Rabo Bank definition
Examples of Rabo Bank in a sentence
Parent agrees and acknowledges that at the Closing, it will cause the Rabo Indebtedness to be paid in full, subject to entering into a written agreement with Rabo Bank and the Majority Stockholder (the “Release Agreement”) pursuant to which the Assets and Properties of the Company and its Subsidiaries will be released from any and all Liens in connection with the Line of Credit and the Surviving Corporation and its Subsidiaries will be prohibited from drawing down on the Line of Credit thereafter.
C) A disclosed pledge on the rights under the project account, being the banking account at Rabo Bank.
Net debt was made up of Rabo Bank Loans of $54.0 million and IBDs of $26.0 million, offset by Grower Loans of $3.3 million and Cash of $14.9 million.
The parties acknowledge that PBSL, BV has aggregate Indebtedness in the amount of $1,850,000 (the “Rabo Indebtedness”) pursuant to a line of credit with Rabo Bank (the “Line of Credit”).