Examples of Remaining Loan in a sentence
On 22 March 2013, the Lenders have entered into supplemental deeds with the Borrowers together with their respective guarantors, pursuant to which, approximately HK$18.03 million of the Remaining Loan Receivables and underlying interests shall be repaid to the Lenders on or before 21 March 2014 (the “Partial Payment of the Remaining Loan Receivables”).
As the major assets owned by the subsidiaries of Top Vision are located in Guangdong Province, the PRC, the Company had undertaken recovery actions including but not limited to legal actions taken in PRC to collect the Remaining Loan Receivables.
Nevertheless, Swift Surplus and Top Vision and its guarantors could not reach an agreement in respect of the terms and date of the repayment of the outstanding balance of HK$35.40 million of the Remaining Loan Receivables and underlying interests (the “Outstanding Balance”).
Summary Comments: ORIGINAL BALANCES CURRENT BALANCES Loan Maturity Original Securitised LTV% Current Securitised LTV% Original Whole Loan LTV% Current Whole Loan LTV% Remaining Loan Term (Mths) Escrow Balance GBP Next Period Interest Rate (incl.
In either case the Loan Trustee shall on behalf of the Bondholders take every measure necessary to recover the Remaining Loan.
As one or more of the applicable percentage ratios (as defined in the GEM Listing Rules) in respect of the amount of the Remaining Loan exceed 5% but are less than 25%, the further extension of the Remaining Loan constitutes a discloseable transaction for the Company under Chapter 19 of the GEM Listing Rules and is subject to the reporting and announcement requirements under the GEM Listing Rules.
Prospective Purchaser shall be responsible for any violation of this provision by any of the Related Parties.
Borrower’s Bonds may at the Borrower’s discretion be retained by the Borrower, sold or used for partial redemption of the Remaining Loan.
In the event that one or more of the circumstances mentioned in Clause 15.1 occurs and is continuing, the Loan Trustee can, in order to protect the interests of the Bondholders, declare the entire Remaining Loan including accrued interest and expenses to be in default and due for immediate payment.
In connection with the uncrossing of any such Affected Property as provided for in this Section 11.9 (an “Uncrossing Event”), the Remaining Loan shall be reduced by an amount equal to amount of the Uncrossed Loan and the Uncrossed Loan shall be in an amount equal to the Allocated Loan Amount applicable to the Affected Property.