guaranty from a bank or lending institution acceptable to the City. The amount of the Financial Guaranty was calculated as follows: A - IMPROVEMENTS Item Amount Street Identification/Traffic Control Signs Installed with 0xx Xxxxxxxx Xxxxxx Lights Installed with 1st Addition Lot Corners $1,000 Subdivision Monuments N/A Mail Box Support Structures Installed with 1st Addition Tree Protection Guarantee $2,675 Erosion Control Performed with 1st Addition R/W Grading Performed with 1st Addition Restoration Performed with 1st Addition Conservation Easement Signs $1,000 TOTAL $4,675 This breakdown is for historical reference only. It is not a restriction on the use of the Financial Guaranty. The bank or financial institution and the form of the Financial Guaranty shall be subject to the approval of the City Finance Director and City Attorney. The bank or financial institution must have a business office for presentment of the Financial Guaranty within the Minnesota seven county Metropolitan Area. The City may draw down the Financial Guaranty to pay for all costs and expenses incurred by the City to enforce this Contract including the costs incurred by the City in connection with the collection of the Financial Guaranty. Such costs to include any remediation or completion of Improvements. If the Financial Guaranty is drawn down, the proceeds shall be used to cure the default and, to the extent possible, reimburse the City its costs and expenses.
The Amount. The total loan amount under this loan: RMB ten million (10,000,000.00) yuan exactly.
The Amount owing to a creditor is likely to fluctuate over time, increasing and decreasing depending on the payment made and the goods or services provided.
