Examples of Local Loan Agreement in a sentence
In respect of any Disbursement to a particular Onshore Borrower, all of the conditions of disbursement described in the relevant Local Loan Agreement for that Onshore Borrower shall have been satisfied.
Each Local Loan Agreement shall continue in force until all monies payable under it have been fully paid in accordance with its provisions.
Upon the execution of a Local Loan Agreement by a Borrower the Guarantor’s obligations hereunder with respect to such Borrower shall immediately terminate.
As of the date hereof, the Debtor and the Guarantors have fully performed their payment obligations in respect of the contracted local loan, including agreed principal amount and interest, within the terms and as provided for in the Local Loan Agreement, and the Creditors have considered the remaining ancillary affirmative and negative covenants contained in sections Eight and Nine of the Local Loan Agreement to be fulfilled until the date hereof.
Accordingly, upon execution of a Local Loan Agreement by any Onshore Borrower, Chindex's obligations hereunder with respect to such Onshore Borrower shall immediately terminate.
On December twelve of year two thousand and two, Deutsche Bank and BankBoston agreed to amend, as from such date, stand by letter of credit number S - one three three six six, issued in favor of BankBoston on April twenty-six of year two thousand and the initial amount of which was three million Dollars, to adjust the amount of such letter of credit and the payment schedule established therein to the terms of the Local Loan Agreement to be agreed upon in this instrument.
Unless otherwise agreed to by the parties, at the interest rate borne by the Obligations from the date incurred until paid and shall be payable on demand.
Concurrently with execution of the Local Loan Agreement, the Debtor and Deutsche Bank, formerly Bankers Trust Company, as Foreign Creditor, entered into the Foreign Loan Agreement whereby, subject to the terms and conditions stated therein, Deutsche Bank made available to the Debtor a loan facility for up to five million Dollars and the Debtor could apply for one or more loans to be charged to such facility.
Accordingly, upon execution of a Local Loan Agreement by an Onshore Borrower, SPV’s obligations hereunder with respect to such Onshore Borrower shall immediately terminate.
Accordingly, upon execution of a Local Loan Agreement by any Onshore Borrower, Chindex’s obligations hereunder with respect to such Onshore Borrower shall immediately terminate.