Bank Term Loans definition
Examples of Bank Term Loans in a sentence
Capitalized terms not defined herein shall have the respective meanings ascribed thereto in the US Bank Term Loans or the Xxxxx Fargo Credit Facility.
All HDFC Bank Term Loans are secured against Equitable mortgage of properties as:-1) Plot No. 16, Phase 1/2, GIDC Estate, Noroda, Ahmedabad-382330 in the name of Mr. Kapoor Chand Garg2) Plot No. 625, Phase-4, , GIDC Estate Naroda, Ahmedabad-382330, in the name of Latteys Industries Ltd.
The US Bank Term Loans constitute a separate instrument and may be negotiated, extended or renewed by Secured Party without releasing Debtor, the Collateral, or any guarantor or co-maker.
Long-term debt as of the periods presented consisted of the following: )) Events Related to the Secured Bank Term Loans - On June 22, 2018, the Company’s $12.0 million Revolving Credit Facility – ADS Mexicana matured.
Total Tranche A Bank Loans in the amount of $136,000,000 were converted into the Continuing Bank Term Loans (the Term Loan(s)) on June 8, 1995 (the Conversion Date).
Motion: Moved Steve Garland/Seconded Sarah ClarkThat Tony Deavoll is nominated to sit on the Community of Learning Stewardship Committee.
The REIT Guaranty will terminate on the earlier of the date on which (i) the outstanding principal amount of the New Bank Term Loans is reduced to less than $650.0 million and (ii) after the second anniversary of the Closing Date, the Debt Yield Ratio is greater than 15.0%.
Interest Expense- For Bank Term Loans & Short Term borrowings 7997907 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2016 Particulars As at As at31st March, 2016 31st March, 201527.
Fiscal 2019 Amendment to the Secured Bank Term Loans – On July 9, 2018, the Company amended the Second Amended and Restated Credit (the “Credit Agreement”) and the Second Amended and Restated Private Shelf Agreement (the “Private Shelf Agreement”) to amend the definition of Consolidated EBITDAand changed the timing of the quarterly rate adjustments.
The YES Bank Term Loans accrue interest at a rate of 11.15% and the YES Bank Credit Facility accrues interest at a rate of 10.2%.