Sentence examples for interim loan from inspiring English sources

Exact(12)

Under the terms of the $150 million interim loan from Highbridge Capital Management, McCourt would have had 180 days to initiate a "competitive sale process" for the broadcast rights.

Fleming arranged a $50 million interim loan from J. P. Morgan Chase and Deutsche Bank, and is still in talks to raise $150 million in financing, according to people briefed on the situation.

"It's not a lot of money, but it is highly symbolic in terms of a change in attitude," Douglas Smith, a New York-based independent consultant and former Treasury official, said of the interim loan to Uruguay.

It emerged overnight, however, that senior EU finance officials had asked the European Commission to draw up a "contingency plan" for a new interim loan as a safety net to buy more time for eurozone members to finalise the plan.

In legal filings Tuesday objecting to an interim loan proposed by the Dodgers, lawyers for baseball signaled that they would question at a later date "whether or not Mr. McCourt should be permitted to retain control of the team in Chapter 11".

The interim loan is then paid off by a second lender, who becomes the mortgage lender and receives payments from the building's owner.

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Similar(48)

An interim IMF loan agreement runs out in August, and both sides want a longer-term deal.But according to Luís Secco, an independent economist, that will require resolving the problems postponed by the previous government: sorting out the banking system, renegotiating the country's foreign debt and reopening contracts with the privatised utilities.

Riggs Bank, a local D.C. bank, had provided the interim construction loan to Nassif.

During interim periods, longer loans can be arranged for items on permanent reserve.

Also, both interim and permanent loans for home construction are available for up to 75% of the appraised value or a maximum of $800,000; interim financing is for 18 months at interest three-quarters of 1% above Cal Fed Savings' commercial banking prime and permanent loans are at a fixed rate of 123/4%% or an adjustable rate of 101/2%%.

Recently, the U.S. Department of Energy released a report on the interim results of its loan guarantee program, the federal government's huge clean energy investment fund.

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