Examples of Facility A Repayment Date in a sentence
Facility A should be repaid in Repayment Instalments on each Facility A Repayment Date (being each Quarter Date (as defined in the Facilities Agreement) following the date falling 30 days after the Effective Date) of an amount equal to: (i) for the first four Facility A Repayment Dates is£1,500,000; (ii) for the next four Facility A Repayment Dates is £1,750,000; and (iii) for the next four Facility A Repayment Dates is £2,000,000.
Prior to determining the interest rate for a Facility A Loan, the Agent may, in consultation with the Borrower, shorten an Interest Period for any Facility A Loan to ensure there are sufficient Facility A Loans (with an aggregate amount equal to or greater than the Facility A Repayment Instalment) which have an Interest Period ending on a Facility A Repayment Date for the Borrower to make the Facility A Repayment Instalment due on that date.
According to Amundsen (2000), bribery is a form of corruption in which a fixed sum or a percentage of a contract, or any other favour in money or kind, usually paid to public officials who make contracts on behalf of a company, individual, businessmen/women and clients.Internationally, in the former Zaire, bribes were paid to have documents removed from official’s files.
If the amount of the Facility A Loans outstanding on any Facility A Repayment Date is less than the Facility A Repayment Instalment due on that date, the Borrower shall repay the remaining outstanding Facility A Loans on that date.
If, in relation to a Facility A Repayment Date, the aggregate amount of the Facility A Loans made to the Borrower exceeds the Facility A Repayment Instalment to be repaid by the Borrower, the Borrower may, if it gives the Agent not less than five Business Days’ prior notice, select which of those Facility A Loans will be wholly or partially repaid so that the Facility A Repayment Instalment is repaid on the relevant Facility A Repayment Date in full.