Examples of Loan Agreement in a sentence
The fair value of the secured convertible loan advanced to Phylos under the Secured Convertible Loan Agreement was determined using the Cox-Ross-Rubinstein binomial lattice option pricing model and has been classified as level 3 in the fair value hierarchy.
Therefore, we were not provided the final Promissory Note, Loan Agreement, Settlement Statement, Title Policy, Guaranties, Management Agreement, Cash Management Agreement or Rate Cap Confirmation, and we were instructed by the Company to assume such “Compared Attributes” relating to this Collateral Interest and Mortgaged Property are accurate and not to perform any procedure.
Except as expressly amended hereby, the Loan Agreement is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect.
Quarter Ended December 31, 2023Consolidated Debt Covenants, Interest Rate Swaps, and Capital ExpendituresUnaudited, dollars in thousands Debt Covenants (trailing 12 months) Interest Rate Swaps As of December 31, 2023, the Company is party to five effective interest rate swap agreements and two interest rate forward swap agreements, which address the periods between the maturity dates of the effective swaps and the maturity dates of the Amended Term Loan Agreement.
The only amendments being made to the Loan Agreement are those that are set forth in this Amendment; no other amendments are being made.