Examples of IBI Group in a sentence
Respondent: IBI Group Q1: YES Respondent: HiQ Tyres Q1: YES Q2: NO Q3: NO Q4: NOGeneral comments:Reduced efficiency for operators would outweigh additional costs of supporting improved services.Consideration: noted.
In the event of non-compliance, IBI Group’s lenders have the right to demand repayment of the amounts outstanding under the lending agreements or pursue other remedies if IBI Group cannot reach an agreement with its lenders to amend or waive the financial covenants.
There was submitted a report by the Chief Financial Officer and the Acting Director of Education on the 2008/09 Revenue Budget outturn and the 2009/10 position as at period 3 (30 June 2009) which was projected to be on budget.Decided:(1) that the Committee note the final outturn for 2008/09 and the current projected outturn for 2009/10 as at 30 June 2009; and(2) that approval be given to the virement request totalling £120,000 as detailed in appendix 3 to the report.
The indebtedness secured by these security interests will rank senior to all other security over the assets of IBI Group and the guarantors, subject to certain permitted encumbrances.
On September 27, 2018, IBI Group entered into an amended agreement to its Credit Facilities under the existing banking arrangement with its senior lenders.
IBI Group from time to time makes a monthly distribution to each Class B partnership unit holder equal to the dividend per share (on a pre-tax basis) declared to each shareholder.
The 6,282,222 Class B partnership units of IBI Group are indirectly exchangeable for common shares of the Company on the basis of one share of the Company for each Class B partnership unit.
The Class B partnership units of IBI Group are indirectly exchangeable for units on the basis of one unit of the Fund for each Class B subordinated partnership unit.
As in the past, IBI Group will carefully monitor its compliance with the covenants and will seek waivers, subject to lender approval, as may become necessary from time to time.
TRANSACTIONS WITH RELATED PARTIESPursuant to the Administration Agreement, IBI Group and certain of its subsidiaries are paying to the Management Partnership an amount representing the base compensation for the services of the partners of the Management Partnership.