Examples of Bank Term Loans in a sentence
In making a determination requiring the operator to include an upgrade of some sort in its proposal, the local govern- ment must take into account the cost of meeting the up- grade.90 Such cost will, of course, impact the cable opera- tor from a capital investment standpoint and the subscriber, whose cable rates will undoubtedly be increased to pay for the upgraded system.
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.
No restrictions on optional prepayment, and the New Bank Term Loans may be prepaid at any time and from time to time without premium or penalty.
In addition, the consents also permitted the Company’s payment of a quarterly dividend of $0.06 per share on common shares in December 2016, as well as reaffirmed the annual dividend of $0.0195 per share to be paid on shares of preferred stock in March 2017.In December 2016, the Company obtained additional consents from the lenders of the Bank Term Loans and Senior Notes.
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%.
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%.
The YES Bank Agreement consists of (a) term loans maturing on February 18, 2029 (the “YES Bank Term Loans”) in the aggregate principal amount ofapproximately $34.7 million, and (b) a credit facility (the “YES Bank Credit Facility,” and, together with the YES Bank Term Loans, the “YES Bank Facility”) with approximately $11 million of availability, approximately $4.8 million of which is drawn.
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.
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.
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.