Examples of Prior Loan in a sentence
The Borrower shall repay accrued interest on the outstanding Prior Loan on the New Repayment Date.
This Agreement is an amendment to, and restatement of, but not a novation of, the Prior Loan Agreement.
Interest on the Prior Loan shall accrue at the rate of 10% per annum under the Prior Loan Agreement.
THE EXTENSION Original amount of the Prior Loan Agreement Up to HK$36,000,000 Repayment Subject to the Lender’s overriding right of repayment on demand, the Borrower shall repay the Prior Loan in full in one lump sum together with all interest accrued thereon and all other monies payable under the Prior Loan Agreement on the New Repayment Date.
Except as amended, restated or otherwise modified as provided in this Agreement, the Prior Loan Agreement, all other Loan Documents and all Obligations incurred pursuant thereto shall remain in full force and effect and are in all respects hereby ratified and affirmed.