Examples of Loan Transactions in a sentence
Any interest amounts and fees payable in respect of the Loan Transactions and Clearing Transactions (if any) will be paid out of the Group’s designated COSCO Finance account.
Pursuant to Rule 14A.90 of the Listing Rules, the Financial Assistance Framework Agreements entered into by LSD, eSun and/or LF in the capacity as borrower and the Intercompany Loan Transactions contemplated thereunder are fully exempt from the connected transactions requirements under Chapter 14A of the Listing Rules for each of LSD, eSun and LF.
Subject matter: COSCO Finance will provide its services to the Group for the Deposit Transactions, the Loan Transactions, the Clearing Transactions and other financial services COSCO Finance can engage in as permitted by the CBRC, if any.
Accordingly, the LSD-LF Framework Agreement and the LSD-LF Loan Transactions contemplated thereunder constitute continuing connected transactions of LSD under Chapter 14A of the Listing Rules.
The LSG Directors (excluding the independent non-executive LSG Directors) consider that the LSG Financial Assistance Framework Agreements and the Intercompany Loan Transactions contemplated thereunder are on normal commercial terms, fair and reasonable and in the interests of LSG, its subsidiaries and its shareholders as a whole.