Type and Amount of Loan Sample Clauses

Type and Amount of Loan. The Lender, according to the application of the Borrower, agrees to issue category loan listed as below, the amount is RMB 1,600,000. (Amount in words: RMB One Million Six Hundred Thousand). (In the event of any discrepancy between the word and Arabic numerals amount, the word shall prevail).
Sample 1
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Type and Amount of Loan. Subject to the satisfaction of the terms and conditions hereof and at the discretion of the Lender, and in reliance on the representations and warranties contained herein and in the other Loan Documents (as hereinafter defined), the Lender agrees to furnish the Loan to the Borrower, to be secured by, among other things, (a) a first mortgage (the “Mortgage”) encumbering the Borrower’s fee simple ownership of the real property commonly known as 1100-1114 Kings Highway, 2000-0000 Xxxxx Xxxxxx Xxxxxx and 2091-2097 Coney Island, Brooklyn, New York and being more particularly described in Schedule A attached hereto and the buildings and other improvements now or hereafter located thereon (the “Property”). The Loan shall be used to (a) refinance existing debt on the Property, and (b) pay related closing expenses.
Sample 1
Type and Amount of Loan. The Lender, according to the application of the Borrower, agrees to issue category E oan listed as below, the amount is RMB 1,800,000. (Amount in words: RMB One Million Eight Hundred Thousand). (In the event of any discrepancy between the word and Arabic numerals amount, the word shall prevail).
Sample 1
Type and Amount of Loan. Subject to the satisfaction of the terms and conditions hereof and at the discretion of the Lender, and in reliance on the representations and warranties contained herein and in the other Loan Documents as defined below, the Lender agrees to furnish a permanent mortgage loan to the Borrower in the amount of TWO MILLION SEVEN HUNDRED THOUSAND AND 00/100 DOLLARS ($2,700,000.00), to be secured by, among other things, a first mortgage on the real property commonly known as 00 Xxxxxxxx Xxxxx and 00 Xxxxxxxx Xxxxx, Xxxxxxx, Xxxxxxxxxxx and being more particularly described in Schedule A hereto attached hereto and made a part hereof (the “Property”). The Loan shall be used to (a) fund the Tenant Improvements (as hereinafter defined) and (b) pay related closing expenses. 1.2
Sample 1

Related to Type and Amount of Loan

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • Amount of Borrowing At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is in an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire Unused Total Revolving Commitment or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.02(e). Borrowings of more than one Type may be outstanding at the same time.

  • Amount of Borrowing Tranche Each Borrowing Tranche of Loans under the LIBOR Rate Option shall be in integral multiples of $500,000 and not less than $1,000,000; and

  • Repayment of Loan 6.1.1 Upon the occurrence of either an Event of Default or a decision by Party A, in its sole discretion, to demand repayment of the Loan or any portion of the Loan, Party A may at its discretion issue a notice (Repayment Notice) to Party B requiring repayment of the Loan or any portion of the Loan and any other payment in arrears under this Agreement.

  • Prepayment of Loan Section 10.1 Options to Prepay Loan 28 Section 10.2 Additional Option to Prepay Loan 29 Section 10.3 Obligations to Prepay Loan 29 Section 10.4 Notice of Prepayment; Redemption Procedures 31 Section 10.5 Relative Position of this Article and Indenture 31 Section 10.6 Concurrent Discharge of First Mortgage Bonds 31 ARTICLE XI

  • Payment of Loan 1. The Loan Issuing Account The borrower shall open the following loan account with the lender through which the loan issuance and payment shall be handled. Account Name: Shengfeng Logistics Group Co., Ltd Account Number: **********

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Reduction of Commitment Prepayment of Loans Section 2.05 of the Financing Agreement is hereby amended as follows:

  • Disbursement of Loan Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made:

  • Type of Loan 1.1 The type of Loan is short-term working capital loan.

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