Loan Facility definition

Loan Facility means the loan facility provided by the Lenders on the terms and subject to the conditions of this Agreement in the amount of USD 56,000,000;
Loan Facility means any overdraft, loan or other financial facility or accommodation (including any acceptance credit, bond, note, bill of exchange or commercial paper, finance lease, hire purchase agreement, trade bill, forward sale or purchase agreement, or conditional sale agreement, or other transaction having the commercial effect of a borrowing);

Examples of Loan Facility in a sentence

  • The Borrower shall be entitled to make drawdown of the Loan Facility only in Vietnamese Dong.

  • The Loan Facility shall have a maximum tenor of months, starting from the day of the First Utilization Date of the Loan Facility to the Maturity Date.

  • The Borrower is only able to utilize the Loan Facility pursuant to the terms, conditions, period of time and methods as stipulated by the Bank for each Utilization.

  • The Bank reserves the rights to review or cease, whether in whole or in part, or terminate the Loan Facility granted by the Bank whenever the Bank deems appropriate.

  • The Refinancing Transaction shall have been consummated, or shall be consummated substantially simultaneously with the Acquisition and the funding of the initial term loans under the Initial Term Loan Facility.


More Definitions of Loan Facility

Loan Facility means the loan facility provided by the Lenders on the terms and subject to the conditions of this Agreement in the amount of USD 150,000,000;
Loan Facility the loan facility in the amount of up to HK$42,000,000 granted by the Lender to Borrower pursuant to the terms of the Loan Agreement “percentage ratio(s)” percentage ratio(s) as set out in Rule 14.07 of the Listing Rules to be applied for determining the classification of a transaction “Shareholders” holders of the ordinary shares of HK$0.01 each in the issued share capital of the Company
Loan Facility means the loan facility to be provided to the Partnership on the date of the Initial Closing by a Canadian chartered bank to finance the payment of the Agents’ fee and the expenses of the Offering and may also be used to fund the ongoing expenses, including the management fee.
Loan Facility means the credit facility evidenced by the Total Revolving Loan Commitment.
Loan Facility means the loan facility described in section 14.1 of this Annual Information Form.
Loan Facility has the meaning set forth in the recitals hereto.