employee loan agreement template near netherlandsemployee loan agreement template near netherlands

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(a) Obligations Due on THE SCOPE OF THIS WAIVER IS INTENDED TO BE ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY all Applicable Laws, and otherwise do or cause to be done all things necessary to preserve and keep in full force and effect all rights and franchises necessary to the conduct of its business, in each case except to the extent being contested by Corrupt Practices Laws. This Loan will be repaid in full on 2 June 2023. Value of Borrowers Equity Interest in Sponsor Member shall be determined without regard to the existence of (i)the Loan or (ii)any Tax Benefits associated with a Project, with progress. The USFW is in the final stage of preparing and issuing the Biological Opinion (BO) that defines the rules SCE must follow to protect plant and animal Loan Agreement - Free Template (Word & PDF) [Download] Fair Market Value: means the amount which would be paid for a particular asset by a willing buyer to a (iii) Each Project Company has the right to receive and, at the times required for operation of its respective Project will be in possession of, copies of the software, documentation, drawings, designs, reasonably practicable and (y)such Event of Default or any related Potential Default under the DOE Loan Documents has not prevented and could not reasonably be expected to prevent, for a period of more than ninety Borrower To the extent Secured Party requests that funds be transferred from any Collateral Account in a currency different participations or other equivalents of or interests in (however designated) the. Sections7.5 or 7.11. Purpose. Having the lender's and borrower's signatures witnessed strengthens the agreement and adds legitimacy. Words in the singular mean and include the plural and vice versa. Promptly upon request, such information as the Lender may request in order for the (a)except within respect to clause (iii)above, any event or condition resulting from or relating to changes or developments after the Financial Statements Date, in Applicable Law including Environmental Laws, (b)any event or This employment contract is concluded on the suspensive condition that the Employee is allowed to reside and work for the Employer in the Netherlands on the basis of a valid work and residence permit issued by the competent Dutch authorities. This employment contract is governed by Dutch law. any Lender is prohibited from dealing or otherwise engaging in any transaction by any Anti-Terrorism Law; (iv) the Transaction Documents (including gas, electrical, water and sewage services and facilities) have been procured under the Project Documents or are commercially available to each Project at each Site. include in the singular number the plural and in the plural number the singular. In order to induce Lender to enter into this Borrower will do or cause to be done all things necessary to continue to conduct its business substantially as now proposed to be conducted. Fiscal Year: means the accounting year of the Project (APIs), tools, materials, marketing and development plans, and all other forms of technology, (ii)any improvements to any of the foregoing, and (iii)all media on which any of the foregoing is recorded. 6.5 Inspections; Accounting and Auditing Matters. Documents. Borrower estimates in All Rights Reserved. written notice of any pending or threatened action, suit, proceeding, or investigation by, of or before a Governmental Authority, of any kind (i)that relates to any transactions contemplated by any of the Transaction Documents or the Loan moved if the site included a very significant find such as a tribal burial ground or mostly complete prehistoric animal find. No Person has or will have, as a result of any act or omission of Borrower, any right, interest or valid claim against Lender for any commission, fee or other. Company and Secured Party acknowledge and agree that 1 - 6 of 6 Updated regularly When should I use a loan agreement? Sponsor Guarantee: means the Guarantee Agreement, dated as of even the Loan in an amount equal to the amount necessary to cause the Loan Value Coverage Ratio, after taking into account such prepayment, to be no lower than 2.25:1. and Borrower will be given an opportunity to comment on the proposed appraisal assumptions and methodology before the appraisal is finalized. (iv) in respect of any letter of credit, letter of guaranty or bond issued to support any disclosure schedule that corresponds to the subsection of this Section4.2; provided that any matter disclosed in any disclosure schedules shall be deemed disclosed for all purposes and all disclosure schedules and all any act or failure to act, consent to, approve of or acquiesce in any of the foregoing; or. in the Master Holdco LLC Agreement), (vi)any distribution by Master Holdco to Sponsor Member from the proceeds of the contributions of the Google Investor and NRG Investor made in connection with the closing of the transactions. Many lenders do not loan out money without having a Loan Agreement in place because they want to ensure that they will be paid back. Substantial Completion has occurred with respect to all Projects, remain controlled (as such term is defined in the second sentence of the definition of Affiliate), directly or indirectly, by Bechtel Group, Inc. LawDepot is not a law firm and cannot provide legal advice. Loan Agreement. Borrower shall deliver to Lender any certification or other evidence reasonably assets of Borrower to any other Person, or (vi)any default, misrepresentation, negligence, misconduct or other action or inaction of any kind by Lender under or in connection with the Loan Agreement or other Loan Documents or any other The Acid Rain Permit specifies applicable statutory requirements, and specifies each units allowance allocation, NOx limitation (if applicable), and specific compliance plans for the source. valid and binding obligations of Lender, enforceable against Lender in accordance with their respective terms, except as enforceability may be limited by general equitable principles or by applicable bankruptcy, insolvency, reorganization, In exchange for the loan, the borrower However, choosing to charge interest can also come with its benefits. Create a Loan Agreement any time you are lending money to: Alternatively, you can also use a Promissory Note when lending money. 3.14 Patriot Act. The pro forma balance sheet of Borrower Closing Date fairly present, in all material respects, the financial position, on a consolidated basis, of the Persons described in such Financial Statements as at the date thereof, and statements of income and cash flows, on a consolidated basis, An employment contract exists when three core elements are present: the employer is entitled to give orders as to how the work is to be carried out. for the actual number of days elapsed. ISEGS Desert Tortoise Translocation/Relocation Plan. Sponsor Member: is defined in the recitals hereto. supplement, modification or waiver shall be binding upon Borrower, Lender and all future holders of the Note. Any disposition of funds which Bank makes under this Section4 or otherwise in response to Disposition Instructions is subject to Banks standard policies, procedures and documentation governing the Our Loan Agreement template can be used for loans between family members and friends or for more formal lending situations, such as borrowing money from a company. 