LONG-TERM LOANS FROM FINANCIAL INSTITUTIONS Sample Clauses

LONG-TERM LOANS FROM FINANCIAL INSTITUTIONS. Consisted of: Baht Consolidated financial statements Separate financial statements As at March 31, 2023 As at December 31, 2022 As at March 31, 2023 As at December 31, 2022 Long-term loans 4,477,735,500 4,621,495,501 2,098,402,360 2,160,773,790 Less Current portion (1,496,670,006) (1,509,540,006) (853,115,720) (873,485,720) Net 2,981,065,494 3,111,955,495 1,245,286,640 1,287,288,070 Changes in the long-term loans from the financial institutions for the three-month period ended March 31, 2023 was as follows : Baht Consolidated financial statements Separate financial statements Balance, beginning of the period 4,621,495,501 2,160,773,790 Addition loan during the period 205,000,000 130,000,000 Repayment of loan during the period (348,760,001) (192,371,430) Balance, end of the period 4,477,735,500 2,098,402,360 As at March 31, 2023 and December 31, 2022, the Company and its subsidiaries had long-term loan facilities from local commercial banks amounted to Baht 9,309 million and Baht 8,689 million (the Separate amount of Baht 4,065 million and Baht 4,065 million), respectively. These long-term loans from the financial institutions were secured by the mortgage of the Company’s and its subsidiaries’ land with construction, plant and medical equipment and investment property and pledged the share certificates of subsidiaries and related companies as described in Note 10 12 13 and 14 to the interim financial statements. Under the conditions of the long-term loan agreement, the Company has to comply with the conditions and restrictions as specified in the agreements.
Sample 1
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LONG-TERM LOANS FROM FINANCIAL INSTITUTIONS. Consisted of: Baht Consolidated financial statements Separate financial statements As at March 31, 2021 As at December 31, 2020 As at March 31, 2021 As at December 31, 2020 Long-term loans 4,857,675,511 4,556,465,513 2,030,583,800 2,039,175,230 Less Current portion (1,140,040,010) (1,065,160,006) (567,435,720) (563,345,720) Net 3,717,635,501 3,491,305,507 1,463,148,080 1,475,829,510 Changes in the long-term loans from the financial institutions for the three-month period ended March 31, 2021 was as follows : Consolidated financial statements Baht Separate financial statements Balance, beginning of the period 4,556,465,513 2,039,175,230 Addition loan during the period 635,000,000 200,000,000 Repayment of loan during the period (333,790,002) (208,591,430) Balance, end of the period 4,857,675,511 2,030,583,800 As at March 31, 2021 and December 31, 2020, the Company and its subsidiaries had long-term loan facilities from local commercial banks in the amount of Baht 8,349 million and Baht 7,475 million (the Separate amount of Baht 3,645 million and Baht 2,915 million), respectively, consist of: In 2021, the subsidiary entered into a long-term loan agreement with a local commercial bank as follows: For the Company On March 22, 2021 the Company entered into a loan agreement with a local commercial bank in the credit facility amount of Baht 550 million which has been withdrawn amounting to Baht 200 million. The loan has a term of repayment within 60 months. The principal will be repaid by monthly basis at Baht 9.70 million after withdrawal the third installment of loan. The interest at the rate of short-term USD Fixed 1.712% per annum. The Company has entered into hedging agreement from interest rate with such bank at the fixed interest rate of 2.45% per annum. For the subsidiary company - Chiang Mai Ram Hospital Co., Ltd On February 19, 2021, The subsidiary company entered into a loan agreement in Baht currency with a local commercial bank in the credit facility amount of Baht 300.00 million which has been withdrawn amounting to Baht 300.00 million. The loan has a term of repayment within 60 months. The principal will be repaid by monthly basis at Baht 5 million, bear interest at the rate of 3 month fixed deposit plus 2.75% per annum. On March 3, 2021, The subsidiary company entered into the loan agreement in Baht currency with a local commercial bank from Soft Loan Scheme of Bank of Thailand to help customers affected by the pandemic of COVID-19 in the credit fa...
Sample 1
