Previous Loans definition

Previous Loans means, collectively, the Previous $50,000,000 Acquisition Loan, the Previous $30,000,000 Line of Credit Loan and the Previous $10,700,000 Term Loan.
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Previous Loans the mortgage loans with the principal sum of HK$14,200,000 and HK$600,000 granted by ETC Finance to Customer X and Customer Y, respectively pursuant to Loan Agreement X and Loan Agreement Y “Previous Loan Agreements” Loan Agreement X and Loan Agreement Y
Sample 1
Previous Loans the First Previous Loan and Second Previous Loan
Sample 1

Examples of Previous Loans in a sentence

  • As the borrowers of the Loans are associated with each other (details of their relationship are set out in the section headed “Information on the Customers” in this announcement), the grant of the New Loan and the Previous Loans shall be aggregated under Rule 14.22 of the Listing Rules.

  • As certain applicable percentage ratios in respect of the Loans are more than 5% but less than 25% under Rule 14.07 of the Listing Rules, the grant of the New Loan and the Previous Loans constitutes a discloseable transaction for the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting and announcement requirements under the Listing Rules.

  • Further, as the Previous Loans and the Loan are granted to the same borrower within a 12-month period, the grant of the Loan requires aggregation with the Previous Loans under Rule 19.22 of the GEM Listing Rules.

  • As one or more of the applicable percentage ratios in respect of the Loan and the Previous Loans in aggregate exceed 5% but all of them are less than 25%, the grant of the Loan and the Previous Loans in aggregate constitutes a discloseable transaction for the Company and is therefore subject to notification and disclosure requirements under Chapter 19 of the GEM Listing Rules.

  • As described above, the whale is always towed to the beach below the village to be butchered.

  • As at the date of this announcement, the principal amount of the Previous Loans together with all interest accrued thereon has been fully repaid by the Borrower on the respective repayment date.

  • Reasons for and benefits of the grant of Loan Money Lending is one of the principal business activities of the Group, hence the grant of the Previous Loans and Loan to the Borrower is in the ordinary and usual course of business of the Group.

  • The advance of the Previous Loans and the Loan was made on the basis of the Company’s credit assessments taking into account of the financial strength and repayment ability of the Borrower, as well as the relatively short term nature of the advances.

  • The New Loan is secured by one business property provided by Customer A and the Previous Loans are secured by one residential property, one commercial property and one car parking space provided by Customer A and Customer B with an aggregate loan-to-value ratio of approximately 69.76% based on the value of the secured properties for the New Loan and the Previous Loans as determined by an independent property valuer on 29 March 2016.

  • As one or more of the applicable percentage ratios in respect of the Loan and the Previous Loans in aggregate exceed 5% but all of them are less than 25%, the grant of the Loan and the Previous Loans in aggregate constitute a discloseable transaction for the Company and is therefore subject to notification and disclosure requirements under Chapter 19 of the GEM Listing Rules.


More Definitions of Previous Loans

Previous Loans is defined in the first recital hereof.
Sample 1
Previous Loans is defined in the second recital hereof.
Sample 1

Related to Previous Loans

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the U.S. Swingline Loans, the U.S. Overadvances, and the U.S. Protective Advances.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Other Revolving Loans shall have the meaning assigned to such term in Section 2.21.

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

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • New Revolving Loans as defined in Section 2.25.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

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

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

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