Examples of Interim Loan Agreement in a sentence
Pursuant to the terms of the Interim Loan Agreement, Lender has made the Loan to Borrower as follows: 1.
This Promissory Note is the Note referred to as Exhibit A to the Interim Loan Agreement of even date herewith entered into by Borrower and Lender.
Without limiting the foregoing, such Seller has not sold, transferred, granted or conveyed any participation in any of such Interim Loans and such other Transferred Rights, whether pursuant to Section 2.13 or 10.07(e) of the Interim Loan Agreement or otherwise.
The Buyer shall also pay to each Seller at the Closing in cash the accrued and unpaid interest (whether or not accrued in the form of PIK Interest) on the Principal Payment Amount under the Interim Loan Agreement by wire transfer of immediately available funds to the account designated by such Seller to the Buyer pursuant to the preceding sentence (the “Accrued Interest Amount”).
Capitalized terms used but not defined herein have the meanings assigned to such terms in the Interim Loan Agreement.