Subject to the provisions of this agreement (hereinafter called “Loan Agreement”), the Lender agrees to lend to the Borrower and the Borrower agrees to borrow from the Lender the maximum, principal amount of USD 1,000,000 (ONE MILLION UNITED STATES DOLLARS), hereinafter called “the Loan Amount”. The Loan Amount will be made available in 2 (TWO) cycles (hereinafter called “Loan Cycle”) of USD 1,000,000 (ONE MILLION UNITED STATES DOLLARS) each.