Hong Kong Borrower definition
Examples of Hong Kong Borrower in a sentence
Borrower A: Asian Grace Shipping Limited British Virgin Islands Vessel A: 20,427 dwt bulk carrier "Kent Timber" which on delivery under the relevant Contract will be registered in the ownership of Borrower A under the laws and flag of Hong Kong Borrower B: African Glory Shipping Limited.
During the Hong Kong Revolving Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make Hong Kong Revolving Loans to the Hong Kong Borrower in an aggregate amount up to but not exceeding such Lender’s Hong Kong Revolving Commitment; provided, that after giving effect to the making of any Hong Kong Revolving Loans in no event shall the Total Utilization of Hong Kong Revolving Commitments exceed the Hong Kong Revolving Commitments then in effect.
Upon the Additional Borrower’s addition as a Borrower, the Additional Borrower shall be deemed to be a Singapore Borrower, an Australia Borrower or a Hong Kong Borrower hereunder, as the case may be.
The principal terms and conditions of the Loan Agreement are summarised as follows: Date : 2 December 2019 Lender : Hong Kong Builders, a licensed money lender in Hong Kong Borrower : Customer AS Principal amount of the Facilities : Up to HK$100.00 million Interest rate : 8.00% per annum, payable quarterly Default interest rate : 8.00% per annum on overdue sums from the due date until payment in full.
Date of the Loan Agreement: 24 March 2014 Lender : Pure Profit, a licensed money lender in Hong Kong Borrower: ▇▇▇▇▇ Capital Limited Guarantor: ▇▇.
The principal terms and conditions of the Loan Agreement are summarised as follows: Date : 6 February 2018 Lender : Hong Kong Builders, a licensed money lender in Hong Kong Borrower : Customer AI Principal amount of the Facilities : Up to HK$170.00 million Interest rate : 9.00% per annum, payable quarterly Default interest rate : 9.00% per annum on overdue sums from the due date until payment in full.
The principal terms and conditions of the Loan Agreement are summarised as follows: Date : 25 November 2015 Lender : Pure Profit, a licensed money lender in Hong Kong Borrower : Customer W Principal amount of : Up to HK$73.5 million.
The principal terms and conditions of the Loan Agreement are summarised as follows: Date : 1 June 2017 Lender : Hong Kong Builders, a licensed money lender in Hong Kong Borrower : Customer C Principal amount of the Facilities : Up to HK$40.00 million Interest rate : 8.00% per annum, payable quarterly in arrears Default interest rate : 8.00% per annum on overdue sums from the due date until payment in full.
Within the limits of each Lender’s Unused Singapore Dollar Revolving Credit Commitment in effect from time to time and prior to the Termination Date, each Singapore Borrower and Hong Kong Borrower may borrow under this Section 2.01(a), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a).
For the avoidance of doubt, the U.S. Borrower’s Guaranty US-DOCS\106883637.15 of the Obligations of the European Borrower and the Hong Kong Borrower under this Agreement shall not be released.