Terms and conditions of the transaction. 1) The basis and terms and conditions of this merger shall be determined based on the inventory of the portfolio and the net assets of the Absorbed Fund certified by the auditor, taking into account the creation of the Absorbing SICAV by means of a contribution of all assets of the Absorbed Fund.
Terms and conditions of the transaction. The Contributor has determined that the terms and conditions of the transactions contemplated by this Agreement, on an overall basis, are fair and reasonable to the Contributor.
Terms and conditions of the transaction. The terms and conditions applicable to credit transactions shall be as follows: (in case of several types of transactions, please xxxx “v” or the relevant number in the ( ) spaces below after receiving explanation from the Bank employee). Credit Item(Type) Standard loan Classification of Transaction □ Revolving Non-Revolving Credit Amount(Maximum) KRW 20,000,000,000 Credit Commencement Date December 30, 2015 Maturity Date December 30, 2018 Interest Rate and Others □Fixed □ [ ]% per year until maturity date□ Base rate ( ) + ( )% Floating Base rate (3-Month CD) + (2.13)%□ Other ( ) Default penalty rate Default penalty rate shall be the interest rate set forth in Article 1 plus the below default interest rate to the extent of maximum (15)%: If the overdue period is (1) month or less: 6% per year If the overdue period is (3) months or less: 7% per year If the overdue period is over (3) months: 8% per year Calculation method of interest and default penalty Unless stated otherwise, loan interest and default interest shall be computed daily on a three hundred sixty five-day calendar year (366 days in case of leap years). However, in the case of foreign exchange transactions, international practices and commercial customs shall apply. Early Repayment Fee Early repayment fee shall be the amount of the early repayment x early repayment fee rate x (the remaining loan period/loan period). This shall be applied for (3) years from date of initial loan (including extended periods). The early repayment fee rate shall be (1.4)%.□ Others ( ) Commitment Fee for Unused Credit Limit □ Unused amount from agreed credit limit (i.e. average balance of agreed credit limit - average balance of credit during operation period) x ( )% x operation period/365(366 days in case of leap years, and 360 in case of foreign exchange loan) Credit ExecutionMethod The loan shall be executed in lump sum on the Credit Commencement Date.□ The loan shall be executed in installments after the Bank confirms the purpose and the specific amount of the loan to be extended based on submitted evidentiary documents, the goods or others.□ The loan shall be executed upon the Borrower’s request satisfying certain requirements.□ Others ( ) Method of Repayment □ The loan shall be fully repaid in lump sum on the Maturity Date.□ The loan shall be repaid in installment every (*) months from [dd/mm/yyyy] with a grace period of (*) years and (*) month(s) from the Credit Commencement Date.□ The loan shall be repaid free...
Terms and conditions of the transaction. Each of the Sellers has received the opinion of Emory & Co. to the effect that the Consideration is fair to the partners and members of the Sellers from a financial point of view.
Terms and conditions of the transaction. The terms and conditions of the transaction shall be as follows
