Oppenheimer amends the terms of its Lending Agreements Dec 17, 2008
Under the terms of the Agreement, the Company and the lending syndicate have agreed to amend certain financial terms and certain covenants in the Senior Secured Credit Agreement to, among other things, (a) change the fixed charge coverage ratio and total leverage ratio for the current fiscal quarter and for future fiscal quarters through June 30, 2013; (b) increase the amount of quarterly loan amortization payments for fiscal quarters through December 31, 2010 beginning in the fiscal quarter... (PR Newswire)
Centenario Copper Completes Partial Copper Hedge Monetization for USD $26 Million of Net Proceeds Nov 20, 2008
The release of the Hedge Proceeds and drawing of the remaining $5 million available under the Franke Credit Facility will also be subject to the Company's ability to continue to meet the terms of the existing Franke Credit Facility, or such amendments as the Lenders shall require, which may include, but may not be limited to, revised pricing, covenant terms and loan amortization schedule and additional copper hedging. The Company currently anticipates that the Lenders' Technical Agent will... (CCNMatthews Press Releases)
Centenario Reports Third Quarter 2008 Results Nov 14, 2008
The release of the Hedge Proceeds and drawing of the remaining $5,000 available under the Franke Credit Facility will also be subject to the Company's ability to continue to meet the terms of the existing Franke Credit Facility, or such amendments as the Lenders shall require, which may include, but may not be limited to, revised pricing, covenant terms and loan amortization schedule and additional copper hedging ... The release of the Hedge Proceeds and drawing of the remaining $5,000 available... (CCNMatthews Press Releases)
House Flipping Expenses Aug 13, 2007
You re lender can provide you with a loan amortization table breaking down the difference between the two. You final calculation of carrying expenses will thus include the interest expenses until you pay off the mortgage at sale, and the taxes and insurance due for the period of time you own the house. (Suite101.com)
Sussex Bancorp Announces Second Quarter 2007 Earnings Jul 25, 2007
The increase is related both to the continued growth in the Company's loan portfolio and two construction loans dependent upon residential unit sales that due to market conditions have not kept pace with the expected loan amortization schedules. Subsequent to quarter end, one of these loans, with an outstanding balance of $4. (Primezone Releases)
Alliance Financial Announces Fourth Quarter and Full Year 2006 Earnings Jan 31, 2007
9 million in the fourth quarter, due primarily to scheduled loan amortization and lower line of credit utilization by certain large commercial customers at year-end. Residential mortgages increased $57. (PR Newswire)
Ask Realty Times Jan 26, 2007
That's a cash savings of $200 a month -- but every dime that's "saved" with an interest-only loan is not going toward loan amortization. Regardless of how property is financed, you want to first make sure that the property is an inherently good rental (location, condition, size, etc. (RealtyTimes)
