Examples of Future Loan Purchase Ratio in a sentence
For the avoidance of doubt, on each such Subsequent Funding Date each Lender shall advance to Borrowers an amount equal to the Future Loan Purchase Ratio of its ratable share of all Loans requested by Borrowers as of such Subsequent Funding Date in exchange for Borrowers’ obligations to repay in full the face amount of such Loans, plus interest accrued thereon in accordance with the terms hereof.
For the avoidance of doubt, on each such Subsequent Funding Date each Lender shall advance to Borrowers an amount equal to the Future Loan Purchase Ratio of its ratable share of all Loans (other than 2024 Convertible Note Loans) requested by Borrowers as of such Subsequent Funding Date in exchange for Borrowers’ obligations to repay in full the face amount of such Loans, plus interest accrued thereon in accordance with the terms hereof.