Examples of Long Term Loan in a sentence
The Borrower covenants and agrees that it shall undertake and complete in a timely manner all conditions precedent identified by the I-Bank relating to (i) the participation by the Borrower in the Anticipated Financing Program and (ii) the qualification by the Borrower for receipt of the Anticipated Long Term Loan.
The Borrower covenants and agrees that it shall undertake and complete in a timely manner all conditions precedent identified by the Trust relating to (i) the participation by the Borrower in the Anticipated Financing Program and (ii) the qualification by the Borrower for receipt of the Anticipated Long Term Loan.
Interest is accrued on a quarterly basis and presented as part of the Long Term Loan.
At initial recognition, the Long Term Loan was recorded at fair value less transaction costs.
At initial recognition, the Long Term Loan was recorded at fair value less transaction costs at a value of $19.7 million.