Offshore Facility Agreement definition

Offshore Facility Agreement means a facility agreement to be arranged by the Mandated Lead Arrangers and entered into between, among others, the Offshore Borrower and the Offshore Lenders, in relation to (a) term loan facilities up to CNH 455,000,000; and (b) revolving loan facilities up to CNH 50,000,000.
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Offshore Facility Agreement the facility agreement dated 6 November 2015 governing the Offshore Term Loan Facility entered into, by and among, among others, (i) Coastwise (HK) as borrower, (ii) the Company and Hongkong Land China as guarantors, and (iii) a group of offshore financial institutions as lenders
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Offshore Facility Agreement the facility agreement dated 29 January 2014 governing the Offshore Term Loan entered into, by and among, among others, (i) ▇▇ ▇▇▇ as borrower, (ii) the Company and Greenland as guarantors, and (iii) a group of financial institutions as lenders “Offshore Term Loan” the loan facility subject to the terms and conditions of the Offshore Facility Agreement
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Examples of Offshore Facility Agreement in a sentence

  • The Offshore Facility Agreement contains a specific performance obligation imposed on the ▇▇▇ Family Holders.

  • Any loan made under the Offshore Facility Agreement must be repaid on or before the date which is thirty-six (36) months from the date of the Offshore Facility Agreement.

  • This Offshore Facility Agreement shall be governed by and construed in accordance with the laws of the state of New York.

  • The Trustee-Manager wishes to highlight that the Extension would allow the Trust to jointly coordinate the refinancing of the Offshore Facility Agreement with that of the syndicated loans pertaining to Xiaolan Metro Mall, Ocean Metro Mall, Dasin E-Colour and Shiqi Metro Mall, as updated in the announcement dated 20 June 2022.

  • The Offshore Term Loan is a dual-currency term loan facility with an aggregate amount of approximately US$320 million divided into two tranches: (i) United States dollar tranche with an aggregate amount of US$225 million; and (ii) Hong Kong dollar tranche with an aggregate amount of HK$741 million, with final maturity of three years from the date of the first utilization under the Offshore Facility Agreement and an interest of LIBOR or HIBOR (as applicable) plus 4.00% per annum.

  • Under the Offshore Facility Agreement, lenders will make available to ▇▇▇ ▇▇▇▇ a secured term and revolving loan facility of up to the aggregate amount of HK$2,500 million.

  • Each Lender also acknowledges that it will, independently and without reliance upon the Collateral Agent or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Offshore Facility Agreement and any other loan document, any related agreement or any document furnished hereunder or thereunder.

  • Furthermore, the Advance contemplated under this Offshore Facility Agreement and evidenced by the Promissory Note will not result in the breach of, constitute a default, or require any consent under any agreement, instrument or document to which it is a party or by which it or any of its property may be bound or affected.

  • Each Lender shall bear the risks associated with its portion of the Advance under this Offshore Facility Agreement, including, without limitation, that the Borrower may fail to make payments as required pursuant to the terms of this Offshore Facility Agreement and any other Advance Document.

  • On 4 November 2014, ▇▇ ▇▇ as borrower entered into the Offshore Facility Agreement with a group of offshore financial institutions as lenders.


More Definitions of Offshore Facility Agreement

Offshore Facility Agreement means the syndicated offshore ▇▇▇▇ discount facility agreement of even date herewith entered into by the Company, Banque Nationale de Paris as agent and the banks identified therein.
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