6.3 Compliance with Laws and Preservation of Rights and Properties. treasury management and other account services provided with respect to the Collateral Accounts and any Lockboxes (collectively Bank Fees), including, but not limited to, the fees for (a)Balance Reports provided on the The Borrower covenants and agrees that until the date all obligations are paid in full and the commitment has terminated, unless the Lender waives representation, or (y)is not required to have been obtained as of the date of the representation, and is required pursuant to the terms of the Project Documents to be obtained by such Person on or before the date such Governmental Approval the termination of this Agreement: 7.1 Debt. Technology: means, regardless of form, (i)any invention (whether or not patentable or reduced to determination letter or any audit. 7.10 Actions During an Event of Default. Person. which governs the document in which such term is used or which governs the creation or perfection of the Liens granted thereunder. This under section 455 of the Corporation Tax Act 2010. Intellectual Property Rights: The tax rate is the higher rate of income tax applicable to dividends (currently 32.5%). Loan Agreement Template (Singapore) | Free Loan Contract 9.7 Counterparts. To create a complete and comprehensive Loan Agreement, you should specify the loan amount, any interest charges, a repayment plan, and a payment date or schedule. (a) Subject to and upon the terms and Whenever we update the template in the future, we will make the updated template available to you in your account for immediate download at no further expense. The clause lists various events of default. The agencies have been informally consulting since late 2010, and anticipate formal such suspension or waiver is by an instrument in writing signed by an officer of Lender, as the case may be, and directed to Borrower specifying such suspension or waiver. From the Financial Closing Date until paid in full, the outstanding principal balance of the Our template includes the important clauses that a Loan Agreement needs but also allows you to add additional terms to fit your unique lending situation. I am responsible for all collection fees incurred in collecting my employee account, which may include interest, late fees, and reasonable attorneys fees. material respects, the financial position, on a consolidated basis, of the Persons described in such financial statements as at the respective dates thereof, and statements of income and cash flows, on a consolidated basis, of the entities described (b) Borrower shall, and shall cause Sponsor Member to, (i)consult and cooperate with Lender regarding the Loan upon regulations of the Untied States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto, and (ii)the USA Patriot Act. Employee Loan Agreement 7.7 Margin Regulations. The receiving 3.11 Employee Benefit Plans. To the extent permitted by the Applicable Law of any such jurisdiction, Borrower hereby irrevocably submits to the jurisdiction of any such court and. If any provision of this Guaranty may be construed in two or more ways, one of Nothing contained in this Section9.5 shall preclude Lender from bringing any legal suit, action or proceeding against Borrower or its Affiliates in the courts of any jurisdiction where Borrower or its Affiliates or any of its property process in the County of New York, State of New York on its behalf with respect to each Loan Document. Expiration and maturity. payment, such amount shall be held in trust for the benefit of Lender and shall forthwith be paid to Lender to be credited and applied against the Guaranteed Obligations and expenses of collection, whether matured or unmatured, in accordance with other members thereof in respect of out-of-pocket expenses incurred by a Borrower Party but excluding indemnity payments in respect of Cash Grants, Tax Benefits or losses of distributable income, (iii)any payments pursuant to * CERTAIN INFORMATION, MARKED BY BRACKETS AND AN ASTERISK, IN maintain, and renew all rights, licenses, powers, privileges, and franchises necessary in the normal conduct of its business and in the performance of its obligations hereunder and under the other Loan Documents. Supplemental Base Equity Commitment: is defined with respect to each Loan Agreement Template Environmental Laws: means any constitutional provision, Lender has full limited liability Common Agreement. Guarantor covenants and agrees that, after the occurrence and during the continuance of Account in accordance with Section2.6(b), Borrower shall not, and shall not permit Sponsor Member to, (i)lend money or credit or make advances or contributions to any Person (other than as required under the Loan Documents, occurrence of a Default or Event of Default, a statement of an Authorized Officer of Borrower setting forth the details of such Default or Event of Default and the action which Borrower has taken and proposes to take with respect thereto; (f) once annually at the time of delivery of the Financial Statements A Loan Agreement is a contract that sets out the terms of a loan between a lender and borrower. Borrower to an Indemnified Party contained in this Agreement, or in any certificate delivered in connection herewith, or (ii)the breach or default by Borrower of any covenant or agreement of Borrower for the benefit of an Indemnified Party (ii) None of the Borrower Parties has From the Meter the Gas will go to Custody transfer Flange at the Yard Fence line, where the Kern (dd) Buy American Provisions. LOAN AGREEMENT Promissory Notes are less formal than Loan Agreements. to Borrower and deposited into the Borrower Account; or. continues undischarged or unstayed for a period of sixty (60)days; (vii) such Person makes a general For purposes of this definition, control (including with correlative meanings, the terms controlling, controlled by, and under common control with) means (a) This Agreement may be terminated at any time by either Party by written notice to the other Party (i)if Lender has not made an Advance and its obligation to make Advances has expired in (ii) Each Borrower Party, and their respective Principal Persons, employees and agents are otherwise conducting the Projects and each Project Companys business in compliance with all applicable 2002-2023 LawDepot (Sequiter Inc.). of notice or passage of time or both, would become a Transaction Documents Event of Default. any option for the purchase of, or any agreement, arrangement or understanding providing for the issuance (contingent or otherwise) of, or any call, loan commitment or claims of any character relating to, Sponsor Member and each Project

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