HSBC Loan definition

HSBC Loan means the Indebtedness made available by HSBC Bank Australia Limited to the Borrower pursuant to a loan agreement dated 1 November 2011 as amended from time to time.
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HSBC Loan means the loan facility made available by The Hong Kong and
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HSBC Loan means (a) the term loan facility of up to HK$720 million granted by HSBC to Mega Well and (b) the revolving loan facility of up to HK$425 million granted by HSBC to Mega Well, where the context shall so require, the outstanding amount of the principal sum and any interest accrued thereon;
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Examples of HSBC Loan in a sentence

  • The proceeds from the subscription of all Convertible Notes are to be used by Borrower for: (i) refinancing and repaying all amounts outstanding under the HSBC Loan and part of the Permitted Indebtedness; (ii) payment to Renewable Energy Systems Limited (or its Related Bodies Corporate) in respect of the TaraIga wind farm project; and (iii)general working capital purposes and for any other purpose to which PFG consents (acting reasonably).

  • The Indemnifier shall not be liable to pay any amount under this Clause 19 (Indemnity by the Issuer, HSBC, Loan Note Issuer No.1 and the Receivables Trustee) to any Indemnified Person where the relevant Claim has been settled or compromised without its prior written consent (which shall not be unreasonably withheld).

  • Covenants Of The Issuer, HSBC, Loan Note Issuer No.1 And The Receivables Trustee...............................................

  • The HSBC Loan was to mature on April 10, 2020 but prior to the maturity date it was renewed for an additional 90 days to July 10, 2020.

  • The proceeds of the Debenture Issue will be used primarily to repay amounts borrowed to date under the HSBC Loan Facility.

  • A certified true copy of the memorandum and articles of association of the Issuer, HSBC, Loan Note Issuer No.1 and the Receivables Trustee.

  • The Issuer, HSBC, Loan Note Issuer No.1, the Receivables Trustee and the Dealers may agree to postpone the Issue Date to another date not later than 14 days after the Issue Date, whereupon all references herein to the Issue Date shall be construed as being to that later date.

  • Wilde stated that she admires Morton Stout allowing her heart to be a part of the decisions she makes and that Wilde tries to emulate that same approach and feels that is exactly what the board needs.

  • The Company has funded the remainder of its expenditure through the HSBC Loan Facility and its own operating cash flow.

  • Further details of the EBRD Tranche A Loan Facility, the EBRD Tranche C Loan Facility, the HSBC Loan Facility and the Debt Restructuring are set out in the summary of the Group’s indebtedness on page 14 of this document.

Related to HSBC Loan

  • Commercial loan means a loan that is not made primarily for

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(S) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Japan Local Currency Advance means any Advance, denominated in Japanese Yen, made to CFKK pursuant to Sections 2.03C and 2.03D of the Credit Agreement and this Addendum. A Japan Local Currency Advance shall bear interest at the rate specified in Schedule II.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Agency loan agreement means any agreement pursuant to

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Local Currency Advance means any Advance, denominated in Pounds Sterling, Euro, or any other Agreed Currency which CIF requests the Local Currency Banks to include as a Local Currency and which is reasonably acceptable to the Local Currency Banks, made to CIF pursuant to Sections 2.03A and 2.03B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at the rate specified in Schedule II.

  • Cov-Lite Loan A Collateral Obligation the Underlying Documents for which do not (i) contain any financial covenants or (ii) require the Obligor thereunder to comply with any Maintenance Covenant (regardless of whether compliance with one or more Incurrence Covenants is otherwise required by such Underlying Documents); provided that, notwithstanding the foregoing, a Collateral Obligation shall be deemed for all purposes (other than the S&P Recovery Rate for such Collateral Obligation) not to be a Cov-Lite Loan if the Underlying Documents for such Collateral Obligation contain a cross-default or cross acceleration provision to, or such Collateral Obligation is pari passu with, another loan, debt obligation or credit facility of the underlying Obligor that contains one or more Maintenance Covenants.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Loan Advance The meaning specified in Section 2.2(a).