Examples of Assigned Loans in a sentence
Accordingly, the entire amount of the Assigned Loans could be settled without any cash outflow of the Group while the Company, pursuant to the Facility Letter is permitted to draw the facility until the earlier of (a) 30 September 2012, being one month before the final repayment date under the Facility Letter; and (b) the date on which the amount of available facility is reduced to zero.
Assigned Interest: Aggregate Amount of Amount of Percentage Commitment/ Commitment/ Assigned of Facility Loans for all Loans Commitment/ CUSIP Assignor[s] Assignee[s] Assigned Lenders Assigned Loans Number $ $ % $ $ % $ $ % [7.
The Company has agreed to the Setting Off arrangement which in effect capitalised the Assigned Loans of HK$128,054,101.26 into new equity of the Company thus reducing the gearing of the Group; and at the same time increasing the availability of the facility under the Facility Letter by the amount of HK$104,667,902.02 (being the amount of the Assigned Yeung Loan) and providing more financial resources of the Company to meet its working capital requirement.
The aggregate Subscription Price of the SR Shares will be settled by way of setting off of the entire amount of the Assigned Loans on a dollar-to-dollar basis.
The City of Miramichi or the Greater Miramichi Regional Service Commission may choose to enforce these recommendations.