Examples of Renewal Loan in a sentence
The County Auditor is hereby directed to give notice of the proposed action on the Urban Renewal Loan Agreement setting forth the amount and purpose thereof, the time when and place where the said meeting will be held, by publication at least once, not less than ten (10) and not more than twenty (20) days before the hearing, in a legal newspaper of general circulation in the County.
Motion to open Public Hearing on Proposal to Enter into an Urban Renewal Loan Agreement by Olney.
Therefore, the transaction contemplated under the Renewal Loan Agreement is subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.
CITIC 21CN Telecom Loan was renewed for a term of 3 years under the renewal loan agreement (“Renewal Loan Agreement”) between CITIC 21CN Telecom and CCIT dated 22nd May 2008 (“Renewal Loan”).Taking into account of the Renewal Loan Agreement and the Renewal Loan which was entered into within a 12-month period of the Loan Agreement, the Renewal Loan Agreement and the Loan Agreement are required to be aggregated pursuant to the Listing Rules.
In addition, the transaction contemplated under the Renewal Loan Agreement is part of the ordinary and usual course of business of Zero Finance.
The Renewal Loan Agreement was entered into by Zero Finance having regard to (i) the costs of borrowing in providing the Loan to the Borrower; (ii) the interest income to be generated by providing the Renewal Loan; and (iii) the security provided by the Mortgagor for the Renewal Loan.
In view of the above, the Directors are of the view that the terms of the Renewal Loan Agreement are on normal commercial terms, are fair and reasonable, and are in the interests of the Company and its shareholders as a whole.
REASONS FOR AND BENEFITS OF ENTERING INTO THE RENEWAL LOAN AGREEMENT The terms of the Renewal Loan Agreement, including the interest rate applicable, were arrived at after arm’s length negotiations between Zero Finance and the Borrower having taken into account the prevailing market interest rates and practices.
March 2021 Principal terms of the Renewal Loan Agreement The principal terms of the Renewal Loan Agreement are as follows: Principal Loan Amount:HK$5,700,000, the drawdown of which will take place on 18 March 2021.
Id. at 23180.4 Notably, the Final Rule contains no exceptions for emergency service.5 Plaintiff’s Complaint6 Plaintiff is seeking declaratory and injunctive relief.