Loan Arrangements Sample Clauses

Loan Arrangements. 3.1 The purchase price of entire shares in Party C holding by Party A, purchased by Party B shall be contributed in full amount by Party D. However, Party B shall enter into a loan agreement with Party D to the satisfaction of Party D, in accordance with the content and form of Appendix III hereto. 3.2 Party B agree and irrevocably instruct Party D to pay the aforesaid loan provided to Party B, which used to purchase Party A’s shares, directly to Party A, in accordance with the conditions and terms stated in the frame agreement. 3.3 Party A agrees to contribute his entire income obtained from selling the shares in Party C in accordance with the agreement, to perform its repayment obligations to Party D under the Loan Agreement. The Loan Agreement among Party A and Party D will be terminated when Party A pay off all the loans in accordance with Article 4.2 hereof.

Loan Arrangements. 3.1. The purchase price of entire shares in Party D holding by Party A, purchased by Party C shall be contributed in full amount by Party E. However, Party C shall enter into a loan agreement with Party E to the satisfaction of Party E, in accordance with the content and form of Appendix III hereto. 3.2. Party C agrees and irrevocably instructs Party E to pay the aforesaid loan provided to Party C, which used to purchase Party A’s shares, directly to Party A, in accordance with the conditions and terms stated in the frame agreement. 3.3. Party A agrees to contribute their entire income obtained from selling the shares in Party D in accordance with the agreement, to perform its repayment obligations to Party E under the Loan Agreement. The Loan Agreement among Party A and Party E will be terminated when Party A pay off all the loans in accordance with Article 4.2 hereof. 3.4. Party C agrees to enter into new loan agreements with Party E. The new loan agreements will substitute the Loan Agreement entered into by and among Party A, Party B and Party E.

Loan Arrangements. Pursuant to the Amended and Restated Credit Agreement, dated as of November 5, 1999 by and between UCDP-DEL, the lending institutions identified therein and ▇▇▇▇▇▇ Guaranty Trust Company of New York, as agent, as amended by Amendment No. 1 thereto dated as of July 27, 2000, Amendment No. 2 thereto dated as of December 19, 2001 and Amendment No. 3 thereto dated as of March 25, 2002 (the "Credit Agreement"), the Partnership, as debtor, is subject to certain obligations and restrictions. If the Partnership enters into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to amend those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect the other loan.

Loan Arrangements. Pursuant to the Amended and Restated Credit Agreement, dated as of December 9, 2004 (the “Credit Agreement”), among UCDP, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and Bank of America, N.A., as syndication agent, the Partnership, as general partner of UCDP, as debtor, is subject to certain obligations and restrictions. If the Partnership causes UCDP to enter into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to modify those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect such loan arrangements.

Loan Arrangements. Pursuant to (a) the Amended and Restated Credit Agreement, dated as of November 5, 1999, as amended as of July 25, 2000, December 19, 2001, March 28, 2002, March 28, 2003 and as of December 9, 2004 (the “Term Credit Agreement”) and (b) the Credit Agreement, dated as of March 28, 2003, as amended as of December 9, 2004 (the “Revolving Credit Agreement” and together with the Term Credit Agreement, the “Credit Agreement”), each among Universal City Development Partners, Ltd. (“UCDP”), the banks listed therein and JPMorgan Chase Bank, as administrative agent and collateral agent, the Partnership as general partner of UCDP, as debtor, is subject to certain obligations and restrictions. If the Partnership causes UCDP to enter into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to modify those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect such loan arrangements. 5. Section 11 of the Partnership Agreement shall be amended to (a) delete the reference to “Blackstone UTP A” and replace it with a reference to “Blackstone Capital Partners A,” (b) delete the reference to “Blackstone UTP” and replace it with a reference to “Blackstone Capital Partners” and (c) delete the second and third sentences in their entirety and insert the following sentences in their place, “The Blackstone Representatives are ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ and ▇▇▇ ▇. ▇▇▇▇▇▇▇▇. The Universal Representatives are ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇.” 6. Section 11 of the Partnership Agreement shall be further amended to add the following language at the end of that Section: “The Representatives shall have the authority to appoint and terminate officers of the Partnership and retain and terminate employees, agents and consultants of the Partnership and to delegate such duties to any such officers, employees, agents and consultants as the Representatives deem appropriate, including the power, acting individually or jointly, to represent and bind the Partnership in all matters, in accordance with the scope of their respective duties.” 7. Subsection 19(b) of the Partnership Agreement shall be amended to add the following phrase at the beginning of that subsection: “Subject to Section 1.7(a) of the Transaction Agreement, dated as of December 9, 2004, between the Original Blackstone Entities, USI Entertainment Inc., Vivendi Universal Entertainment LLLP, Universal Studios, Inc.,...

