Sentences with phrase «lma facility agreements»

For years, the board has lamented the existence of charter schools and treated them as unwanted competition, placing onerous conditions on approval and roadblocks to sustainability, like the year - to - year facilities agreements that make life hard for schools and their parents and are part of the current disagreement.

No costs associated with our credit facility agreements or annual fees paid to credit rating agencies have been included.

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.

Nobody is expected to draft a facility agreement or an offering memorandum on day one in the seat.

First, it is detailed in a Memorandum of Understanding (MoU), which is annexed to the Financial Assistance Facility Agreement concluded between the Member State and the EFSF (or ESM, EFSM, depending on the case).

In the Market Lofts case, the shared facilities agreement specifically contemplated an unregistered lien arising in the event of default in payment of any amounts owing under the agreement.

In the recent case of Toronto Standard Condominium Corporation No. 1487 v. Market Lofts Inc., («TSCC No. 1487 v. Market Lofts»), the Court found that the 10 year limitation period prescribed by the RPLA is applicable to actions by parties to a shared facilities agreement for any default in payment under that agreement.

The proceedings concerned the interaction and interpretation of a senior facilities agreement and intercreditor agreement (with Richard Snowden QC).

BNP Paribas in the extension of the US$ 28 million loan facility under a facility agreement made between, among others, Shunkhlai LLC as borrower and BNP Paribas as agent, including the assignment of the reinsurances in relation to the Shunkhlai group companies

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agreement will need to be amended to push back the repayment date; if the borrower needs to borrow more money than was originally made available, the facility agreement will need to be amended to increase the commitment.

A lender will want to consider gaining guarantors» consent for any amendments to a facility agreement which may adversely affect the guarantors.

The Polish project financing market is accustomed to English law facilities agreements.

Both directors signed a statement on the last occasion when the facility agreements were amended to confirm that Investec could continue to rely on the personal guarantees and stating that they waived their right to seek independent legal advice in respect of the personal guarantees.

Making changes to a facility agreement without the consent of any guarantors who are guaranteeing the monies lent under the agreement can lead to the guarantees being rendered ineffective.

It is very common in practice for facility agreements to be amended.

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 lender will also wish to consider requiring the guarantors to enter into a deed of confirmation in which they state that the guarantees will continue to apply in respect of the amended facility agreement.

The High Court held that, on the facts, the changes to the facility agreements (extending the term of the loan and rolling up the interest) were within the scope of the indulgence clause in the guarantee.

Both of these amendments are commonly made to facility agreements in practice.

Liam Terry handles a significant amount of work for HSBC, recently advising it on a # 50m term and revolving facilities agreement to Vectura Group to part finance its # 441m acquisition of Skyepharma.

She acted for RBS on the exercise of a # 45m accordion option available to Safestore Holdings, constituting an overhaul of the original facility agreement between the two parties.

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.

She pioneered the recent introduction by the Loan Market Association of a real estate finance facility agreement which is expected to become the market standard document in the real estate finance world.

Re the Eurotunnel group [2006 to 2007] French sauvegarde proceedings; enforcement of turnover and security rights under English law facility agreements and security; Insolvency Regulation, article 5.

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.

We have acted for lenders and for housing association borrowers in negotiating complex facility agreements.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Enel Green Power Germany has signed agreement to build and manage the lithium - ion battery storage facility.

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.

The greatest coup came early last year, when Ontario announced it had negotiated an agreement with a consortium of Korean companies, including Samsung and Korea Power Electric Corp. (Details remain mysterious, but included construction of CS Wind's turbine tower plant in Windsor, a blade manufacturing facility in Tillsonburg, and two other facilities.)

Failure to reach an agreement would have triggered immediate payment of a multimillion - dollar credit facility.

China's state oil company signed a preliminary agreement in November to invest in a $ 43 billion LNG export facility in Alaska, which would compete with Russia's Yamal LNG export terminal in the Arctic.

A joint venture between Ord River Resources and Dampier Gold has entered into a binding ore treatment agreement with Northern Star Resources for use of its Plutonic processing facility for an undisclosed sum.

That agreement could bar workers from talking about their working conditions and safety issues at the company's facility in Fremont, California.

According to the National Labor Relations Board complaint, Tesla violated workers» rights by requiring them to sign a confidentiality agreement that could bar them from talking about their working conditions and safety issues at the company's facility in Fremont, California.

However, the IAEA, which is the group in charge of monitoring Iran's facilities, has found the country is in compliance with the agreement, and has said it has «n o credible evidence» that Iran was pursuing nuclear weapons after 2009.

Last week, Relativity announced a 20 - year leasing agreement with NASA to use the E-4 facilities at Stennis, which gives the start - up access to four robust testing chambers for larger tests.

Under the agreement, Ontario will store some of its surplus electricity — much of which comes from wind power generation — at Hydro Quebec facilities.

The company, whose fourth - quarter earnings came in below what analysts expected, said after it closes the sale, it will enter into lease agreements for each of the facilities for an initial term of 20 years with renewal options.

Air Products and Chemicals signed an agreement with Yankuang Group for a $ 3.5 bln coal - to - syngas production facility in China.

Note 3: We recorded additional interest expense related to the amortization of debt issuance costs affiliated with our Term Loan Credit Agreement and ABL Facility.

Building owners and telecommunications companies are gradually reaching agreements on access to enable installation of telecommunications facilities.

Sempra Renewables has assumed construction of the project and will operate the facility, which is fully contracted under four independent long - term, power purchase agreements.

In November 2015, we terminated the unsecured revolving credit facility provided under such credit agreement, and we entered into a new secured revolving credit agreement with these lenders as well as affiliates of Jefferies LLC, Stifel, Nicolaus & Company and SMBC Nikko Securities America, Inc., under which these underwriters and / or affiliates have been, and may be in the future, paid customary fees.

Work under the blanket purchase agreement (BPA) includes labor, materials and equipment to perform any waste remediation, transportation or disposal requirement generated by Navy facilities in a 15 - State Regional Area.

In October 2014, we entered into an incremental commitment joinder agreement with an affiliate of Barclays Capital Inc., increasing the borrowing limit under the Cash Flow Facility to allow us to borrow up to $ 50.0 million in total.

On December 28, 2011, the Company entered into a credit agreement, consisting of a term loan and a revolving credit facility.

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 October 2014, we entered into an incremental commitment joinder agreement with an affiliate of Barclays Capital Inc., increasing the borrowing limit under the Cash Flow Facility.