Sentences with phrase «loan facility on»

Several insurers provide a loan facility on their own.

The plan also offers loan facility on accrued surrender value.

Policyholders can avail loan facility on this plan, after paying regular premium for three years.

1) Choose Policy term from 10 to 25 years as per your convenience 2) Avail loan facility on this endowment policy to meet your financial needs

He further added that loan facility on policies can also be easily availed for the convenience of the customers who have been adversely affected by the calamity.

Not exact matches

The loan on the facility can be structured to make optimum use of your planned growth or seasonal peaks.

Many small businesses must rely on loans or other forms of credit to finance day - to - day purchases or long - term investments in facilities and equipment.

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.

China's central bank on Thursday raised interest rates for its reverse repos and medium - term lending facility (MLF) loans by 5 basis points.

On February 8, 2013, we entered into a repricing amendment with respect to the Senior Secured Term Loan Facility.

There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).

The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.

The interest rate on the outstanding borrowings pursuant to the Senior Secured Term Loan Facility was 4.00 % at April 27, 2013.

Loans under the new credit facility bear interest, at our option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period in each case plus a margin ranging from 0.00 % to 1.00 %, or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 2.00 %.

Lynas is also working on extending the debt runway for its Japan Australia Rare Earths (JARE) loan facility, the bulk of which matures in June 2018.

Loans under the new credit facility bear interest, at the Company's option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period in each case plus a margin ranging from 0.00 % to 1.00 %, or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 2.00 %.

GUELPH, Ontario, Canada, November 15, 2017 — Recurrent Energy, LLC («Recurrent Energy»), a wholly owned subsidiary of Canadian Solar Inc. («Canadian Solar» or the «Company»)(NASDAQ: CSIQ), today announced it has closed on a combined construction loan and construction letter of credit facility for the 20 MWac / 28 MWp Gaskell West 1 solar power project.

Loans under the credit facility bear interest, at the Company's option, at (i) a base rate based on the highest of the prime rate, the federal funds rate plus 0.50 % and an adjusted LIBOR rate for a one - month interest period plus 1.00 %, in each case plus a margin ranging from 0.00 % to 0.75 % or (ii) an adjusted LIBOR rate plus a margin ranging from 1.00 % to 1.75 %.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.

In an effort to restart the securitization market, on November 25, the Fed announced the Term Asset Backed Securities Loan Facility (TALF).14 In December, the FOMC announced that it would begin to significantly expand its balance sheet through purchases of long - term assets including agency debt, agency mortgage - backed securities and long - term treasuries — the Large Scale Asset Purchase or LSAP program.

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

The annual interest rate on the mezzanine term loan facility is equal to 10.5 % per annum.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.

Greece was officially declared in default on Friday by the European Financial Stability Facility, which holds 144.6 billion euros ($ 160 billion) of Greek loans.

Golub Capital acted as sole bookrunner, administrative agent and lead arranger on a $ 270 million delayed draw term loan to New Enterprise Associates» portfolio company Radiology Partners, raising the company's total GOLD facility to $ 1 billion.

(a) Average of nominal interest rates on outstanding loans (fixed and variable); pre terms of trade boom average is 1993/94 — 2002/03; year - ended observation is the June quarter 2016 average (b) Consumer price data exclude interest charges prior to September quarter 1998 and deposit & loan facilities to June quarter 2011, and are adjusted for the tax changes of 1999 — 2000 (c) Pre terms of trade boom average is 1997/98 — 2002/03

Riyadh — Mubasher: Saudi Arabia has closed a $ 16 billion syndicated loan, which refinances a 2016 - signed $ 10 billion facility, sources told Thomson Reuters LPC on Sunday.

Ray focuses on financial services and commercial real estate, with a specialization in negotiated private placements of term asset - backed securities, warehouse credit facilities, whole loan transactions, subordinated debt financings, and other transactions for specialty finance companies and commercial real estate.

Our institutions, unlike consumer loans or credit cards, give entrepreneurs access to financing when and where they need it — like hiring new employees on short notice, purchasing inventory, upgrading or expanding facilities and equipment and other time sensitive actions.

