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What is Loan Agreement about?

The Loan and Credit Facility Agreement is between Axis Crest Finance Limited (Lender) and Orion Mobility Solutions Private Limited (Borrower) for a total credit facility of INR 40 crores, which includes a term loan of INR 25 crores and a working capital facility of INR 15 crores. The funds are intended for fleet acquisition, business expansion, working capital needs, and general corporate purposes, with specific terms regarding disbursement, repayment, and conditions precedent. The agreement outlines the re

Author

uttamreddy8244266

Language

EN