Common use of The ESOP Loan Clause in Contracts

The ESOP Loan. 1.1 Subject to the terms set forth herein, the Lender agrees to lend to the Borrower the Principal Amount, or such portion of the Principal Amount as the Borrower elects to receive from time to time under Section 1.2 of this Second Agreement (the “Loan”).

Appears in 3 contracts

Samples: Esop Loan Agreement (Farmer Brothers Co), Esop Loan Agreement (Farmer Brothers Co), Esop Loan Agreement (Farmer Brothers Co)

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The ESOP Loan. 1.1 Subject to the terms set forth herein, the Lender agrees to lend to the Borrower the Principal Amount, or such portion of the Principal Amount as the Borrower elects to receive from time to time under Section 1.2 of this Second Agreement (the "Loan").

Appears in 1 contract

Samples: Esop Loan Agreement (Farmer Brothers Co)

The ESOP Loan. 1.1 Subject to the terms set forth herein, the Lender agrees to lend to the Borrower the Principal Amount, or such portion of the Principal Amount as the Borrower elects to receive from time to time under Section 1.2 of this Second Agreement (the “Loan”).

Appears in 1 contract

Samples: Esop Pledge Agreement (Farmer Brothers Co)

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The ESOP Loan. 1.1 Subject to the terms set forth herein, the Lender agrees to lend to the Borrower the Principal Amount, or such portion of the Principal Amount as the Borrower elects to receive from time to time under Section 1.2 of this Second Agreement (the "Loan").

Appears in 1 contract

Samples: Esop Pledge Agreement (Farmer Brothers Co)

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