Examples of Term Loan Agreements in a sentence
So long as any Incremental Term Loan is outstanding hereunder, the Incremental Term Loan Agreements and/or the Account Control Agreements create valid security interests in, and Liens on, the Incremental Term Loan Cash Collateral purported to be covered thereby, which security interests and Liens are, if applicable, perfected security interests and Liens, prior to all other Liens (other than inchoate Liens permitted under Section 7.01).
Pursuant to the Term Loan Agreements, Payless is permitted to enter into interest rate swap transactions to mitigate certain risks, including in connection with hedging the variable interest rates contemplated thereunder.
The Lender, at the request of the Borrower and Guarantor, has agreed to advance a loan to the Borrower on the terms and conditions set out herein and in the General Terms and Conditions For Fixed Interest Term Loan Agreements (“Terms and Conditions”) provided by the Lender to the Borrower.
On December 12, 2016, Fidelis entered into Term Loan Agreements (TLAs) with three leading financial institutions, each as a “lender” and collectively the “lenders”.
The Term Loans of Rs. 600,000,000 and Rs. 275,000,000 disbursed by UTI Bank Ltd.(Axis Bank Ltd.) are in terms of the Term Loan Agreements executed by the Company on September 29, 2004 and October 25, 2004 respectively.