Sentences with phrase «lender credit facilities»
Richard's experience includes negotiating and documenting syndicated and single lender credit facilities, subordinated and mezzanine financings, private placements, structured finance transactions and initial public offerings.
https://us.eversheds-sutherland.com/ Not exact matches
Affiliates of each of the Underwriters are lenders under the Senior Secured Asset - Based Revolving Credit Facility.
If NMG were to request any such additional commitments and the existing lenders or new lenders were to agree to provide such commitments, the Asset - Based Revolving Credit Facility size could be increased to up to $ 1,000 million, but NMG's ability to borrow would still be limited by the amount of the borrowing base.
On December 15, 2017, OnDeck introduced the BlackRock - managed fund as the Class B lender under OnDeck's existing asset - backed, revolving credit facility with SunTrust Bank.
In connection with this new revolving credit facility, we also received an additional commitment of up to $ 25.0 million from one of these lenders, subject to certain conditions.
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.
The actual terms of the New Credit Facility will depend on the results of negotiations with lenders.
Valeant expects to file its Form 10 - K and become current on its financial filings by April 29, 2016 (within the curing period) but to be prudent, the company also announced that it intends to seek a waiver from the lenders under its 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&racredit 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&raCredit Facility»).
In August 2014, we entered into the Asset - Based Credit Facility with six lenders, including affiliates of Morgan Stanley & Co..
For example, in July 2016, we entered into the Credit Facility with various lenders, including affiliates of Morgan Stanley & Co..
Our revolving credit facilities provide our lenders with first - priority liens against substantially all of our assets, including our intellectual property, and contain financial covenants and other restrictions on our actions, which could limit our operational flexibility and otherwise adversely affect our financial condition.
We expect that affiliates of certain of the underwriters will participate as arrangers and / or lenders under the New Credit Facility.
The New Credit Facility is expected to allow for incremental commitments not to exceed $ 30.0 million, which may be obtained with the consent of the lenders.
Online lender OnDeck extended its current $ 100 million asset - backed revolving credit facility with SunTrust Bank to November 2018.
First, the first out ABL lenders under the 2013 credit agreement objected by claiming that under their applicable AAL, Standard General as last out lender under that facility was precluded from submitting a credit bid if any obligations to the first out ABL lenders remained outstanding.
The new credit line, which replaces a smaller facility with another lender, bolsters the Company's ability to serve the owners of small and medium - size businesses throughout the United States, and through affiliates in Canada and the United Kingdom.
Comvest Credit Partners acted as Administrative Agent and Lender for a $ 125.0 million senior secured credit facility to Acima CreditCredit Partners acted as Administrative Agent and Lender for a $ 125.0 million senior secured credit facility to Acima Creditcredit facility to Acima CreditCredit, LLC.
«At Directed Capital we are always looking to provide solutions for Main Street that traditional lenders do not have the capability or flexibility to assist with,» said Directed Capital's CEO Chris Moench, who has specialized in acquiring and repositioning debt for more than 25 years, «With the increase to our credit facility from our longtime lender Goldman Sachs, we were able to acquire these FDIC loans and expect to continue our long tradition of helping borrowers re-access traditional financing channels, while providing investors with superior returns typically uncorrelated with the market.
In connection with the termination of the Loan Agreement, the Company executed a non-binding term sheet with a third - party lender for a new $ 25M credit facility consisting of a $ 15M term loan and $ 10M revolver.
Many of us go through life without any idea how good or bad our credit rating is or even without an idea that lenders and retailers have the facility to rate us and share information about us.
It is common practice that applicants seeking personal loans with bad credit will have their credit history checked out — though some lenders offer no credit check facilities on limited loan products.
The private lenders give people a chance to rebuild their scores so that they may access any credit facility they want in future.
FHA mortgage insurance also encourages lenders to make loans to otherwise credit worthy projects and borrowers that might not be able to meet underwriting requirements that are conventional, protecting the lender against loan default on mortgages for properties that meet certain minimum requirements — including single - family, manufactured homes, and multifamily properties, and some health - related facilities.
FHA mortgage insurance also encourages lenders to make loans to otherwise credit worthy projects and borrowers that might not be able to meet underwriting requirements that are conventional, protecting the lender against loan default on mortgages for properties that meet certain minimum requirements — including single - family, manufactured homes, some health - related facilities, and multifamily properties.
This is where you give permission to a lender to check your credit history with the intention of getting a new lending facility.
The alternative lender announced on Wednesday it has a letter of commitment from two unnamed Schedule 1 Canadian banks for a two - year $ 500 - million credit facility.
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.
The agreement is subject to the previously mentioned Gaylord Entertainment shareholder approval, which is expected in August, as well as lender consent to amendments to Gaylord's credit facility and other customary closing conditions and regulatory approvals.
