Financers definition
Examples of Financers in a sentence
Should fractions of Convertible D Bonds exist as a result of the difference between a New Financer’s New Financing Prepayment Amount and the Convertible D Bonds cutoff amount, this difference shall be paid in cash by the Debtor Company to the respective New Financers, prorated for their share in the New Financing, on the Prepayment Date.
With a view to participating in the New Financing, the New Financers will sign a non-revolving loan opening agreement, under identical terms and conditions maturing at 18 months, the disbursements of which shall be documented by signing promissory notes to the order of each respective New Financer.
In this case, the New Financers that issued Financing Commitments to the Company shall not be required to maintain said commitments, and may inform the Company of their withdrawal.
The terms and provisions of this Agreement shall be for the sole benefit of the Bank Parties, the Noteholders, the Synthetic Lease Investor, the Synthetic Lease Financers, and the holder of any Additional Senior Indebtedness which hereafter becomes a party to this Agreement by executing a joinder agreement in form and substance acceptable to the Secured Creditors, and the respective successors and assigns of the foregoing parties.
For purposes of calculating the amounts set forth in this letter e.-, the amounts committed by New Financers who are International Bondholders shall be assumed in their peso-equivalent, using the Observed Dollar exchange rate published by the Central Bank of Chile applicable on the day the Deliberative Meeting is held, without prejudice to the amount at which the currencies received from them are effectively liquidated on the date of the respective disbursement.
With a view to participating in the New Financing, the new Financers will sign a non-revolving loan opening agreement maturing at 360 days, the disbursements of which shall be documented by signing promissory notes to the order of each of the respective New Financers.
The Synthetic Lease Financing Agent shall, upon learning of the existence of any Triggering Event under the Synthetic Lease Financing Agreement or any Security Document to which the Synthetic Lease Financers are a party or the beneficiary, promptly deliver a Notice of Triggering Event to the Collateral Agent.
The proceeds of the term loan to be provided by the Synthetic Lease Financers to, and the investment by the Synthetic Lease Investor in, the Synthetic Lease Borrower would be utilized by the Synthetic Lease Borrower to acquire and construct office buildings in San Diego, California, which the Synthetic Lease Borrower would lease to the Synthetic Lease Lessee.
All payments of principal and interest under this Agreement shall be absolute and unconditional and paid by Lessee without abatement, reduction, offset, recoupment, compensation, crossclaim, counterclaim, or any other defense whatsoever, arising under this Agreement, any Lease, or otherwise, or against Lessor, Lessor’s Financers or other assignees, Seller, the Equipment’s manufacturer, or any other person.
SONS shall deliver the said Flats for use and occupation of the Purchasers on or before months ( plus months grace period ) from the date of this Agreement for construction cum sale thereof provided all the amounts due and payable by the Purchasers / Financers under this Agreement are paid by the Purchasers to the M/S SOLANKI & SONS.