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.