Examples of Shareholder Loan in a sentence
The BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan.
If Xx. Xxxxx defaults in completion of the New BSI Agreement, SLHG has the obligation to complete purchase of the BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan on the same terms under the New BSI Agreement.
As BIC and CAI, both being subsidiaries of the Company, are the respective owners of the BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan, it is necessary to bind BIC and CAI by signing of the New BSI Agreement.
Reason for entering into the Head S&P Agreement The Head S&P Agreement serves as the master agreement for the BSI Disposal, under which the Company is liable to sell, and SLHG is liable to acquire, the BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan.
The total consideration for the BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan is HK$206,000,000.