Common use of WITNESSES THAT WHEREAS Clause in Contracts

WITNESSES THAT WHEREAS. The Borrower has applied to the Lenders for a loan in the aggregate principal amount of US$750,000 (the “Loan”) to be utilized by the Borrower for the purposes described in Section 3.

Appears in 1 contract

Samples: Revolving Loan Agreement (Panglobal Brands Inc.)

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WITNESSES THAT WHEREAS. The Borrower has applied to the Lenders Lender for a loan in the aggregate principal amount of US$750,000 290,000 (the “Loan”) to be utilized by the Borrower for the purposes described in Section 3.

Appears in 1 contract

Samples: Loan Agreement (Panglobal Brands Inc.)

WITNESSES THAT WHEREAS. The Borrower has applied to the Lenders for a an unsecured loan in the aggregate principal amount of US$750,000 $250,000 US (the “Loan”) to be utilized by the Borrower for the purposes described in Section 3.

Appears in 1 contract

Samples: Convertible Loan and Warrant Subscription Agreement (Orgenesis Inc.)

WITNESSES THAT WHEREAS. The Borrower has applied to the Lenders for a loan in the aggregate principal amount of up to US$750,000 2,500,000 (the “Loan”) to be utilized by the Borrower for the purposes described in Section 3.

Appears in 1 contract

Samples: Convertible Loan Agreement (Panglobal Brands Inc.)

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WITNESSES THAT WHEREAS. The Borrower has applied to the Lenders for a an unsecured loan in the aggregate minimum principal amount of US$750,000 $250,000 US (the “Loan”) to be utilized by the Borrower for the purposes described in Section 3.

Appears in 1 contract

Samples: Convertible Loan and Warrant Subscription Agreement (Online Disruptive Technologies, Inc.)

WITNESSES THAT WHEREAS. The Borrower has applied to the Lenders Lender for a loan in the aggregate principal amount of US$750,000 1,000,000 (the “Loan”) to be utilized by the Borrower for the purposes described in Section 3.

Appears in 1 contract

Samples: Revolving Loan Agreement (Panglobal Brands Inc.)

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