Examples of Loan E in a sentence
Each Notice of Borrowing shall be irrevocable and shall specify (A) the applicable Borrower for such Borrowing, (B) the amount of the Borrowing, (C) the requested funding date (which must be a Business Day), (D) whether the Borrowing is to be made as a Base Rate Loan or Canadian Prime Rate Loan, (E) whether such Swingline Loan is to be a Canadian Swingline Loan, a UK Swingline Loan or a US Swingline Loan and (F) the currency in which such Loan is to be denominated.
INV has also decided to implement new borrowings (Term Loan (L)) on July 18, 2019, in order to repay a portion of Term Loan (E) in the amount of JPY 700 million which was due on July 20, 2019.
Borrower may prepay principal on Term Loan E solely in accordance with the provisions of Term Note E.
On April 28, 2016, INV repaid the portion of New Syndicate Loan (E) in the amount of JPY 1,080 million that corresponds to the borrowings equivalent to the expected consumption tax refund (Note 2), using the consumption tax refunds from the 11 hotels acquired on July 16, 2015.
Loan in the amount of $15,464,970 ("Loan E") made by Lender to RMC, which Loan E is evidenced by a First Replacement Mortgage Note dated December 30, 1996.
INV also fixed interest rates by executing the interest rate swap agreements with regard to its existing borrowing totaling JPY 99,119 million under New Syndicate Loan (E), Term Loan (A) and a part of Term Loan (B), on March 4, 2016, in order to prepare for future rises in interest rates.
The principal amount of Term Loan E shall be repaid in accordance with the provisions of Term Note E.
Subject to the terms and conditions of this Agreement, Bank hereby confirms that Term Loan E remains in full force and effect.
Furthermore, INV repaid the portion of the New Syndicate Loan (E) on November 30, 2015 in the amount of JPY 321 million that corresponds to the borrowings equivalent to the expected consumption tax refund (Note 1) using the consumption tax refunds from to the three hotels acquired on February 6, 2015.
In 2019, the Group entered into a convertible loan agreement with an independent third party, another private company incorporated in Singapore (“Investee C”), with principal amount of US$2.0 million (approximately HK$15.6 million) (“Convertible Loan E”) which would yield a return of 25% per annum for the Group on the principal amount of Convertible Loan E if no conversion has been taken place before maturity date (i.e. 5 January 2021).