Examples of Bank Term Sheet in a sentence
Step 3: Board approval of Bank Term Sheet and authorize closing on bonds.
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On the Effective Date, the applicable Reorganized Debtors, and/or any successors, assigns, or transferees of the applicable Debtors or Reorganized Debtors, including in connection with the Restructuring Transactions, shall enter into the Amended and Restated Bank Facilities (the terms of which are set forth in the Bank Term Sheet).
Owen County State Bank Term Sheet Action: Approved Terry English motioned to approve working capital of $80,000 with Owen County State Bank with terms specified on sheet, signing of promissory note and other working documents.
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It is the intent of this Authorizing Resolution, together with the Bank Term Sheet, among other things, to create a valid and binding contract and agreement between the County and the Bank in connection with the sale of the Refunding Bond and the purchase thereof by the Bank, including the terms and provisions of the loan from the Bank to the County represented thereby.
The details of Métier Mixed Concrete’s material loans, as at the Last Practicable Date, are set out below, but, in terms of the Standard Bank Term Sheet, the finance agreements detailed below will be refinanced by the R110 million capital expenditure facility, details of which are set out in point 2 in the table above.The average term of the finance agreements as at the Last Practicable Date is three years at an average effective borrowing rate of 7%.
The Preliminary Bank Term Sheet (the “Term Sheet”), attached hereto as Exhibit A, prepared to facilitate placement of the Certificate is hereby approved.
The Texas Arts & Crafts Fair shall not be liable for loss or damages that may be caused by poor attendance, too few vendors, or any other circumstances that vendor may deem to have adversely impacted their participation in the event.
All provisions of this Authorizing Resolution and the Bank Term Sheet shall be construed accordingly.