Examples of Term Note I in a sentence
The principal amount of Term Loan I shall be repaid in accordance with the provisions of Term Note I.
Borrower may prepay principal on Term Loan I solely in accordance with the provisions of Term Note I.
On the date hereof the Lenders shall advance a total of Two Million Seven Hundred Thousand Dollars ($2,700,000) (the “Loan Amount”) to the Borrower under Term Note I and Term Note II.
Lender shall have the right to adjust the amount of such payments to maintain the original 7 year amortization to the extent required by changes in the rate at which interest accrues on Term Note I.
To evidence the Term Loan I made by the Lender to the Borrower hereunder, the Borrower has executed and delivered to the Lender the Term Note I.
If at any time the Lenders want re-allocate the aggregate principal amount outstanding under the Term Notes (the “Outstanding Loan Amount”), the Borrower agrees to execute amended and restated term notes substantially in the form of Term Note I and Term Note II (except as provided in this Section 2.15), reflecting such re-allocation of the Outstanding Loan Amount.
The Borrower agrees to pay to the Lender amounts outstanding under the Term Note I in installments as set forth in said note, with all outstanding principal and accrued interest due and payable October 1, 1999.
The Group’s borrowing position as at 31 December 2013 is as follows:-As at As at Non-current31.12.2013RM'00031.12.2012RM'000Sukuk Musharakah Medium Term Note II ("SMTN II")900,000450,000CurrentSukuk Musharakah Medium Term Note I ("SMTN I") 900,000 695,000 On 7 March 2013, the Group fully redeemed the outstanding balance of RM245 million in respect of SMTN I.
The Group’s borrowing position as at 30 September 2013 is as follows:- As at 30-Sep-13 RM'000 As at 31-Dec-12 RM'000Non-currentSukuk Musharakah Medium Term Note II ("SMTN II") 700,000 450,000CurrentSukuk Musharakah Medium Term Note I ("SMTN I") - 245,000Revolving Credit Facility64,756 - 764,756 695,000 On 7 March 2013, the Group fully redeemed the outstanding balance of RM245 million in respect of SMTN I.
The main aim of the WP4 is to foster scientific progress and collaboration between TODO partners in and across different disciplines of open data research.