Loan Amount and Interest Sample Clauses

Loan Amount and Interest. The Lender promises to loan [$3,000] USD to the Borrower and the Borrower promises to repay this principal amount to the Lender, with interest payable on the unpaid principal at the rate of [3% over the US Federal Reserve Base Rate] per annum, calculated yearly not in advance, beginning on the date of this agreement.

Loan Amount and Interest. FICCL, at the request of the Borrower(s), agrees to lend to the Borrower(s), and the Borrower(s) agrees to borrow from FICCL, a Loan not exceeding the amount as set out in the Loan Summary Schedule, on the basis of, and subject to the conditions, terms, and covenants herein set forth.

Loan Amount and Interest. The Corporation promises to loan $115,000.00 to the Shareholder (hereinafter referred to as the “Loan”) and the Shareholder promises to repay this principal amount to the Corporation at such address as may be provided in writing, with interest payable on the unpaid principal at the rate of 0.1% per annum, calculated yearly not in advance.

Loan Amount and Interest. The Lender promises to loan $13,000.00 USD to the Borrower and the Borrower to repay this principal amount to the Lender, without interest payable on the unpaid principal beginning of October 5, 2022.

Loan Amount and Interest. 1.1 The Lender has agreed to lend to the Borrower and the Borrower has agreed to owe to the Lender an amount of DKK 37,333,333.33 (the “Vendor Loan”) on the terms set out in this Agreement to be used exclusively to partly finance Acquisition Co.’s purchase of the Shares in the Company under the SPA. 1.2 The Vendor Loan shall bear interest of 3.46 percent pro anno from the Closing Date until the date of its full repayment (both dates included). Interest shall accrue on the Vendor Loan semi-annually from the anniversary of the Closing and shall be calculated on a daily basis on the basis of a year of 365 days from and including the Closing Date.

Loan Amount and Interest. The Lender promises to loan U.S. Funds EIGHTEEN THOUSAND and SEVEN HUNDRED DOLLARS ($18,700) (the “Principal”) to the Borrower and the Borrower promises to repay this Principal amount to the Lender, to the order of [NAME of ADDRESS], with interest payable on the unpaid Principal at the rate of twelve percent (12%) per annum, calculated monthly, not in advance.

Loan Amount and Interest. The Shareholder will increase the loan amount to a maximum of $100,000 to the Corporation, when necessary, to provide sufficient cash flow and maintain operations and the Corporation promises to repay the principal amount to the Shareholder with interest payable on the unpaid balance at the rate of 3.50 percent per annum, calculated annually not in advance.

Loan Amount and Interest. At the Effective Date of this Agreement is signed, the lender will set up for the borrower, and transfer to him in one portion, an amount equal to the principal. The principal amount will bear a simple interest rate of 10% per annum (the “Loan”). The amount of the principal and the repayment of the loan will be, at the borrower’s choice - in US dollars, or in a New Shekel (in which case the conversion rate will be the conversion rate between the shekel and the dollar as of the time the funds are deposited and/or repaid).

Loan Amount and Interest. The Shareholder promises to loan $50,000 to the Corporation in installments over the next twelve months, when necessary, to provide sufficient cash flow and maintain operations and the Corporation promises to repay the principal amount to the Shareholder with interest payable on the unpaid balance at the rate of 3.50 percent per annum, calculated annually not in advance.