Examples of Existing Credit Facilities in a sentence
Parent shall pay, or shall cause one or more of its Subsidiaries to pay, the applicable payoff amounts in respect of such indebtedness on the Closing Date and Parent will cause standby letters of credit to be issued or other appropriate arrangements to made with respect to letters of credit issued under the Existing Credit Facilities so that the commitments under the Existing Credit Facilities may be terminated on the Closing Date.
The Issuer will use the net proceeds received from the offering of the Notes, together with drawings under the Revolving Credit Facility and the amount extended under the PIK Proceeds Loan, to fully repay outstanding amounts under the Existing Credit Facilities as well as to pay related accrued interest and break costs, if any, in connection with the repayment and cancelation of such facilities.
The Existing Credit Facilities include a HK$4,290.0 million term loan facility and a HK$3,120.0 million revolving credit facility.
Figure 6: Evolutions of the income composition by income groups (a) P99 (b) P90-P98 Notes: The Figure shows how the structure of income changes for different groups defined by their 2012 income group.
As adjusted amount reflects the payment of €17.8 million estimated transaction costs and€0.5 million repayment of Existing Credit Facilities.