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Common use of Loan Amount and Interest Clause in Contracts

Loan Amount and Interest. The Lender promises to loan up to JPY50,000,000 ($460,000) USD to the Company (the "Loan") with unsecured, due on demand and non-interest bearing.

Appears in 2 contracts

Sources: Related Party Loan Agreement (OFF Line International, Inc.), Related Party Loan Agreement (OFF Line International, Inc.)

Related Clauses

  • Interest and Interest Rates
  • Payment and Interest
  • Payments of Principal and Interest Prepayments Fees
  • Repayments Prepayments Interest and Fees
  • Date and Denomination of Notes; Payments of Interest and Defaulted Amounts

Parent Clauses

  • TAXES AND STATUTORY LEVIES
  • Representation and Warranties
  • Exclusion of Consequential Losses

Sub-Clauses

  • Term of the Loan
  • Amount of Loan
  • Terminal Dates for Disbursements
  • Interest
  • Disbursement of the Loan
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