THE LOAN AGREEMENT. The yield on the Loan Agreement, computed without regard to qualified administrative costs incurred by the Authority and paid by the Company, may not exceed the Bond Yield by more than .125%. For this purpose, qualified administrative costs include costs or expenses paid, directly or indirectly, to purchase, carry, sell or retire the Loan Agreement and costs of issuing, carrying, or repaying the Bonds. Although actual payments by the Company with respect to qualified administrative costs, such as, for instance fees paid to the Authority, may be made at any time, for purposes of calculating the yield on the Loan Agreement, a pro rata portion of each payment made by the Company is treated as a reimbursement of reasonable administrative costs, such that the present value of such payments does not exceed the present value of the reasonable administrative costs paid by the Authority, using the yield on the Bonds as the discount rate.
THE LOAN AGREEMENT. The Guarantor acknowledges that executed (or conformed) copy of the Loan Agreement and all other documents have been made available to it and it is familiar with the contents thereof.
THE LOAN AGREEMENT. The Primary Servicer shall be responsible, with the Purchaser, for the determination and application of the Eligibility Criteria and the delivery and certification of information relating to the Receivables required to be delivered under the Loan Agreement.
THE LOAN AGREEMENT. (a) The Bank, as Transferor and Servicer, hereby ------------------ assigns all of its rights and obligations under the Loan Agreement to Successor and, on and after the date of this Agreement, Successor expressly assumes, undertakes and agrees to be liable for the performance of each and every covenant and obligation of the Bank, as Transferor and Servicer, mutatis ------- mutandis, under the Loan Agreement. --------
THE LOAN AGREEMENT. Each of the Intermediate Companies has signed the Loan Agreement and each of Amendment No. 1 and Amendment No. 2 thereto as a Parent Company Guarantor. Each of the Intermediate Companies has made certain representations and warranties and undertakings in favour of the Lender under the Loan Agreement. Each of the Intermediate Companies represents and warrants in favour of the Lender that, to the best of its knowledge, there is no misstatement of information or omission of information which makes any statement contained in the Loan Agreement false or misleading.
THE LOAN AGREEMENT. On 10 February 2017, the Lender executed a loan agreement to provide financing to the PRC JV whereby the Group has agreed to lend up to RMB60 million (equivalent to approximately HK$67.5 million) to the PRC JV. The particulars of the Loan Agreement are set out as follows:–
THE LOAN AGREEMENT. On 15 April 2020, Pingshan Electricity and Jinping Real Estate Development entered into the Loan Agreement. The principal terms of the Loan Agreement are set out below.
THE LOAN AGREEMENT. Date : 7th December, 2018
THE LOAN AGREEMENT. On 11 November 2022, the Company as lender entered into the Loan Agreement with PRG as borrower, pursuant to which the Company agrees to provide the Loan (i.e. in the principal amount of up to RM5 million (equivalent to approximately HK$8.334 million) to PRG, the date, parties and the principal terms of which are set out below. Date: 11 November 2022. Parties: (i) the Company as lender; and
THE LOAN AGREEMENT. The Grantor shall make all payments when due under the Loan Agreement, and shall perform and comply with all covenants, agreements, conditions, provisions, stipulations and obligations set forth therein on its part to be performed, at the times and in the manner required thereby.
