Examples of Loan C in a sentence
As one or certain of the applicable percentage ratios (as defined under the Listing Rules) in respect of the renewed Loan A, Loan B and Loan C exceeds 5% but all of them are less than 25%, each of the Loan Agreement A, Loan Agreement B and Loan Agreement C constitute a discloseable transaction of the Company and is subject to reporting and announcement requirements under Chapter 14 of the Listing Rules.
Pursuant to Loan Agreement A, Loan Agreement B and Loan Agreement C, the Lender has agreed to renew Loan A, Loan B and Loan C with Borrower A, Borrower B and Borrower C respectively for a term of a further 12 months.
THE LOAN AGREEMENT On 1 September 2017 (after trading hours), the Lender, an indirect wholly-owned subsidiary of the Company, entered into Loan Agreement A, Loan Agreement B and Loan Agreement C with Borrower A, Borrower B and Borrower C, pursuant to which the Lender has agreed to renew Loan A, Loan B and Loan C for a term of further 12 months.
LISTING RULES IMPLICATIONS As one or certain of the applicable percentage ratios stipulated under Rule 14.07 of the Listing Rules in respect of each of Loan A, Loan B and Loan C, exceed 5% but are less than 25%, each of Loan A, Loan B and Loan C constitute a discloseable transaction of the Company and is subject to reporting and announcement requirements under Chapter 14 of the Listing Rules.
On 18 May 2021, the parties entered into the Loan Facility C Agreement, pursuant to which the Lender agreed to provide the Borrower the unsecured Loan C in an amount of HK$74 million for a period of three months at an interest rate of 8.0% per annum.