Examples of Additional Interim Loans in a sentence
The Additional Interim Loans, together with all accrued and unpaid interest (subject to the provisions set forth in Section 2.3(c)), shall be due and payable on the Special Loan Scheduled Maturity Date.
Subject to the terms and conditions set forth in this Agreement, QUALCOMM agrees to make, or cause to be made, Additional Interim Loans to Borrower from time to time after the applicable conditions precedent in Section 3 have been satisfied (or waived by QUALCOMM) in an aggregate amount up to $100,000,000.00 (the "Additional Interim Loan Commitment").
The parties shall cooperate to obtain all necessary consents, waivers and approvals with respect to the Additional Interim Loans as set forth in greater detail in Section 3.2.
The repayment of Additional Interim Loans shall not reinstate the Additional Interim Loan Commitment.
Borrowings of Additional Interim Loans in each monthly period shall be permitted up to the amounts set forth for such relevant monthly period in the Additional Interim Loans Availability Schedule.
Solely with respect to Additional Interim Loans advanced from the Tranche B Commitment pursuant to this Agreement, QUALCOMM shall have purchased from Electro Banque a participation under the Participation Agreement in the amount to be advanced.
To request a Special Loan, Borrower shall notify QUALCOMM of such request by telephone not later than 11:00 a.m., San Diego time, at least five (5) Business Days before the date of the proposed Borrowing which shall be consistent with the Drawdown Schedule or the Additional Interim Loans Availability Schedule, as applicable.
Considering that the list was very long, it was then necessary to come up with 20 participants and yet 20 is still an insignificant number as compared to the number of people on the waiting list to acquire land which has passed 150 000.
Each telephonic loan request shall be irrevocable and shall be confirmed promptly by hand delivery or facsimile of a written, signed Loan Request to (i) QUALCOMM in the form of Exhibit G for Special Loans to be advanced from QUALCOMM's unused Facility-2 Commitment, or (ii) QUALCOMM and Electro Banque in the form of Exhibit G-1 for Additional Interim Loans to be advanced from Electro Banque's unused Tranche B Commitment.
Notwithstanding anything to the contrary in this Agreement, Borrower may accelerate the funding of Additional Interim Loans (if a change in market conditions so requires in order to achieve the commercial objectives of the Business Plan), subject to the prior written consent of QUALCOMM (which consent shall not be unreasonably withheld).