LONG-TERM LOANS FROM FINANCIAL INSTITUTIONS. This account consisted of :- Baht Consolidated financial statements Separate financial statements As at June 30, 2019 As at December 31, 2018 As at June 30, 2019 As at December 31, 2018 Beginning balance 895,969,305 981,479,607 621,969,876 773,199,607 Increase 150,000,000 120,000,000 150,000,000 - Decrease (102,047,305) (205,510,302) (72,049,876) (151,229,731) Ending balance 943,922,000 895,969,305 699,920,000 621,969,876 Less Current portion within one year (218,004,857) (186,094,733) (158,010,000) (126,099,876) Net 725,917,143 709,874,572 541,910,000 495,870,000 On March 11, 2019, the Company entered into a loan agreement from a local commercial bank in the credit line Baht 150 million to use as working capital in the business. The Company has fully drawn down the loan on March 19, 2019 with the condition to repay the principal with interest monthly at 2.75 percent per year at Baht 3.125 million per month starting the first installment from the following month from the first month of the loan draw down and the repayment period is within 4 years.
Sample 1
LONG-TERM LOANS FROM FINANCIAL INSTITUTIONS. Changes in the long-term loans from financial institutions account for the three-month period ended March 31, 2021 are summarized below. Thousand Baht Consolidated/Separate financial statements Balance as at beginning of period 273,467 Repayment (36,000) Balance as at end of period 237,467 Less current portion (122,000) Long-term loans from financial institutions - net 115,467 Loans from financial institutions had conditions the principal and interest payment of three credit lines to the Company as follows: - The principal repayment schedule is readjusted as follows: Million Baht March 2021 - September 2021 (per period) 36.00 December 2021 24.00 March 2022 - September 2022 (per period) 35.60 Final period December 2022 Repay the remaining amount of principal - For the interest, extend and adjust the monthly interest payment as follows:
Sample 1
LONG-TERM LOANS FROM FINANCIAL INSTITUTIONS. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at September 30, 2021 As at December 31, 2020 As at September 30, 2021 As at December 31, 2020 Current Current portion 537,691 592,029 413,163 335,041 Non-current Long-term loans from financial institutions 218,186 587,191 - 383,005 Total 755,877 1,179,220 413,163 718,046 Movements of long-term loans from financial institutions during the nine-month period ended September 30, 2021 and for the years ended December 31, 2020, were as follows : In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at September 30, 2021 (For the nine-month) As at December 31, 2020 (For the year) As at September 30, 2021 (For the nine-month) As at December 31, 2020 (For the year) Beginning balance 1,179,220 2,230,351 718,046 1,412,976 Increase 90,762 1,432,802 26,243 975,764 Decrease (514,105) (2,483,933) (331,126) (1,670,694) Ending balance 755,877 1,179,220 413,163 718,046 Long-term loans from financial institutions of the Group carry interest at the rate of MLR minus fixed number per annum. The loan agreements also stipulated that loan repayments are to be made proportionately when properties are sold and transferred the right to customers and full payment is to be made within 2024. The loan agreements contain covenants pertaining to matters including the maintenance of certain financial ratios, such as debt-to-equity. Long-term loans from financial institutions are secured by the mortgage of land in each project. Some loans from financial institutions are also guaranteed by the subsidiaries.
Sample 1
LONG-TERM LOANS FROM FINANCIAL INSTITUTIONS. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at December 31, 2019 As at December 31, 2018 As at December 31, 2019 As at December 31, 2018 Current Current portion 1,058,557 1,564,231 765,993 1,224,237 Non-current Long-term loans from financial institutions 1,171,794 878,191 646,983 409,602 Total 2,230,351 2,442,422 1,412,976 1,633,839 Movements of long-term loans from financial institutions during for the years ended December 31, 2019 and 2018 were as follows : In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at December As at December As at December As at December 31, 2019 31, 2018 31, 2019 31, 2018 Beginning balance 2,442,422 1,643,200 1,633,839 1,464,648 Increase 1,291,444 3,040,741 803,438 2,112,927 Decrease (1,503,515) (2,241,519) (1,024,301) (1,943,736) Ending balance 2,230,351 2,442,422 1,412,976 1,633,839 Long-term loans agreement details as at December 31, 2019 and 2018 were as follows: In Million Baht Balance as at December 31, Agreements 2019 2018 Repayment The Company Group 1 932 777 Payments of principal are to be made at a percentage of the value of property transferred to customers. The full payment is to be made within 2021. Group 2 367 621 Payments of principal are to be made at a percentage of the value of property transferred to customers. The full payment is to be made within 2022. Group 3 26 117 Payments of principal are to be made at a percentage of the value of property transferred to customers. The full payment is to be made within 2022. Group 4 88 119 Payments of principal are to be made at a percentage of the value of property transferred to customers. The full payment is to be made within 2021.
Sample 1

