Examples of Set Rate Loans in a sentence
An aged analysis of trade and bills receivables, net of impairment loss recognised is as follows: 2009HK$’000 2008HK$’0000-30 days3,751 6,91131-90 days5,076 4,220Over 90 days6,399 21,857 15,226 32,988 At 31st March 2009, amounts of approximately HK$2,035,000 (2008: HK$4,222,000) net of impairment loss, recognised included in retention receivables are due for settlement after more than 12 months (Note 24).
Interest on Set Rate Loans, LIBO Rate Loans and the fees payable pursuant to Section 2.06 hereof shall be computed on the basis of a year of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable, and interest on Base Rate Loans shall be computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.
Money Market Loans may be LIBOR Market Loans or Set Rate Loans (each a "Type" of Money Market Loan), provided that there may be no more than twenty (20) different Interest Periods for both Syndicated Loans and Money Market Loans outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term "Interest Period" shall be deemed to be different Interest Periods even if they are coterminous).
Now, my understanding … the way we operate Senator, this comes under the division in our Ministry eventhough it is a sporting event the division that deals with community development.
LIBO Rate Loans or Set Rate Loans may not be voluntarily prepaid (provided that this sentence shall not affect any Borrower's obligation to prepay Loans pursuant to Section 9 of this Agreement).