Examples of Term Outstandings in a sentence
After giving effect to the Loans or Letters of Credit requested to be made or Issued on any such date and the use of proceeds thereof, (i) the Revolving Credit Outstandings shall not exceed the Maximum Revolving Credit at such time and (ii) the sum of Revolving Credit Outstandings and the Term Outstandings shall not exceed the Maximum Credit at such time.
Each of the Borrowers shall, within 45 days of the Closing Date enter into hedging arrangements with an Hedge Counterparty in order to cap its total interest cost in respect of at least 50% of its Term Outstandings, for a period of 3 years and shall provide to the Agent the main terms and conditions of such hedging agreements.
Contractor need to maintain separate records for our establishment and need to file separate challan and returns in respect of ESI and EPF to the contract labour engaged with our organization and subsequently raise the bill of reimbursement which will be verified on the basis of actual amount disbursed and attendance etc.
Subject to the terms and conditions set forth herein, each Lender severally agrees to fund its Applicable Percentage of a term loan (the "Term Loan") to the Borrowers on the Term Loan Funding Date(s) in an aggregate amount not to exceed such Lender's Term Loan Commitment; provided, however, that after giving effect to any Borrowing under the Term Loan, the Total Term Outstandings of the Term Loan shall not exceed the Aggregate Term Loan Commitments.
The Parent shall procure that, within ten Business Days of the delivering to the Agent of aggregated and consolidated audited Accounts of the Group pursuant to Clause 20.1 (Annual Statement) for any annual Accounting Period, the Term Outstandings shall be prepaid in an aggregate amount equal to 50% (fifty per cent.) of the Excess Cash Flow (minus (pounds sterling)1,000,000) of the Group for such Accounting Period to which such annual consolidated accounts relate.