Examples of RMB Loan in a sentence
The RMB Loan amounts bear interest at the 90-day LIBOR rate plus 5%, payable in arrears on the last day of each quarterly interest period.
Carmel Realty Associates, 395 Md. 299, 318, 910 A.2d 406, 417-18 (2006) (“The plain language of a provision is not interpreted in isolation.
The RMB Loan is secured by a lien on Solitario’s 80% interest in MH-LLC as well as a general security interest in Solitario’s remaining assets.
On 6 July 2020, the Group was granted with a loan from a bank of RMB15,000,000 at an interest rate of RMB Loan Prime Rate plus 1.5875% per annum for a period of 1 year.
On 4 March 2020, the Group was granted with a loan from a bank of RMB15,000,000 at an interest rate of RMB Loan Prime Rate plus 1.3875% per annum for a period of 1 year.
In connection with the Facility Agreement, Solitario recorded a warrant discount related to the RMB Warrants issued in connection with the RMB Loan.
June 30,2018December 31,2017(in millions of RMB) Loan commitments2,421.6463.4Bank acceptance bills28,208.327,912.3Letters of credit3,545.73,268.8Letters of guarantee3,307.03,018.0Total37,482.634,662.5 As at June 30 , 2018 , the Bank’s off-balance sheet commitments tot aled RMB 37 .
The borrowing is unsecured, carried variable interest rate at RMB Loan Prime Rate.
On January 20, 2012, Ningxia Energy and China Development Bank entered into the Contract of Pledge for Accounts Receivables of RMB Loan in relation to the provision of a pledge guarantee in respect of the loan of RMB30 million in total for Ningxia Power Investment Corporation with a loan term of 12 years.
The RMB Loan was repaid on August 25, 2015, in connection with the Transaction.