Examples of Program Loan Agreement in a sentence
The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations: the Borrower shall have failed to perform any of its obligations under the Program Loan Agreement.
This Loan Agreement may not be assigned or transferred in any way by the Loan Recipient without the written consent of the Authority, such consent to be granted only if the assignee or transferee is a charter school meeting all of the requirements of this Loan Agreement and the Program Regulations, and which has agreed in writing to accept the terms of this Program Loan Agreement.
All the provisions of this Program Agreement shall continue in full force and effect notwithstanding any cancellation or suspension under the Program Loan Agreement.
It is recommended the Board approve the Charter School Revolving LoanFund Program Loan Agreement Number 19-15 and Resolution Number 03-2019.
This Program Agreement shall come into force and effect on the date on which the Program Loan Agreement shall come into force and effect.
The following event is specified as an additional condition to the effectiveness of the Loan Agreement within the meaning of Section 12.01 (c) of the General Conditions, namely, that all conditions precedent to the effectiveness of the Program Loan Agreement have been fulfilled, except only the effectiveness of the Loan Agreement.
W I T N E S S E T H: WHEREAS, concurrently with its execution of this Agreement, Secured Party and Grantor entered into that certain Solar Program Loan Agreement (the "Loan Agreement"), dated contemporaneously herewith; and WHEREAS, in consideration of, and as security for, Secured Party’s extension of the principal amount of the Loan (as such term is defined in the Loan Agreement), Grantor and Secured Party enter into this Agreement.
The Company shall, and shall cause the Seller and FlexLending to, provide the Administrative Agent with reasonable advanced written notice of any proposed amendments or other modifications to (a) the Bank Program Credit Policies, (b) the form of the Retail Loan Agreement for the Retail Loans or (c) the Bank Partner Program Loan Agreement or related bank program documents.
The following is specified as an additional matter, for the purposes of Section 9.02(d) of the Loan Regulations, to be included in the opinion or opinions to be furnished to ADB: the Program Loan Agreement has been duly executed and delivered on behalf of and is legally binding upon the Borrower in accordance with its terms.
Wherever used in this Program Agreement, unless the context otherwise requires, the several terms defined in the Program Loan Agreement and in the Loan Regulations (as so defined) have the respective meanings therein set forth.