Examples of A Loan Facility in a sentence
The Borrower’s obligation to prepay Target Bridge Loans and purchase Target Exchange Notes shall be deemed to be satisfied with respect to clause (a) above on a dollar-for-dollar basis to the extent of amounts applied to repay loans under (i) the Target Credit Agreement Term A Loan Facility, (ii) the Target Credit Agreement Term B Loan Facility or (iii) the Target Revolving Credit Facility to the extent accompanied by a permanent reduction in commitments thereunder.
The Company uses derivative financial instruments to hedge its exposure to interest rate volatility related to its Term A Loan Facility.
Inclusion control is the key to the production of high clean or ultra high clean steel.
Total face value of the borrowings outstanding under the Euro Term A Loan Facility denominated in Euros was €436.8 million ($500.9 million) at 31 December 2018.
The 2021 Loan Agreement increased the Term A Loan Facility to up to $20.0 million thereby increasing the total term loan facility from $ 15.0 million to $ 25.0 million.
Amortization The outstanding principal amounts under the Term A Loan Facility are payable in quarterly installments in an amount representing, on an annual basis, 1.25 percent of the initial aggregate principal amount of such loan facility and increasing to 2.5 percent in September 2023.
All payments hereunder (including fees and interest) with respect to the Term A Loan Facility shall be made in CLP and all payments hereunder (including fees and interest) with respect to the Term B Loan Facility shall be made in Dollars.
Refer to Note 1 - Basis of preparation and accounting standards for further details.The key terms of total borrowings outstanding are as follows: 30 June 201931 December 2018 Year of maturity Face valueCarrying amount Face valueCarrying amount Currency$m$m$m$mUS Dollar Term A Loan FacilityUSD(a) Total face value of the borrowings outstanding under the Euro Term A Loan Facility denominated in euros was €436.8 million at 30 June 2019 and 31 December 2018.
In relation to the Term A Loan Facility, the Revolving Credit Facility, and the Senior Notes due in 2029, debt issuance costs were $12,596, $4,963 and $9,259, respectively for total debt issuance costs of $26,818.
The Board of the Credit Organization is composed of up to ten (12) members with minimum one and maximum two external member.