Sentences with phrase «bank facility agreement»

Not exact matches

In Japan, the Central Bank said Thursday morning it was keeping its rates unchanged and the People's Bank of China raised its short - term interest rate by 10 basis points on both medium - term lending facility loans and its open market operation reverse repurchase agreements.

On December 30, 2013, SSE Holdings entered into a second amended and restated credit agreement with JPMorgan Chase Bank, NA as administrative agent and the lenders party thereto, which became effective in April 2014 (such date, the «Effective Date») and was subsequently amended on December 28, 2014 (the «Revolving Credit Facility»).

Through these facilities, eligible counterparties transact with the Reserve Bank on pre-specified terms, with liquidity made available via repurchase agreements.

In the context of the RITS Regulations, all repurchase agreements executed under the Reserve Bank's standing facilities are known as Standing Facility (SF) Repos, and are distinguished from repurchase agreements executed by the Reserve Bank in its open market operations (OMOs), known as OMO Repos.

Other enhancements to syndicated lending introduced by the Civil Code changes are charges over bank accounts, better facilities for intercreditor agreements, and stronger enforceability of loan agreement representations.

Third, the Government has decided with the agreement of the Bank of England to transfer excess cash held in the Asset Purchase Facility to the Exchequer.

But Saratoga Casino & Raceway has sweetened the pot: spokesperson Rita Cox is Senior Vice President of Marketing: «A partnership agreement with Troy Savings Bank Music Hall - a lot of cross-marketing, benefits for our guests, as well as helping promote the facility and sponsorship funds each year.»

Yesterday, President Arnoldo Aleman signed a $ 7.1 million funding agreement with the World Bank's Global Environment Facility to set up wildlife parks along a 320 - kilometer portion of eastern Nicaragua.

The Green Bank Observatory is a facility of the National Science Foundation, operated under a cooperative agreement by Associated Universities, Inc..

The Green Bank Observatory is a facility of the National Science Foundation operated under cooperative agreement by Associated Universities, Inc..

The retailer announced in February it had reached an agreement to refinance its bank facilities to support its new business plan, making 150 staff redundant.

In the case of a VRDO, the backing is normally from a bank, which can come in various forms: a letter of credit, a stand - by purchase agreement, or just a liquidity facility.

Even if the underlying securities default, those facilities involve repurchase agreements, so the bank putting up the collateral has to repurchase the collateral at the original price plus interest after a term of 28 or 90 days.

On August 8, 2012, Blue Buffalo Company, Ltd., our wholly - owned indirect subsidiary, entered into a senior secured credit agreement, or credit agreement, with Citibank, N.A. as the administrative agent, swingline lender and issuing bank, Citigroup Global Markets Inc. and Morgan Stanley Senior Funding, Inc. as joint lead arrangers and joint bookrunners, Morgan Stanley Senior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facility.

Kenya Airways has undergone a complex and contentious USD 2 billion financial restructuring; the intricate deal saw through a variety of things, such as: re-profiling of payments owned to various lenders; a debt - for - equity swap and the agreement of a new financial facility from Kenyan banks, which...

On the funding and fees mitigation front, a successful result was achieved by vendor assistance through term loan notes to provide funding for part of the purchase price, and by the parties» collaboration in securing continuation of the existing banking facilities through inter-party agreements with the Bank.

He has experience of banking & financial services disputes of a varied nature, including under LMA facility agreements, mortgage disputes (including possession proceedings), prime brokerage, derivatives, claims in relation to «vishing» scams and for recovery of mistaken bank payments, in the context of both commercial and retail banking.

The suit claimed that the banks reneged on loan agreements necessary to fund a revolving credit facility for the resort's construction.

Kenya Airways has undergone a complex and contentious USD 2 billion financial restructuring; the intricate deal saw through a variety of things, such as: re-profiling of payments owned to various lenders; a debt - for - equity swap and the agreement of a new financial facility from Kenyan banks, which thus placed the airline largely in shared ownership between Kenya's government, owning 48.9 % and a consortium of 11 Kenyan commercial banks owning 38.1 %

Following the success of the Liechtenstein Disclosure facility approaches from HMRC to the Swiss authorities resulted in an announcement in 2011 from the UK and Swiss governments relating to an agreement to tax undeclared Swiss bank accounts.

The firm advised Capital Hill on the purchase, management agreements, asset management matters and its new bank facility.

For example, if the borrower suspects that it will be unable to repay the borrowed money on time and the bank is willing to let the borrower have extra time to pay, the facility agreement will need to be amended to push back the repayment date; if the borrower needs to borrow more money than was originally made available, the facility agreement will need to be amended to increase the commitment.

The guarantors claimed that they could not recall being consulted about the amendments to the facility agreements and that they had not received any advice in relation to their role as guarantors (they stated that banking affairs of the borrower companies had been dealt with by a business partner who had since died, though both of the guarantors had executed the banking documents).

The team acted for Novo Banco (NB), a Portuguese bridge bank, in an $ 850m claim, further to a facility agreement entered into by NB's predecessor, Banco Espirito Santo.

A typical committed term loan facility agreement will contain a number of yield protection clauses which are designed to ensure that the bank, over the term of the commitment, receives the return which it expects when entering into such an agreement.

Company - wide cash management including bank wires and escrow fundings • Investor relations including financial reporting, dividend payments, K - 1s and waterfall profit distributions • Monthly, quarterly and annual financial reporting requirements • Create budgets, cash flow projections and compare budgets to actuals • Human resource matters related to payroll and employee benefits • Manage the credit facility audit process, draws and compliance issues • Track interest, fee payments, accounts payable and receivables • Compliance requirements regarding various JV agreements.