Common use of The Construction and Term Loan Commitment Clause in Contracts

The Construction and Term Loan Commitment. On the terms and conditions set forth in the MLA and this Supplement, Farm Credit agrees to make construction loans to the Company from time to time during the period set forth below in an aggregate principal amount not to exceed, at any one time outstanding, $39,000,000.00 (the “Commitment”). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.

Appears in 1 contract

Samples: Construction and Term Loan Supplement (Lincolnway Energy, LLC)

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The Construction and Term Loan Commitment. On the terms and conditions set forth in the MLA and this Supplement, Farm Credit agrees to make construction loans to the Company from time to time during the period set forth below in an aggregate principal amount not to exceed, at any one time outstanding, $39,000,000.00 55,650,000.00 (the “Commitment”). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.

Appears in 1 contract

Samples: Construction and Term Loan Supplement (Advanced BioEnergy, LLC)

The Construction and Term Loan Commitment. On the terms and conditions set forth in the MLA and this Supplement, Farm Credit agrees to make construction loans to the Company from time to time during the period set forth below in an aggregate principal amount not to exceed, at any one time outstanding, $39,000,000.00 10,000,000.00 (the “Commitment”). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.

Appears in 1 contract

Samples: Construction and Term Loan Supplement (Western Iowa Energy, L.L.C.)

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The Construction and Term Loan Commitment. On the terms and conditions set forth in the MLA and this Supplement, Farm Credit agrees to make construction loans to the Company from time to time during the period set forth below in an aggregate principal amount not to exceed, at any one time outstanding, $39,000,000.00 58,250,000.00 (the “Commitment”). Under the Commitment, amounts borrowed and later repaid may not be reborrowed.

Appears in 1 contract

Samples: Construction and Term Loan Supplement (Advanced BioEnergy, LLC)

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