Loan Facility definition

Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

Loan Facility means the loan facility provided by the Lenders on the terms and subject to the conditions of this Agreement in the amount of USD 290,450,000;

Loan Facility means any overdraft, loan or other financial facility or accommodation (including any acceptance credit, bond, note, bill of exchange or commercial paper, finance lease, hire purchase agreement, trade bill, forward sale or purchase agreement, or conditional sale agreement, or other transaction having the commercial effect of a borrowing);

Examples of Loan Facility in a sentence

• The Statements in respect of the Loan Facility account will be made available to the Borrower, at his/her cost, as and when requested.

• If any payment of default interest required to be paid under the Agreement or any part of it is not paid on the due date, the default interest in arrears shall, (without prejudice to any or all of the rights and remedies accruing to Mogo Auto consequent on such default) be capitalised and shall be immediately added to the Loan Facility and shall bear interest accordingly at the rate specified in clause 4.2 of the T&C, from the day when the default interest is capitalised.

• A certificate signed by an authorized officer of Mogo Auto, shall be sufficient proof, until the contrary is proven, of the amount owed by the Borrower to Mogo Auto in terms of the Loan Facility for the purposes of obtaining any legal relief against the Borrower.

• The rate of interest on the Loan Facility is set in the Special provisions of the Agreement.

• Subject to the provisions of the section 2 of the T&C, interest in respect of the Loan Facility will be calculated as set out in the Repayment schedule.

More Definitions of Loan Facility

Loan Facility means the loan facility provided by the Lenders on the terms and subject to the conditions of this Agreement in the amount of USD 150,000,000;

Loan Facility the loan facility in the amount of up to HK$42,000,000 granted by the Lender to Borrower pursuant to the terms of the Loan Agreement “percentage ratio(s)” percentage ratio(s) as set out in Rule 14.07 of the Listing Rules to be applied for determining the classification of a transaction “Shareholders” holders of the ordinary shares of HK$0.01 each in the issued share capital of the Company

Loan Facility means the loan facility set out in this Loan Agreement;

Loan Facility means the loan facility to be provided to the Partnership on the date of the Initial Closing by a Canadian chartered bank to finance the payment of the Agents’ fee and the expenses of the Offering and may also be used to fund the ongoing expenses, including the management fee.

Loan Facility means the credit facility evidenced by the Total Revolving Loan Commitment.

Loan Facility means the loan facility described in section 14.1 of this Annual Information Form.

Loan Facility has the meaning set forth in the recitals hereto.