SRLC definition

SRLC or “Sprott Resource Lending” means Sprott Resource Lending Corp. (and its subsidiaries), a wholly-owned subsidiary of the Corporation which provides debt financing to companies in the resource sector and is the general partner of Sprott Private Resource Lending Fund (the "Lending Fund I"), Sprott Private Resource Lending Fund II (the "Lending Fund II") and certain other lending vehicles (together with Lending Fund I and Lending Fund II, the "Lending Funds").
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SRLC means Sprott Resource Lending Corp.
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SRLC or “Sprott Resource Lending” means Sprott Resource Lending Corp. (and its subsidiaries), a wholly-owned subsidiary of the Corporation which provides debt financing to companies in the resource sector and is the general partner of the Sprott Private Resource Lending Funds (the "Lending Fund").
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Examples of SRLC in a sentence

  • The effective interest rate, including accretion charged on the discounts of the loan payable, is 15.6%.In consideration of certain amendments to the Facility in March 2016, the Company capitalized $281 to the principal balance and issued 389,550 Common Shares (the “Fee Shares”) to SRLC.

  • SRLC is a minority shareholder of the Company as a result of the issuance of the Fee Shares.

  • The Fee Shares payable to SRLC in connection with entering into the Second Amending Agreement represent consideration equivalent to $300,000 (based on a price per Common Share of Cdn$0.05).

  • No business shall be transacted at any general meeting unless a quorum of Members is present at the time when the meeting proceeds to business; save as herein otherwise provided, one or more Members present in person or by proxy and entitled to vote at that meeting shall form a quorum.

  • SRLC is a minority shareholder of the Company as a result of the issuance of Fee Shares.

  • For purposes of calculating attendance at regularly scheduled class sessions, all work done in connection with enrollment in the South Royalton Legal Clinic (SRLC), the Environmental and Natural Resources Law Clinic (ENRLC), the Food & Agriculture Clinic, and the Energy Clinic is considered to be in regular class sessions, whether in a classroom or not.

  • In consideration of the amending agreements, the Company capitalized $281,000 to the principal balance and issued 7,791,000 Common Shares (the “Fee Shares”) to SRLC.

  • These amounts are unsecured and non-interest bearing.At December 31, 2016 and 2015, the Company had a loan payable to SRLC of $28,435,000 and $24,440,000, respectively.

  • SRLC is a minority shareholder of the Company as a result of the issuance of shares to SRLC in connection with an amendment of the Facility.

  • As part of the March Private Placement, affiliates of Quintana Energy Partners II, L.P. acquired 51,936,000 Common Shares for a total of $2,000,000, Sprott Resource Partnership acquired 51,936,000 Common Shares for a total of $2,000,000, Lorito Holdings S.à r.l. and Zebra Holdings and Investments S.à r.l. acquired an aggregate of 51,936,000 Common Shares for a total of $2,000,000 and SRLC acquired 51,936,000 Common Shares for a total of $2,000,000.


More Definitions of SRLC

SRLC means Quest Capital Corp., a corporation existing under the laws of Canada, as it may be renamed from time to time;
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SRLC means Scottish Re Life Corporation, a Delaware corporation.
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SRLC or “Sprott Resource Lending” means Sprott Resource Lending Corp. (and its subsidiaries), a wholly owned subsidiary of the Corporation which provides debt financing to companies in the resource sector.
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SRLC means Sprott Resource Lending Corp., a corporation existing under the laws of Canada, as it may be renamed from time to time;
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Related to SRLC

  • snippet means with respect to any Material Contract, a consent and agreement in favor of the Term Loan Collateral Agent (for the benefit of the Secured Parties) in substantially the form attached hereto as Exhibit F or otherwise in form and substance reasonably satisfactory to the Term Loan Collateral Agent and the Administrative Agent.","hash":"b253905eac2329f4ce5deee359573d97","id":7},{"snippetLinks":[{"key":"the-consent","type":"clause","offset":[6,17]},{"key":"dated-as-of","type":"definition","offset": [32,43]},{"key":"march","type":"clause","offset":[44,49]},{"key":"the-bank","type":"clause","offset":[72,80]},{"key":"sumitomo","type":"definition","offset":[87,95]},{"key":"heavy","type":"clause","offset":[96,101]},{"key":"industries","type":"clause","offset":[102,112]},{"key":"ltd","type":"clause","offset":[114,117]},{"key":"solely-for-purposes-of- section","type":"clause","offset":[120,150]},{"key":"borrower-and","type":"clause","offset":[173,185]},{"key":"certain","type":"clause","offset":[186,193]},{"key":"subsidiaries","type":"clause","offset":[208,220]}],"samples":[{"uri":"/contracts/8I1kKDYnIWF#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/ef30eXHgcuS#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21},{"uri":"/contracts/dwF8yXcI2kh#consent-and-agreement","label":"Loan and Security Agreement (Axcelis Technologies Inc)","score":21}],"size":6,"snippet":"means the Consent and Agreement dated as of March 30, 2009 by and among the Bank, SEN, Sumitomo Heavy Industries, Ltd. (solely for purposes of Section 2(b) thereunder), the Borrower and certain of Borrower’s Subsidiaries named therein.","hash":"e15b2264efd3078b83ce802817c2631f","id":8},{"snippetLinks":[{"key":"a-consent","type":"clause","offset":[6,15]},

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Wagon means any Rollingstock designed to carry any load other than passengers;

  • We/Us/Our means TATA AIG General Insurance Company Limited.

  • PM2.5 means particulate matter with an aerodynamic diameter less than or equal to a nominal 2.5 micrometers as measured by a reference method based on 40 CFR Part 50 Appendix L and designated in accordance with 40 CFR Part 53 or by an equivalent method designated in accordance with 40 CFR Part 53.

  • Falcon has the meaning set forth in the preamble to this Agreement.

  • STSMA means the Sectional Titles Schemes Management Act 8 of 2011, as amended and include the Regulations issued under the said act;

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;

  • SOFRi means the SOFR for:

  • ECFMG means the Educational Commission for Foreign Medical Graduates, an organization that assesses the readiness of international medical school graduates to enter ACGME-approved residency programs in the United States of America.

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of the central banking and also includes its successors;

  • IMRO means the Irish Music Rights Organisation CLG.

  • SOFR with respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website.

  • SADC means the Southern African Development Community;

  • OASIS means the Open Access Same-Time Information System required by FERC for the posting of market and transmission data on the Internet websites of PJM and NYISO.

  • POPI means the Protection of Personal Information Act, 4 of 2013;

  • PERC means the Washington State Public Employee Relations Commission.

  • OPWC means the Ohio Public Works Commission created pursuant to Revised Code Section 164.02.

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • Blackwater means wastewater contaminated by human body waste, toilet paper and any other material intended to be deposited in a receptor designed to receive urine or feces.

  • We/Our/Us means the Underwriters named in the Schedule.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • NBME means the National Board of Medical Examiners, an organization that prepares and administers qualifying examinations, either independently or jointly with other organizations.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • Lacquer means a clear or opaque wood coating, including clear lacquer sanding sealers, formulated with cellulosic or synthetic resins to dry by evaporation without chemical reaction and to provide a solid, protective film.

  • CDBG means community development block grant.