Existing Loan B definition

Existing Loan B the mortgage loan of HK$30,000,000.00 granted by Xx Xxx PL to Customer B and Customer C under Existing Loan Agreement B “Existing Loan Agreement B” the loan agreement entered into between Oi Wah PL and Customer B and Customer C on 9 January 2017 which was announced by the Company on 20 January 2017 “Existing Loan C” the mortgage loan of HK$85,000,000.00 granted by Xx Xxx PL to Customer I under Existing Loan Agreement C “Existing Loan Agreement C” the loan agreement entered into between Oi Wah PL and Customer I on 20 January 2017 which was announced by the Company on 20 January 2017
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Existing Loan B the loan granted to Customer C by Xx Xxx PL as set out in the Company’s announcement dated 12 September 2018 “Existing Loans” Existing Loan A and Existing Loan B “Group” the Company and its subsidiaries “HK$” Hong Kong Dollars, the lawful currency of Hong Kong
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Existing Loan B a mortgage loan in the amount of HK$8,000,000.00 granted to Customer B
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Examples of Existing Loan B in a sentence

  • Oi Wah Pawnshop, as the lender of Existing Loan B, is an indirect wholly-owned subsidiary of the Company.

  • The collateral provided by Customer for Existing Loan B is sufficient as the loan-to-value ratio of the pledged diamond for Existing Loan B is approximately 58% based on the value of the pledged diamond for Existing Loan B as determined by a professional valuer.

  • The collateral provided by Customer B for Existing Loan B is sufficient as the loan-to-value ratio of the mortgaged property for Existing Loan B is approximately 48.5% based on the value of the mortgaged property for Existing Loan B as determined by an independent valuer.

  • Oi Wah PL, as the lender of the Loan, Existing Loan B and Existing Loan D, is an indirect wholly-owned subsidiary of the Company.

  • Oi Wah PL, as the lender of the Loan, Existing Loan B, Existing Loan C and Existing Loan E, is an indirect wholly-owned subsidiary of the Company.

  • The collateral provided by Customer C for Existing Loan B is sufficient as the loan-to-value ratio of the mortgaged property is approximately 51% (loan-to-value ratio as a first mortgage to another independent mortgagee: approximately 25%, loan-to-value ratio of Existing Loan B as a first mortgage to the Group: approximately 26%) based on the value of the mortgaged property for Existing Loan B as determined by an independent valuer.

  • Other terms of Existing Loan Agreement B Pursuant to Existing Loan Agreement B, Existing Loan B is guaranteed by Individual A.

  • Administrative fees of a sum of HK$440,000.00 is payable if Existing Loan B is fully repaid within 6 months from the drawdown date.

  • The collateral provided by Customer B for Existing Loan B is sufficient as the loan-to-value ratio of the mortgaged property is approximately 51.2% (loan-to-value ratio as a first mortgage to another independent mortgagee: approximately 25.6%, loan-to-value ratio of Existing Loan B to the Group: approximately 25.6%) based on the value of the mortgaged property for Existing Loan B as determined by an independent valuer.

Related to Existing Loan B

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Existing Loan Documents has the meaning given to the term “Loan Documents” in the Existing Credit Agreement.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Original Loan Agreement has the meaning set forth in the Recitals.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.