Loan Transactions Sample Clauses

Loan Transactions. Customer may use InView for purposes of debiting any deposit account enrolled in InView in order to make a payment on any loan enrolled in InView. Customer may use InView to procure an advance from any non-supervised replenishing line of credit maintained by Customer with Bank which is enrolled in InView and which has availability and to deposit such advance into any deposit account enrolled in InView. Eligibility of lines of credit for enrollment in InView is subject to Bank approval.
Sample 1
AutoNDA by SimpleDocs
Loan Transactions. Transactions: Pricing terms: (a) be no higher than the maximum rate for the same type of loans stipulated by the PBOC from time to time; (b) make reference to market interest rates, being the interest rates charged by independent third party commercial banks and/or financial institutions providing the same type of loan services on normal commercial terms in their ordinary course of business in the same or nearby service area, and in accordance with the principle of fairness and reasonableness; and (c) make reference to the interest rates charged by COSCO SHIPPING Finance to other members of the COSCO SHIPPING Group with the same qualities for the same type of loan in the same period of time. If any member of the Group is unable to repay the outstanding loans owing by the Group to COSCO SHIPPING Finance, COSCO SHIPPING Finance will have the right to offset such outstanding loans due from the Group against the deposits placed by the Group with COSCO SHIPPING Finance.
Sample 1
Loan Transactions. Any loan provided by COSCO Finance to members of the Group will be subject to the following terms: The rate of interest which will accrue on any loan to be provided by COSCO Finance to the Group under the New Financial Services Master Agreement will be determined with reference to: (a) market interest rates, being the interest rates set by independent third party commercial banks operating in the same or nearby service area in the PRC in their ordinary course of business on normal commercial terms for the same type of loan services, determined in accordance with the principle of fairness and reasonableness; and (b) the interest rates charged by COSCO Finance to other parties for the same type of loan services. The daily maximum aggregate outstanding amount of loans to be provided by COSCO Finance to the Group (including any interest accrued thereon) for each of the financial years during the term of the New Financial Services Master Agreement are estimated to be: For the financial year ending 31 December 2017 For the financial year ending 31 December 2018 For the financial year ending 31 December 0000 XXX’ million RMB’ million RMB’ million Estimated daily maximum aggregate outstanding amount of loans (including any interest accrued) 4,000 4,000 4,000 Such transaction caps are determined with reference to (i) the historical amount of the borrowings of the Group; (ii) the adjusted estimated maximum amounts of borrowings announced by the Company on 30 March 2016; and (iii) the expected new borrowings of the Group for the three financial years ending 31 December 2019 and with a view to managing the Group’s financial risks effectively and reasonably.
Sample 1
Loan Transactions. Simultaneously with the execution hereof and pursuant to the terms of a Senior Secured Credit Agreement with Bankers Trust Company, as Agent, the Company obtained a loan in the principal amount of $100,000,000 the proceeds of which were used in part to (a) repay in full all outstanding Funded Indebtedness of the Company immediately prior to giving effect to the Closing Transactions which Funded Indebtedness is described on Schedule 1.2 hereto (the Shareholders hereby severally represent and warrant that Schedule 1.2 accurately reflects the Funded Indebtedness of the Company prior to giving effect to the Closing
Sample 1
Loan Transactions. Borrower agrees to indemnify Lender and its directors, officers, employees and agents, against all losses, claims, damages, penalties, judgments, liabilities and expenses (including, without limitation, all reasonable expenses of litigation or preparation therefor, whether or not the indemnified Person is a party thereto) which any of them may pay or incur arising out of or relating to any Loan Document or any of the transactions contemplated thereby or the direct or indirect application or proposed application of the proceeds of any extension of credit made available hereunder, other than those which arise from the gross negligence or willful misconduct of the Person claiming indemnification. Borrower, upon demand by Lender at any time, shall reimburse Lender for any legal or other expenses incurred in connection with investigating or defending against any of the foregoing except if the same is directly due to the gross negligence or willful misconduct of the Person to be indemnified.
Sample 1
Loan Transactions. On the Backstop Date, and subject to the conditions set forth in this Section 1, upon written notice to exercise the Call Right as provided for in Section 1 and provided the Backstop Amount is greater than zero as of the Backstop Date, the Company shall deliver to the Buyer, a Note in the original principal amount of the Backstop Amount against delivery by the Buyer by wire transfer in immediately available funds of the Backstop Amount.
Sample 1
Loan Transactions 
Sample 1
AutoNDA by SimpleDocs

