Examples of Bank Loan Agreement in a sentence
Notwithstanding the foregoing, in consideration of the various benefits HPTE receives by implementing a user fee system on the I-25 North Express Lanes Project (Segment 3), HPTE has agreed to contribute a portion of the amounts deposited into the I-25 North Express Lanes Project Account (Segment 3) under the Bank Loan Agreement toward the construction of the Segment 3 Project, in full satisfaction of any obligations HPTE might have with respect to such construction.
Notwithstanding any other right or obligation of MPM, the Tribe or the Authority with respect to the application of revenues, it is acknowledged that upon the occurrence of an Event of Default under the Bank Loan Agreement, the Lender can exercise its rights under the Account Control Agreement.
In case of identification by the bank of the fact that the Client provided fake or invalid documents and/or information for obtaining a Loan, the Bank can unilaterally and without notifying the Client to: • Block the Account, Card or Additional Card; • Close the credit limit, and/or • Close the Account of the Client; • Terminate the Agreement, Bank Loan Agreement and other agreements of the Parties, and demand immediate debt recovery.
The proposed form of Loan Agreement (the “Bank Loan Agreement”), among the City, the Purchaser and such party as shall be designated by the City in the final form of Bank Loan Agreement, as fiscal agent (the “Fiscal Agent”), in substantially the form attached hereto, is hereby approved along with any additions or supplements which may, in the determination of a Designated Officer, be necessary to document the issuance of the Note authorized hereunder.
Such Note may be delivered in temporary form pursuant to the Bank Loan Agreement if, in the judgment of the City Attorney, delivery in such form is necessary or appropriate until the Note in definitive form can be prepared.