Loan Facility definition

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;

Examples of Loan Facility in a sentence

  • The Guarantee Agreement by Xxxxxxx Xxxxxxxxx (as a shareholder of Xinjiang Xxxxx) is one of the conditions in the grant of the loan under the Syndicated Loan Facility, the proceeds of which were used for, among other things, the development of the facilities for the manufacturing and development of solar-grade silicon by Xinjiang Xxxxx.

  • We hereby give you notice that we wish to draw the sum of USD [●] on [●] 2023 in respect of the Loan Facility and select a first Interest Period in respect of such drawing of [●] months.

  • Term The term of the Guarantee Agreement shall end on the date which all outstanding indebtedness of Xinjiang Xxxxx guaranteed under the Guarantee Agreement is repaid in full, being 14 December 2025, the maturity date of the Syndicated Loan Facility.

  • At Closing, IDC, from the Cash Consideration it receives in accordance with Section 2.3(a), shall pay the amount of such allocation of the Cash Consideration to BMO and SPP Loan Facility in respect of joint Indebtedness of the Company and IDC.

  • Other than the Syndicated Loan Facility, there is no other outstanding indebtedness of Xinjiang Xxxxx which is guaranteed by Jiangsu Zhongneng pursuant to the Guarantee Agreement.


More Definitions of Loan Facility

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);
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 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 loan facility described in section 14.1 of this Annual Information Form.
Loan Facility has the meaning set forth in the recitals hereto.
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 56,000,000;