The sorts of prudential controls which might be used are to limit the opportunities for residents to borrow in foreign currency (i.e. to prevent a repeat of the Bangkok International Banking Facility) and to monitor them when they do; and to keep very tight (indeed, unashamedly intrusive) constraints on banks» ability to have open foreign exchange positions or indirect exposure through foreign exchange loans.

Atlas is striving to complete a major restructuring of its Term Loan B debt facility announced in December, under which the miner's lenders would cancel about half the debt and extend its maturity date in exchange for 70 per cent of the company's shares and options on issue.

The expected new loan facility is to provide for 18 - months of interest - only payments (no amortization), which is designed to reduce the initial debt service burden on the Sponsor so that it has sufficient time needed to stabilize the Property.

In August, 2015, USDA expanded the Farm Storage Facility Loan program to provide producers of milk, cheese, butter, yogurt, meat, eggs, seafood, flowers, rye, maple sap and hops low - cost loans for on - farm storage facilities.

However, owners will, according to the rules, be permitted to invest in clubs, via permanent shares rather than by way of repayable loans, which will enable them to build a solid infrastructure such as training grounds or youth development facilities, but will not be allowed to overspend on wages or transfers.

The Park District asked for the loan to speed up their construction time so that a park facility could be built on the same timeline as the library, which officials have been planning for more than a year.

The plan calls for two separate facilities on the Park District - owned land, but the loan is needed to help the district start building its facility, officials said.

The repayment projections for the loans were made on the assumption that GACL will not pay tax for the duration of the facility.

«On further inquiry, we found out that they mangled the fact that the loan is 2015 general election motivated; by dishing out the lame excuse that the loan is to enable Governor Chime's administration complete ongoing projects and also offset previous loan facility obtained from a new generation bank, which interest rate was jerked up astronomically.

«All facts available indicates that the loan is blatant fraud, and gross man's inhumanity to man; we therefore call on the Central Bank of Nigeria and Economic and Financial Crimes Commission, EFCC, to stop the government from accessing the loan facility.

At a press conference held on Tuesday, September 5, 2017, the Minority leader Haruna Iddrisu alleged that Ofori Atta single - handedly, approved the loan facility, in breach of the country's financial laws.

The Town of Tonawanda under Highway Superintendent Tom Jones and his predecessor Bill Swanson have been super about loaning the county equipment in return for storage space at our facility on Military Road.

Ghana on Wednesday [September 21, 2016], signed the 1.8 billion dollars loan facility for cocoa purchases for the 2016/2017 crop year.

Speaking on the ease of accessing loans and other facilities, Osinbajo said that the federal government was well aware of the hardship faced by business men in doing their business, and has taken steps to make certain facilities easier to access.

«The payment was to be from revenue flows from crude oil which is sold on the international market at bench mark prices but crude oil prices fell and that source of financing the loan became inadequate... So we had indicated that once the processes start, there could be other source of financing repayment for the facility.

President of the Senate, Bukola Saraki, has criticised commercial banks for the high interest rates they charge on loan facilities to Small and Medium Scale Enterprises.

Without the backing of a law, the program might rely on informal, one - off punishments like making businesses ineligible to receive preferential loans or build new facilities.

Transfer money, loan deals, media deals, youth facilities and stadium maintenance are a few categories to keep an eye on this year.

In 2006, Camino Nuevo received an $ 8 million loan from the Los Angeles Charter School New Market Tax Fund — an innovative financing mechanism created by ExED in partnership with the U.S. Treasury Department — to develop a striking new facility for Camino Nuevo High School on the site of a former ice cream factory.

In addition to the TIFIA loan, funding for this project includes $ 124.3 million in Federal grants, $ 50.3 million in special facility revenue bond proceeds, $ 29.5 million in proceeds from customer facility charges, $ 31.1 million in State grants, and $ 4.9 million from interest earnings on bond proceeds.

The TIFIA loan is secured by customer facility charges imposed by RIAC on people renting cars at the airport as well as payments by the rental car companies for tenant improvements in the Intermodal Ffacility charges imposed by RIAC on people renting cars at the airport as well as payments by the rental car companies for tenant improvements in the Intermodal FacilityFacility.