Sentence examples for borrowing agreements from inspiring English sources
For years, banks and building societies have charged current-account customers high fees, as much as £35-£40 £35-£40eaching their borrowing agreements.
Long borrowing agreements, no interest to pay, flexible repayment schedules that are sympathetic to the financial setbacks and unexpected expenses we all face.
Five weeks ago Thomas Cook announced it had removed concerns that it could breach its borrowing agreements this winter after securing an additional £100m loan and looser lending terms from the banks.
Nonetheless Burk points out that all the companies have enough cash flow to cover their interest payments, which mean as long as their charters dont default the companies themselves will be able to service their actual debt if their lenders aren't too insistent on the technicalities of the borrowing agreements.
The City Council will vote Wednesday on a proposal to pressure two banks to redo borrowing agreements entered into before the 2007-09 financrashcrash.
The company is negotiating to change the terms of the $400 million borrowing agreement, said Sean Healy, a spokesman.
Sallie Mae's low borrowing costs also are aided in part by a borrowing agreement it has with the Federal Home Loan Bank in Des Moines, a government-sponsored entity originally created to provide cheap financing to home mortgage lenders.
But according to Adelphia board minutes, each of the bank co-borrowing agreements were approved by separate votes of Adelphia's outside directors.
Capital Research and Management, an institutional shareholder with 10.6 million shares, or 4.7percentt of Adelphia, has asked the board to remove Mr. Rigas and all family members from management positions in the company because of conflicts of interest regarding the co-borrowing agreements.
The U.S.' No. 5 cable television purveyor on Monday said it would nix a special $3 billion dividend, after discovering it had violated the terms of its bank-borrowing agreement.
"In conjunction with the review of these co-borrowing agreements, there are a number of possible outcomes with respect to the company's consolidated financial statements for 2001 and certain prior years regarding amounts recorded by Rigas family-owned entities under these co-borrowing agreements," it said.
