Common use of Principal Sum Clause in Contracts

Principal Sum. Subject to the terms and conditions of this Agreement, the Lender agrees to make available to the Corporation a loan (the “Loan”) in the aggregate principal amount of $100,000 (the “Principal Amount”). The Principal Amount shall be loaned to Ryde GmbH by the Corporation.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (AppCoin Innovations Inc.)