Examples of Repayment Deadline in a sentence
Repayment Deadline Loan Balance Financial Covenants (1) (2) (3) (4) (Notes to Consolidated Statements of Changes in Equity) 1.
As stated in the Board Letter, the Board is of the view that Mr. Li would be able to repay by the Further Extended Repayment Deadline as Mr. Li would secure his repayment with his personal assets, including but not limited to, (i) his 80% equity interest in Spring Water Ding Dong and (ii) his shares in listed companies (together, the “Securities”).
Meanwhile, pursuant to the Further Supplemental Agreement, Mr. Li agrees and undertakes that if he breaches the Further Supplemental Agreement by failing to pay the Outstanding Sum by the Further Extended Repayment Deadline, he shall pay the Purchaser damages to be calculated on a daily basis at an interest rate of 15% per annum on the outstanding amount payable to the Purchaser at the Further Extended Payment Deadline, until the Outstanding sum and the related damages are fully repaid.
Meanwhile, under his personal undertaking under the Supplemental Agreement, Mr. Li would be contractually obliged to pay the Purchaser damages to be calculated on a daily basis at an interest rate of 10% per annum on the outstanding amount payable to the Purchaser at the Extended Payment Deadline until the outstanding amount and the damages are fully repaid, if he fails to pay the Refund Amount on or before the Extended Repayment Deadline.
If Xx. Xx Xxxxx fails to repay the Refund Amount by the Extended Repayment Deadline, the Company will be at its discretion to take control over the Securities and may resell it to the market for the recovery of the Refund Amount.
As stated in the Board Letter, the Board is of the view that Mr. Li would be able to repay by the Extended Repayment Deadline as Mr. Li would arrange his personal assets, i.e. the Securities, to secure his repayment.
Section 135-346 of the Zoning Ordinance probably is not intended to apply to the Propose Use; however, as depicted on the Concept Plan, the ProposedDevelopment includes hundreds of off-street loading and unloading spaces and also complies with the design requirements of Section 135-346.
The duration of the Supplemental Agreement from 1 November 2019 to 24 April 2020, being the dates between the entering of the Supplemental Agreement and the Extended Repayment Deadline, of approximately six months, is therefore in line with the aforesaid range of the Market Comparables.
By signing below, Executive hereby consents to the Company deducting (to the extent permitted under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) the net amount paid to him up to USD $625,000 (after tax withholdings) from any amounts for which Executive otherwise might be eligible to receive from the Company if for any reason Executive does not make full repayment by the Repayment Deadline.
A.2 Harvest Rain Water and Protect Boreholes and Dug Wells from Contamination 84.