The phrase "agreement to borrow" is correct and usable in written English.
It can be used in contexts involving financial transactions, contracts, or discussions about borrowing terms.
Example: "The parties reached an agreement to borrow funds for the new project."
Alternatives: "contract to borrow" or "arrangement to borrow."
Step 1: In November 2011, Emmis obtained new capital, entering into an agreement to borrow $35 million from the Zell Credit Opportunities Master Fund.
The clothing designer has an agreement to borrow $53 million from the CIT Group/Commercial Services so it can continue operations, according to court documents.
To make the necessary investments, especially in the purchased operations, Micron Technology won an agreement to borrow $750 million from Texas Instruments.
To curtail naked short-selling, the new rules would require an investor to have borrowed the instruments concerned, entered into an agreement to borrow them or have an arrangement with a third party to locate and reserve them for lending and delivery within a maximum of four days after the transaction.
However, it said it had not yet reached agreement to borrow the estimated £1bn needed to finance the relief road.
However, it said it had not yet reached agreement to borrow the estimated £1bn needed to finance the relief road, south of Newport.
ONLY days before, Mr. Parker said, America West had signed tentative agreements to borrow $200 million in connection with a purchase of airplanes.
So he urged the Japanese government to enter into private long-term agreements to borrow from commercial banks, instead of issuing government debt.
Countries such as Britain, China and Australia said they were ready to inject new funds into the IMF, either through bigger quotas or through additional money for the IMF's New Agreements to Borrow (NAB) crisis fund.
Second, the agreement allows Mexico to borrow even more from the I.M.F., and presumably the banks, if the price of oil falls below a level that the officials declined to disclose.
An expanded agreement would allow Indonesia to borrow more dollars from China if needed to buy rupiah in currency markets someday during another period of exchange rate volatility.
