Examples of Lender Model in a sentence
Jarrell Op. at 50; JX 302 at 11 (the February Valuation assuming 5% growth in 2018–2021).the seldom-used Bank Case (which projects only 2.2% revenue growth per year).265 SourceHOV’s compound annual revenue growth was 10.1% from 2014 until just before the Business Combination.266 Unlike Respondent’s recently minted litigation position, the Equity Case and the Lender Model were not created as convenient afterthoughts.
In this regard, he placed “primary reliance” on the Lender Model because it was (i) frequently “updated” and “circulated” before the Business Combination, (ii) “vetted” by the participants of the Business Combination and their advisors and (iii) the “most conservative” of the updated projections.163Meinhart then made two adjustments to the Lender Model.
JX 192 (discussing Lender Model update on March 20, 2017); Verma Dep.
Tr. at 1123 (Hallinan) (“The legality of the bank model had been tested many times, had gone as far as the Supreme Court of the United States of America, and the ability of banks to export interest rates had always been upheld.”) with Tr. at 1127 (Hallinan) (testifying that the Licensed Lender Model is “[m]uch riskier” than the Bank Model “[b]ecause you don’t have the case law.
Plaintiffs presented no evidence that the growth at TC, Main Street and CR would have been the same or that CR successfully could make the transition from the Bank Model to the Licensed Lender Model.
Exhibit A -- Promissory Note Exhibit B -- Notice of Borrowing Exhibit C -- Notice of Conversion or Renewal of Interest Schedule A -- Lender Model For Determination of Net Present Value of Future North American Mining Cash Flow LOAN AGREEMENT THIS LOAN AGREEMENT (this "Agreement"), made and entered into as of September 5, 1997, by and among XXXXXXXX GOLD CORPORATION, a Delaware corporation (the "Borrower"), FMG INC., a Nevada corporation (the "Guarantor"), and CIBC INC.