AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES Clause Samples

AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES. 2.1 Bridge Loan and Bridge Note ---------------------------
AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES. Section 2.1 The Loan
AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES. Section 2.1 The Loan................................................................ 35 Section 2.2 Maturity of the Loan.................................................... 37 Section 2.3 Interest on the Loan.................................................... 37 Section 2.4 Fees.................................................................... 37 Section 2.5
AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES. 2.1 Initial Loan and Initial Note ----------------------------- A. Initial Loan Commitment. Subject to the terms and conditions of ----------------------- this Agreement and in reliance upon the representations and warranties of Borrower herein set forth, the Lenders hereby severally agree to lend to Borrower on the Closing Date $115,186,966.90 in the aggregate (the "Initial ------- Loan") (which Initial Loan shall, when taken together with the amounts assumed by Borrower pursuant to the New PRIMESTAR/▇▇▇▇▇▇▇▇ Assumption Agreement and the New PRIMESTAR/TWE Assumption Agreement equal an aggregate amount of $350,000,000.00), each such Lender committing severally and not jointly to lend the amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Initial Loan to Borrower pursuant to this Section 2.1A are herein called individually, an "Initial Loan Commitment" and ----------------------- collectively, the "Initial Loan Commitments". ------------------------
AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES. 2.1 Bridge Loan and Bridge Note A. Bridge Loan Commitment. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Parent Guarantor and the Borrower herein set forth, the Lenders hereby agree to lend to the Borrower on the Closing Date $117,500,000 in the aggregate (the "Bridge Loan"), each such Lender committing to lend the amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Bridge Loan to the Borrower pursuant to this Section 2.1A are herein called individually, the "Bridge Loan Commitment" and collectively, the "Bridge Loan Commitments."
AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES. 2.1 Bridge Loan and Bridge Note A. Bridge Loan Commitment. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Company herein set forth, the Lenders hereby agree to lend to the Company on the Closing Date $100,000,000 in the aggregate (the "Bridge Loan"), each such Lender committing to lend the amount set forth next to such Lender's name on the signature pages hereto. The Lenders' commitments to make the Bridge Loan to the Company pursuant to this Section 2.1A are herein called individually, the "Bridge Loan Commitment" and collectively, the "Bridge Loan Commitments."
AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES 

Related to AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES

  • Amount and Terms of Loans Pursuant to the terms of this Agreement, Lender shall make Loans to the Company, upon its request and within three (3) business days of such request, which in the aggregate do not exceed Four Hundred Fifty Thousand and 00/100 Dollars ($450,000.00). The Loans and each of them shall be made upon the following terms and conditions: (a) The maximum aggregate principal amount of the Loans shall be in the amount of Four Hundred Fifty Thousand and 00/100 Dollars ($450,000.00), and shall be evidenced by a promissory grid note (the "Note") with appropriate insertions of names, dates and amounts. The Loans shall bear interest at a rate per annum equal to ten percent (10.00%). Interest shall be charged on the principal balance from time to time outstanding on the basis of the actual number of days elapsed computed on the basis of a three hundred sixty (360) day year. Interest shall be due and payable, in arrears on the Maturity Date (as hereinafter defined); (b) The Loans made by Lender to the Company pursuant to this Paragraph 2 shall be recorded in an account on the books of Lender bearing the Company's name (the "Company's Account"). There shall also be recorded in the Company's Account all payments made by the Company on the Loans and interest accrued thereon. (c) The outstanding principal amount owed hereunder, together with all accrued but unpaid interest thereon, shall be due and payable in full on the earlier of (i) the closing of an initial public offering of the Company's securities and (ii) March 3, 2002 (the "Maturity Date"); (d) Maker shall have the right to prepay the outstanding principal amount of this Note, in whole or in part at any time. (e) The provisions of this Paragraph 2 shall continue in effect until the Maturity Date, PROVIDED, HOWEVER, that Lender's obligations to advance Loans to the Company pursuant to the provisions of this Paragraph 2 shall cease upon the occurrence of an Event of Default (as defined in Paragraph 3 hereof) until such time as said Event of Default is cured.

  • Amount and Terms of Commitments 2.1 [Reserved]. 2.2 [Reserved]. 2.3 [Reserved].

  • Amount and Terms of the Commitments Section 2.1. General Description of Facilities

  • Amount and Terms of the Loans 2.1 Commitments 25 2.2 Borrowings 26 2.3 Disbursements; Funding Reliance; Domicile of Loans 29 2.4 Evidence of Debt; Notes 30

  • Repayment of Revolving Credit Advances The Borrower shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Revolving Credit Advances then outstanding and all other unpaid Obligations.