Common use of Agreement to Borrow and Lend Clause in Contracts

Agreement to Borrow and Lend. Subject to all of the terms, -------------------------------- provisions, conditions, covenants and agreements contained in this Agreement, Global agrees to make to MSOL the Loan in the original principal amount of up to $250,000 (the "Aggregate Debt"), of which $100,000 has already been loaned to MSOL by Global.

Appears in 2 contracts

Sources: Loan and Security Agreement (Medix Resources Inc), Loan and Security Agreement (Medix Resources Inc)