Loan Arrangements. New LP, as debtor, is subject to certain obligations and restrictions under the Amended and Restated Credit Agreement, dated as of November 5, 2000 by and between New LP, the lending institutions identified therein and ▇▇▇▇▇▇ Guaranty Trust Company of New York, as agent, as amended by Amendment No. 1 thereto dated as of July 27, 2000 (the “Credit Agreement”). If New LP enters into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to modify those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect the other loan.

Loan Arrangements. Pursuant to the Amended and Restated Credit Agreement, dated as of November 5, 1999 by and between New LP, the lending institutions identified therein and ▇▇▇▇▇▇ Guaranty Trust Company of New York, as agent, as amended by Amendment No. 1 thereto dated as of July 27, 2000 (the “Credit Agreement”), the Partnership as General Partner of New LP, as debtor, is subject to certain obligations and restrictions. If the Partnership causes New LP to enter into loan arrangements which are different than the Credit Agreement, the Partners agree to act reasonably to modify those provisions of this Agreement which were drafted to reflect the Credit Agreement so as to reflect the other loan.

Loan Arrangements. Recognizing that Farmor must commence work obligations under the Licenses before such time as the Approval is obtained or alternative arrangements for transferring the interest are reached, TomCo agrees to provide a loan to Avenue in the amount of $500,000 to be used to satisfy various obligations under the License. This loan shall bear interest at the rate of 2% per annum and shall be due on a date no later than three months from Closing. At such time, the loan amount together with interest shall be applied towards Farmee’s financial obligations under this Agreement and the JOA. If Farmee elects pursuant to Paragraph 3.4 neither to accept an interest in the License nor a shareholding in AEI, then the Loan shall be deemed cancelled and Farmor shall have no obligation to repay the loan.

Loan Arrangements. Immediately pr▇▇▇ ▇▇ ▇▇e Me▇▇▇▇, the Company will (i) loan Corriveau the sum of, or (ii) guarantee a loan made by a third part▇ ▇▇▇▇▇▇ in the amount of, $2.5 million so that Corriveau may refinance a loan which is secured by a pledge of exis▇▇▇▇ ▇▇▇▇k of the Company beneficially owned by Corriveau. The determination as to whether the Company makes the lo▇▇ ▇▇ ▇▇▇rantees a third-party loan shall by made by the Company in its sole discretion. Such loan will be full recourse to Corriveau and secured by Corriveau's Stock, and will be due on the ▇▇▇▇▇▇▇▇ of (i) the seven▇▇ ▇▇▇▇ ▇▇▇iversary of the Merger, (ii) an Approved Sale, (iii) 180 days after termination of employment by the borrower, to the extent of any proceeds, net of taxes, received by Corriveau as a result of such termination of employment, and (iv) t▇▇ ▇▇▇▇ ▇f any Stock by Corriveau, to the extent of the after tax proceeds of such sale. In▇▇▇▇▇▇ ▇▇ the unpaid principal amount of such loans will accrue at the then applicable rate charged to the Company under the Company's revolving credit facility. Corriveau will use at least 25% of the proceeds, net of taxes, of a▇▇ ▇▇▇▇▇ received by Corriveau, first to pay accrued interest and then to reduce princip▇▇. ▇▇ ▇▇e closing of the Offer, the Management Stockholders shall repay any outstanding loans owed to the Company or any affiliate.