Examples of Old Loan in a sentence
With this financing, the above-mentioned Old Loan was fully repaid and Aksa Energy shares owned by Kazancı Holding, which were pledged, has become free.
Giving effect to the consummation of the Mirage Merger Agreement, the incurrence of the Obligations and the Guaranty, and the refinancing of the Old Loan Agreement and the Mirage Loan Agreement, on the Closing Date the Borrower and its Restricted Subsidiaries are Solvent.
The Old Loan has been discharged and the difference between the fair value of the equity of the New Loan plus the financial liability has been taken to the income statement as gain on debt restructuring.
As of the Closing Date, ----------------------------------- no Default or Event of Default has occurred and remains continuing under the Old Loan Agreement.
The Association shall not file any claims with the District’s insurance company without the prior consent of the District’s Board of Supervisors, which shall not be unreasonably withheld, conditioned or delayed.
The Rollover Amount can be calculated as follows: Rollover Amount = (New Loan Amount – Old Loan Amount - Interest Amount) x Number of Instalment Warrants = ($10.00 - $15.00 - $0.80) x 5,000 = -$29,000 If the Rollover Amount is positive, Commonwealth Bank will pay the Rollover Cashback to you.
The Refinance Amount can be calculated as follows: Refinance Amount = (New Loan Amount – Old Loan Amount - Interest Amount) x Number of Instalment Warrants = ($10.00 - $10.00 - $0.45) x 5,000 = -$2,250 For Refinance Applications the Refinance Amount will always be negative, so you will always need to make the Refinance Payment to Commonwealth Bank.
However, the new Certified Indebtedness Amount is limited to the outstanding balance of the Certified Indebtedness Amount of the Old Loan (the amount you still owe on the date of refinance).
On 30 September 2020, the outstanding Old Loan principal was repaid in full and since that date no investment deed fee is chargeable.
Each of the Old Lenders previously has entered into one or more lending arrangements with the Company (the "Old Loan Arrangements").