Loan Facility C definition

Loan Facility C a loan facility in the amount of HK$3,450,000 granted by the Lender to the Borrowers pursuant to the terms of Loan Agreement C
Loan Facility C the loan facility in the amount of up to HK$8,950,000 granted by the Lender to Borrower II and Borrower III pursuant to the terms of Loan Agreement C “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

Examples of Loan Facility C in a sentence

  • Save as aforesaid, all other terms of the Loan Facility C Agreement shall remain in full force and effect.

  • A circular setting out, among others, details of the Supplemental Loan Facility C Agreement and other information required to be disclosed under the Listing Rules, will be despatched with the notice of the SGM and a proxy form to the Shareholders on or before 25 November 2021, as additional time is required for the Company to prepare and finalise certain information to be included in the circular.

  • On 12 May 2022, the Lender and the Borrower entered into the Supplemental Loan Facility C Agreement, pursuant to which the repayment date of Loan C will be extended to 1 February 2023, with the interest rate remaining at 8.75% per annum on Loan C from 2 February 2022 and up to and including 1 February 2023.

  • If the Borrower fails to pay any sum payable to the Lender under the Loan Facility C Agreement when due, the Borrower was required to pay interest on such sum from the due date and up to the date of actual payment at the default interest rate 15% per annum.

  • If the Borrower fails to pay any sum payable to the Lender under the Loan Facility C Agreement when due, the Borrower shall pay interest on such sum from and including the due date up to and including the date of actual payment at the default rate of 18% per annum.

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  • On 28 October 2021, the parties entered into the Loan Facility C Agreement, pursuant to which the Lender agreed to provide the Borrower with Loan C in an amount of HK$25 million for a period of three months at an interest rate of 8.75% per annum.

  • The representations and warranties made by Seller in this Agreement or pursuant hereto shall survive the Closing Date and shall also survive and shall be unaffected by (and shall not be deemed waived by) any investigation, audit, appraisal, or inspection at any time made by or on behalf of Buyer, but shall, in any event, terminate on the first anniversary of the Closing Date.

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Related to Loan Facility C

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

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

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Revolving Facility Commitment means, with respect to each Revolving Facility Lender, the commitment of such Revolving Facility Lender to make Revolving Facility Loans pursuant to Section 2.01(b), expressed as an amount representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04, and (c) increased (or replaced) as provided under Section 2.21. The initial amount of each Lender’s Revolving Facility Commitment is set forth on Schedule 2.01 or in the Assignment and Acceptance or Incremental Assumption Agreement pursuant to which such Lender shall have assumed its Revolving Facility Commitment, as applicable. The aggregate amount of the Lenders’ Revolving Facility Commitments on the Closing Date is $50,000,000. On the Closing Date, there is only one Class of Revolving Facility Commitments. After the Closing Date, additional Classes of Revolving Facility Commitments may be added or created pursuant to Incremental Assumption Agreements.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Term Loan as defined in Section 2.1.

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.