Related to LONG-TERM LOANS FROM FINANCIAL INSTITUTIONS

  • FINANCIAL INSTITUTION’S LIABILITY Liability for failure to make transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

  • Financial Institution with Only Low-Value Accounts An Estonian Financial Institution satisfying the following requirements:

  • Accounts Excluded from Financial Accounts The following accounts are excluded from the definition of Financial Accounts and therefore shall not be treated as U.S. Reportable Accounts.

  • Determine Whether a Non-U.S. Entity Is a Financial Institution a) Review information maintained for regulatory or customer relationship purposes (including information collected pursuant to AML/KYC Procedures) to determine whether the information indicates that the Account Holder is a Financial Institution.

  • Financial Institution with a Local Client Base A Financial Institution satisfying the following requirements:

  • Premium Finance In arranging premium finance, we act as a credit broker to provide you with a premium finance facility which is designed solely for the purposes of facilitating a loan for repayment of insurance premiums. We will only provide you with information about this payment option on a non-advised basis from which you will need to make your own decision as to the suitability of this facility and whether you wish to proceed. Where we arrange premium finance on your behalf, we are remunerated for our assistance in putting this financing in place. We can provide details of our remuneration on request. When arranging premium finance your premium finance provider may undertake an enquiry with credit reference agencies who will add details of the search and the application to their record about you, whether or not the application proceeds. Further details will be provided when an application for finance is made. Insurers own credit facilities may also be available if appropriate. Where you pay your premium by instalments and use a premium finance provider, if any direct debit or other payment due in respect of the credit agreement you enter into to pay insurance premiums is not met when presented for payment or if you end the credit agreement we will be informed of such events by your premium finance provider. If you do not make other arrangements with us or your premium finance provider to pay the insurance premiums you acknowledge and agree that we may, at any time after being so informed, instruct on your behalf the relevant insurer to cancel the insurance (or, if this occurs shortly after the start or renewal of the insurance, to notify the insurer that the policy has not been taken up) and to collect any refund of premiums which may be made by the insurer. If any money is owed to the premium finance provider under your credit agreement or if they have debited us with the amount outstanding, we will use any refund received to offset our costs. You will be responsible for paying any remaining time on risk charge and putting in place any alternative insurance and / or payment agreements you need. You also agree that we may hold to the order of the premium finance provider any claims monies due to you in the event that you are in default of your credit agreement.

  • College Credit Plus A. The opportunity to teach any course offered by the district through College Credit Plus (CCP) shall be offered to all members of the bargaining unit who are qualified to teach the course.

  • Alternative Risk Financing Programs The County reserves the right to review, and then approve, Contractor use of self-insurance, risk retention groups, risk purchasing groups, pooling arrangements and captive insurance to satisfy the Required Insurance provisions. The County and its Agents shall be designated as an Additional Covered Party under any approved program.

  • Financial Instruments Not applicable

  • Financial Commitment 4.1. The cost associated with the representative season (refer representative season handbook) MUST be paid with the signing of this agreement.

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