Related to Loan Transactions

  • Repurchase Transactions (a) Repo Custodian shall make all credits and debits to the Transaction Account and effect the transfer of Securities to or from the Participating Funds upon proper instructions received from the Participating Funds, or the Custodian on behalf of the Participating Funds, and shall make all credits and debits to the Seller Account and effect the transfer of Securities to or from the Seller upon proper instructions received from Seller. In the event that Repo Custodian receives conflicting proper instructions from Seller and the Participating Funds, or the Custodian on behalf of the Participating Funds, Repo Custodian shall follow the Participating Funds' or the Custodian's proper instructions. The Participating Funds shall give Repo Custodian only such instructions as shall be permitted by the Master Agreement. Notwithstanding the preceding sentence, the Participating Funds, or the Custodian on behalf of the Participating Funds, may from time to time instruct Repo Custodian to transfer cash from the Transaction Account to Custodian. (b) (i) Whenever on any Banking Day one or more Funds and Seller agree to enter into a repurchase transaction, Seller and the Participating Funds, or the Custodian on behalf of the Participating Funds, will give Repo Custodian proper instructions by telephone or otherwise on the Sale Date, specifying the Transaction Category, Repurchase Date, Sale Price, Repurchase Price or the applicable Pricing Rate and the Margin Percentage for each such repurchase transaction. (ii) In the case of repurchase transactions in which the Repurchase Date is the Banking Day next following the Sale Date (x) the Participating Funds may increase or decrease the Sale Price for any such repurchase transaction by no more than 10% of the initial Sale Price by causing to be delivered further proper instructions by telephone or otherwise to Repo Custodian prior to the close of business on the Sale Date and (y) Seller and the Participating Funds may by mutual consent agree to increase or decrease the Sale Price by more than 10% of the initial Sale Price by causing to be provided further proper instructions to Repo Custodian by the close of business on the Sale Date. In any event, Repo Custodian shall not be responsible for determining whether any such increase or decrease of the Sale Price exceeds the 10% limitation. (c) Seller will take such actions as are necessary to ensure that on the Sale Date the aggregate Market Value of all Securities held by Repo Custodian for Seller and cash in the Seller Account equals or exceeds the Margin Percentage of the Sale Price. Seller shall give Repo Custodian proper instructions specifying with respect to each of the Securities which is to be the subject of a repurchase transaction (a) the name of the issuer and the title of the Securities, and (b) the Market Value of such Securities. Such instructions shall constitute Seller's instructions to Repo Custodian to transfer the Securities to the Participating Funds and/or Cash Collateral from the Seller Account to the Transaction Account.

  • Related Transactions 10 3.10 Insurance.............................................................................10 3.11

  • Adverse Transactions Enter into any transaction which materially and adversely affects the Collateral or its ability to repay the Obligations in full as and when due;

  • Arm’s Length Transactions During the term of this Agreement, all transactions and dealings between the Trust Depositor and its Affiliates will be conducted on an arm’s-length basis.

  • Acquisition Transactions The Company shall provide the holder of this Warrant with at least twenty (20) days’ written notice prior to closing thereof of the terms and conditions of any of the following transactions (to the extent the Company has notice thereof): (i) the sale, lease, exchange, conveyance or other disposition of all or substantially all of the Company’s property or business, or (ii) its merger into or consolidation with any other corporation (other than a wholly-owned subsidiary of the Company), or any transaction (including a merger or other reorganization) or series of related transactions, in which more than 50% of the voting power of the Company is disposed of.

  • Non-Arm’s Length Transactions To the knowledge of the Company, after due inquiry, except as disclosed in writing to the Underwriters or in the Registration Statement, the Time of Sale Information and the Prospectuses, neither the Company nor any subsidiary is a party to any contract, agreement or understanding with any officer, director, employee or any other person not dealing at arm’s length with the Company or any subsidiary which is required to be disclosed by applicable Canadian Securities Laws.

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • Other Transactions Nothing contained herein shall preclude the Agent or any other Lender from engaging in any transaction, in addition to those contemplated by this Agreement or any other Loan Document, with the Borrower or any of its Affiliates in which the Borrower or such Affiliate is not restricted hereby from engaging with any other Person.

  • Related Person Transactions Except for indemnification, compensation or other employment arrangements in the ordinary course of business, there are no Contracts, transactions, arrangements or understandings between the Company or any of its Subsidiaries, on the one hand, and any Affiliate (including any director or officer) thereof, but not including any wholly owned Subsidiary of the Company, on the other hand, that would be required to be disclosed pursuant to Item 404 of Regulation S-K promulgated by the SEC in the Company’s Form 10-K or proxy statement pertaining to an annual meeting of stockholders.

  • Foreign Transactions Visa. Purchases and cash withdrawals made in foreign currencies will be debited from your account in U.S. dollars. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives or the government-mandated rate in effect for the applicable central processing date. The exchange rate used on the processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!