Examples of Senior Term Loans in a sentence
Purchaser further reserves the right to increase the cash portion of the Purchase Price (which increased portion may be used to satisfy the Senior Term Loans in all or part).
Interest-bearing loans and other liabilities (continued) Senior Term Loans & PIK notes On 3 July 2019, the Group issued the following debt: €634m EUR Senior Secured Term Loan B, maturing in 2026, with a variable margin of EURIBOR + 475 bps.
The 2012 Senior Term Loans under the 2012 Senior Credit Agreement bear interest at a variable rate per annum, based upon Reader’s Digest’s election of a prime rate or LIBOR (subject to a floor of 4.0% and 3.0%, respectively) plus 5.0% in the case of prime rate borrowings and 6.0% in the case of LIBOR borrowings.
Table A2.2. Senior Term Loans Extended to International Bank of Azerbaijan by International Finance Institutions ItemIFI = International finance institution.Source: International Bank of Azerbaijan audited financial reports.
The New Revolver shall be in the form of a new revolving line of credit secured by the same assets and supported by the same guaranties as the Senior Term Loans but senior in payment priority to the Senior Term Loans as provided in the Restructured Credit Facility Agreement.