Examples of UK Loan in a sentence
The UK Loan Facility is interest-bearing at the LIBOR plus 1.95% per annum and secured by all assets held by a subsidiary (the “UK Subsidiary”).
To assess whether the private investment represents value for money, they present calculations under different assumptions for the discount rate.27The most dramatic results are obtained with a discount rate of 5 percent—which is arguably the most appropriate: 5 percent is the rate at which the public sector could have borrowed at the time from the UK Loan Fund.
Any Treaty Recipient and each UK Loan Party which makes a payment to which that Treaty Recipient is entitled shall cooperate in completing any procedural formalities necessary for that UK Loan Party to obtain authorization from HM Revenue & Customs to make that payment without withholding or deduction of Tax (including the Treaty Recipient providing its scheme reference number under HM Revenue & Custom’s Double Tax Treaty Passport scheme (if applicable) and its jurisdiction of tax residence).
This is intended to confirm compliance of the UK Loan Agreement with the Agreed Guidelines, but it should be noted that merely because the statement was made does not mean that the parties did actually negotiate in accordance with the Agreed Guidelines.
However, any failure to do this will not impact on TIF's and Iceland's obligations under the UK Loan Agreement.