The loan - to - value ratio usually can not exceed 50 percent; if the appraisal indicates that the value of the art has declined, then the borrower may have to repay a portion of the loan, reduce the size of a revolving credit facility, or pledge additional collateral to the lender.
He advises lenders and borrowers in connection with a wide range of financing transactions, including investment - grade and leveraged acquisition financings, asset - based credit facilities, cross-border financings, debt restructurings, and other secured and unsecured financings.
Her practice includes representing financial sponsors, corporate borrowers and various lenders on a wide range of transaction types, including leveraged acquisition financings, high - yield bond issuances, asset - based revolving credit facilities, complex restructurings, debtor - in - possession and exit financings and investment - grade, unsecured financings.
Such an attempt has just failed in the High Court which had taken a transfer of one of the Chester cornucopia of consumer credit cases (see NLJ 26 June 2009 p 923)-- the test case of McGaffick v Royal Bank of Scotland plc [2009] EWHC 2386, [2009] All ER (D) 71 Oct in which the lender had told the consumer that the existence of information on his default at the agencies might impair his ability to obtain credit or other financial facilities such as current accounts for a period of up to six years.
Malcolm has extensive experience representing lenders and borrowers in secured and unsecured debt financings, including syndicated senior bank credit facilities, first and second lien financings, asset - based (ABL) credit facilities, mezzanine and other subordinated debt financings, debtor - in - possession financings, public and Rule 144A debt offerings, and convertible debt transactions.
Representations of borrowers and lenders in financing matters, including asset based credit facilities, multinational lending arrangements, letters of credit and aspects of publicly held debt securities.
the administrative agent for the senior secured lender group to Memorial Production Operating LLC, an oil and gas company operating in the US in connection with the restructuring of its US$ 925 credit facility
According to testimony at trial, had TOUSA, Inc. not settled with the Transeastern Lenders, defaults may have been triggered under the bonds and / or credit facility.
Testimony at trial implied that had TOUSA, Inc. not settled with the Old Lenders, defaults may have been triggered under the bonds and / or credit facility.
Representation of agent / lender in a multilender senior credit facility for a chain supermarket.
Mr. Leo has extensive experience representing motion picture studios, production companies, distributors, lenders and cofinanciers in all types of motion picture and television financing transactions, including multipicture production, financing and distribution arrangements; revolving credit production finance facilities; rights acquisition financings; complex secured distribution arrangements; television license financing and securitization facilities; entertainment - related merger and acquisition financings and working capital lines of credit; complex intercreditor and interparty arrangements; and entertainment finance generally.
Lawyers in the firm's Real Estate Practice Group represent lenders, national and regional banks, opportunity funds and borrowers in connection with real estate financings, construction loans, equity investments, syndicated investments, portfolio and syndicated credit facilities, tax credit transactions and municipal finance.
He represents lenders, sponsors and corporate borrowers in connection with the documentation of a wide range of credit facilities, including secured and unsecured, acquisition financing, asset - based revolvers and portfolio loans.
Zander has represented clients, including agents, lenders and participants in credit facilities totaling over $ 50 billon.
Lead counsel to Richardson International Limited in the negotiation of complex syndicated credit facilities with a syndicate of nine lenders, led by Canadian Imperial Bank of Commerce, as sole lead arranger, bookrunner and administrative agent, and The Bank of Nova Scotia, The Toronto - Dominion Bank, Royal Bank of Canada and Rabobank Nederland, Canadian Branch, as co-documentation agents, in connection with the opening of the market for wheat and barley sales in Canada following the removal of the Canadian Wheat Board's legislated monopoly
Developed and prepared quarterly debt covenant analysis for $ 230MM credit facility, which met lender requirements.
«There was very strong lender demand in our new credit facility, with commitments received from 33 financial institutions aggregating over $ 5 billion,» said Simon Chairman and CEO David Simon in a statement.
«ARCP also stated that it has obtained an additional consent and waiver from the lenders under its unsecured credit facility for an additional extension for reporting its third - quarter 2014 and full year 2014 financial statements.
An experienced and reputable rental property lender will provide access to financing facilities created specifically for real estate investors, such as 5 - year or 10 - year fixed portfolio term loans, 30 - year fixed single asset term loans, or acquisition / bridge lines of credit for fix and flips.
First, back in December, the firm served as administrative agent and sole lender for an $ 82 million senior secured credit facility, which provided bridge - to - agency financing for a 23 - property seniors housing portfolio located in six states (primarily -LSB-...]
The government mortgage lender explained that the credit facility offers advantages for seniors housing owners with large development and acquisition pipelines or assets requiring time to stabilize.