To the Borrower Clause Samples
The "To the Borrower" clause specifies the requirements and procedures for delivering notices, documents, or communications directly to the borrower under an agreement. Typically, this clause outlines the acceptable methods of delivery, such as email, postal mail, or courier, and may designate specific addresses or contact persons for such correspondence. Its core practical function is to ensure that all important information is reliably and formally communicated to the borrower, thereby reducing the risk of misunderstandings or disputes regarding whether and when the borrower received necessary documents.
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To the Borrower. The Borrower desires to obtain a loan from the Lenders pursuant to the terms hereof and is willing to pledge the Collateral to the Administrator for the benefit of the Lenders in connection therewith. The Lenders are willing to make a loan to the Borrower on the terms and subject to the conditions hereinafter set forth.
To the Borrower. The Borrower may repay and reborrow under the Loan Commitment subject to the terms and conditions of this Agreement. The aggregate amount of Loan Advances outstanding under the Loan Commitment shall at no time exceed the sum of $10,000,000.00. The Loan Commitment shall terminate on the Maturity Date at which time no further Loan Advances shall be made by the Bank. Requests for Loan Advances under this Agreement may be made by the Borrower at any time, and from time to time, prior to the Maturity Date.
To the Borrower. All sums to be advanced by the Banks to the Borrower under this Agreement shall be remitted in Dollars on the date of the Advance to the account of the Agent at such bank as the Agent may have notified to the Banks and shall be paid by the Agent on such date in like funds as are received by the Agent to the account specified in the relevant Drawdown Notice.
To the Borrower. (b) If the principal of all the Bonds shall have become due or shall have been declared due and payable, all such moneys shall be applied to the payment of the principal, redemption premium, if any, and interest then due and unpaid on all of the Bonds, with interest on such principal and redemption premium, if any, and, to the extent permitted by law, on such interest, at the rate or rates specified in the respective Bonds, without preference or priority of principal, redemption premium or interest over principal, redemption premium or interest or of any installment of interest over any other installment of interest or of any Bond over any other Bond, ratably, according to, the amounts due respectively for principal, redemption premium, if any, and interest, to the persons entitled thereto, without any discrimination or privilege; provided however principal of and interest on Borrower Bonds shall only be paid after the amounts due the Credit Enhancer under the Related Documents shall have been paid in full.
(c) If the principal of all the Bonds shall have been declared due and payable, and if such declaration shall thereafter have been rescinded and annulled under this Article then, subject to paragraph (b) of this Section, in the event that the principal of all the Bonds shall later become due or be declared due and payable, the moneys shall be applied in accordance with paragraph (a) of this Section. Whenever moneys are to be applied pursuant to this Section, such moneys shall be applied at such times and from time to time as the Trustee shall determine, having due regard to the amount of such moneys available and which may become available for such application in the future. Whenever all of the Bonds and interest thereon have been paid under this Section, and all expenses and charges of the Trustee have been paid, any balance remaining in the Funds shall be paid first to the Credit Enhancer and second to the Borrower as provided in Section 510.
To the Borrower. The Borrower has accepted and does accept, the full responsibility for the selection of its own contractor and subcontractors and all materials, supplies and equipment to be used in the construction of the improvements contemplated by this Agreement, and the Lender assumes no responsibility for the completion of the improvements contemplated herein. Further, the Borrower has accepted and does accept full responsibility for compliance with the Florida Construction Lien Law and relieves the Lender of any and all liability with respect to that law and agrees to indemnify and hold the Lender harmless from any and all liability under it of any nature whatsoever.
To the Borrower. The Borrower and the Lender shall then negotiate in good faith in order to agree upon a mutually satisfactory interest rate and interest period (or interest periods) to be substituted for those which would otherwise have applied under this Agreement. If the Borrower and the Lender are unable to agree upon an interest rate (or rates) and interest period (or interest periods) prior to the date occurring thirty days after the giving of such Determination Notice, the Lender shall set an interest rate and an interest period (or interest periods), in each case to take effect at the end of the Interest Period current at the date of the Determination Notice, which rate (or rates) shall be equal to the sum of the Applicable Margin and the cost to the Lender of funding its Commitment. In the event that the circumstances described in this SECTION 4.2 shall extend beyond the end of an interest period agreed or set pursuant hereto, the foregoing procedure shall be repeated as often as may be necessary.
To the Borrower. Unless applicable law requires a different method, any notice that must be given to Borrower under this Note will be in writing and will be given by delivering it, sending it by overnight delivery service or mailing it by first class mail, to Borrower, or at a different address if Lender is given written notice of such different address in accordance with the provisions hereof at: If to Borrower: Healthtech Solutions, Inc. ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Tuckahoe, NY 10707 Attn: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Phone: ▇▇▇-▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇▇
To the Borrower. Sun Television Cybernetworks Holdings Limited 6101, The Center, 99 Queen's Road Central, Hong Kong. ▇▇▇ ▇▇▇▇▇▇: (▇▇▇) ▇▇▇▇ ▇▇▇▇ Attention: Bruno Wu ▇▇ ▇▇▇ Lender: Sina.com 1313 Geneva Drive Sunnyvale ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇.▇.▇. ▇▇▇ ▇▇▇▇▇▇: (▇) ▇▇▇ ▇▇▇ ▇▇▇▇ Attention: Charles Ch▇▇
To the Borrower. The Borrower shall comply, and shall cause each Primary Obligor, Subsidiary and other Person referred to therein to comply, with each covenant set forth in Section 8.29 of the Amended and Restated Agreement as in effect on the Effective Date (without giving effect to any modification thereof not consented to in writing by the Majority Lenders or termination of the Amended and Restated Agreement).
To the Borrower. If any withholding certificate, withholding statement, document, authorisation or waiver provided to the Agent by a Lender pursuant to Clause 8.15.5 is or becomes materially inaccurate or incomplete, that Lender shall promptly update it and provide such updated withholding certificate, withholding statement, document, authorisation or waiver to the Agent unless it is unlawful for the Lender to do so (in which case the Lender shall promptly notify the Agent). The Agent shall provide any such updated withholding certificate, withholding statement, document, authorisation or waiver to the Borrower.