Condor Energies Inc. (“Condor” or the “Company”) (TSX: CDR), is pleased to announce the closing on July 14, 2023 of a US$5.9 million term loan facility (the
To be greater than 0.60 to 1.00 or, if
requested by the Company, 0.65 to 1.00 for the four quarters following an
acquisition in which total cash consideration is equal to or greater than $1.0
billion.. | April 28, 2023
To be greater than 0.60 to 1.00 or, if requested by the Company, 0.65 to 1.00 for the four quarters following an acquisition in which total cash consideration is equal to or greater than $1.0 billion.. | April 28, 2023
At the outset of every credit agreement negotiation, implicit goal is to reach agreement on representations and covenants that allows Fund to operate as needed while protecting lenders. However there are times when the Fund is unable to comply with the credit agreement.
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