Examples of Term Loan in a sentence
These loans have been given against hypothecation of stocks, spare parts, book debts, work in progress & guarantees;Terms of Repayment :Cash Credit- Yearly Renewal , except for a Cash Credit taken from IDBI Bank Short Term Loan - EARMARK CC” which is payable within 90 days.
On or around the date hereof, the Senior Facilities Agreement has been amended and/or restated to increase the aggregate amount of borrowings under Term Loan B Facility to approximately CHF 1,360 million.
On January 13, 2015, the Issuer and Sunrise Communications entered into the Senior Facilities Agreement, providing for an initial CHF 800 million of Term Loan B Facility and CHF 200 million (equivalent) of Revolving Credit Facility.
Term loans from Non Banking financial Institution4,43,28,3454,92,38,294Less: Current maturities of Term Loan (refer note 22)55,46,36449,09,949 3,87,81,9814,43,28,345b.
The Term Loan is guaranteed by MMC in exchange for a fee of 0.2% per annum.The Term Loan is unsecured and repayable in increasing instalments every six months and commenced February 2013, with the majority of the loan falling due in the last six instalments.