Loan capital Sample Clauses

Loan capital. 13.1. The loan accounts shall be upon terms and conditions as agreed to herein and as further decided upon by the board from time to time.
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Loan capital. The Company may arrange for the loan at a bank or other credit or financial institutions in Vietnam or abroad, in compliance with the procedures as required by the Laws of Vietnam, as contribution to the Investment Capital to meet operational demands of the Company.
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Loan capital. There is no outstanding loan capital or debenture stock in issue in the Company.
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Loan capital. The Fund may not, however, take loans by means of the issue and sale of bonds and other repayable debt instruments to the public.]1) The annual operating expenses of the Fund shall be met from the Fund’s working capital and from borrowing fees (cf. Article 6). Each year, the board of the Fund shall draw up a budget for the Fund for the following year in the same manner as other state bodies. The Fund’s annual accounts shall be approved by the board of the Fund and audited by the Office of the Auditor-General. They shall be published in the Government Gazette.
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Loan capital. Since the Accounts Date, no Group Company has repaid any loan, loan capital or other debenture by reason of its default.
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Loan capital. Subject to the terms and conditions of this Contract and the Charter, and to the greatest extent permitted by the Laws of Vietnam, the Company may finance its operations and capital needs by way of loans, borrowings or other means of financing, including loans from the Members, banks, other credit or financial institutions, or other qualified lenders inside or outside of Vietnam, in compliance with the procedures as required by the Laws of Vietnam and upon such terms and subject to such conditions as may be approved by the Members' Council.
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Loan capital. It is acknowledged and agreed that a portion of the Capital Contributions made by the Class A Members to the Company pursuant to Sections 2.2.1 and 2.2.2, above, such portions being set forth opposite each such Member’s respective name on Exhibit A-1 attached hereto (the “Loan Capital”), have been utilized by the Company to fund one or more HHI Loans from the Company to HHI upon such terms and conditions as have been deemed reasonable and in the best interests of the Company and its Members by the Managing Member. Such loans to HHI are hereby authorized, ratified and approved, and the Managing Member shall be, and hereby is, authorized to execute and deliver such documents, instruments and agreements as the Managing Member determines is reasonable or necessary in order to evidence or reflect the same.
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Loan capital. No member of the Group has outstanding any loan capital or any money borrowed or raised (other than under any financial facilities disclosed in relation to paragraph 11.1 above), including money raised by acceptances, debt factoring, receivable discounting or securitisation.
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Related to Loan capital

  • Investments, Loans, Advances and Acquisitions The Borrower will not, and will not permit any of its Subsidiaries to, purchase, hold or acquire (including pursuant to any merger with any Person that was not a wholly owned Subsidiary prior to such merger) any capital stock, evidences of indebtedness (subject to Section 6.09 below) or other securities (including any option, warrant or other right to acquire any of the foregoing) of, make or permit to exist any loans or advances to, or make or permit to exist any investment or any other interest in, any other Person, or purchase or otherwise acquire (in one transaction or a series of transactions) any assets of any other Person constituting a business unit, except:

  • Increased Capital If after the date hereof any Lender or Issuing Bank determines that (i) the adoption or implementation of or any change in or in the interpretation or administration of any law or regulation or any guideline or request from any central bank or other Governmental Authority or quasi-governmental authority exercising jurisdiction, power or control over any Lender, Issuing Bank or banks or financial institutions generally (whether or not having the force of law), compliance with which affects or would affect the amount of capital required or expected to be maintained by such Lender or Issuing Bank or any corporation controlling such Lender or Issuing Bank and (ii) the amount of such capital is increased by or based upon (A) the making or maintenance by any Lender of its participation in or obligation to participate in Letters of Credit or (B) the issuance or maintenance by any Issuing Bank of, or the existence of any Issuing Bank's obligation to issue, Letters of Credit, then, in any such case, upon written demand by such Lender or Issuing Bank (with a copy of such demand to the Agent), the Borrowers shall immediately pay to the Agent for the account of such Lender or Issuing Bank, from time to time as specified by such Lender or Issuing Bank, additional amounts sufficient to compensate such Lender or Issuing Bank or such corporation therefor. Such demand shall be accompanied by a statement as to the amount of such compensation and include a brief summary of the basis for such demand. Such statement shall be conclusive and binding for all purposes, absent manifest error.

  • Net Capital You represent that you, and we represent that we, are in compliance with the capital requirements of Rule 15c-3-1 promulgated by the Commission under the Securities and Exchange Act of 1934, and we may, in accordance with and pursuant to such Rule 15c-3-1, agree to purchase the amount of Units to be purchased by you and us, respectively, under the Agreement.

  • Capital Increase If the Capital Increase is not offered granting the option right in accordance with Recital D., the execution of the Capital Increase will require and will be subject to a vote in favour of one director designated by Richemont.

  • Increased Capital Costs 63 4.6. Taxes................................................................................................ 63 4.7. Payments, Computations, etc.......................................................................... 64 4.8.

  • Participation in Future Financing (a) From the date hereof until the date that is the 12 month anniversary of the Effective Date, upon any issuance by the Company or any of its Subsidiaries of Common Stock or Common Stock Equivalents (a “Subsequent Financing”), each Purchaser shall have the right to participate in up to an amount of the Subsequent Financing equal to 100% of the Subsequent Financing (the “Participation Maximum”) on the same terms, conditions and price provided for in the Subsequent Financing.

  • Acquisition Loans The proceeds of the Acquisition Loans may be used only for the following purposes: (i) for working capital and general corporate purposes, including, without limitation, the issuance of Letters of Credit and to pay outstanding Floor Plan Loans; and (ii) to make Permitted Acquisitions.

  • Partnership Capital A. No Partner shall be paid interest on any Capital Contribution to the Partnership or on such Partner's Capital Account, notwithstanding any disproportion therein as between Partners.

  • Bridge Loan The proceeds of the Bridge Loan shall be applied by the Company, together with borrowings under the Credit Agreement, to the payment of the Transaction Costs, to pay for the Acquisitions, to consummate the Tender Offer and to repay other outstanding Indebtedness of the Company.

  • Investments, Acquisitions, Loans and Advances The Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly, make, retain or have outstanding any investments (whether through purchase of stock or obligations or otherwise) in, or loans or advances to (other than for travel advances and other similar cash advances made to employees in the ordinary course of business), any other Person, or acquire all or any substantial part of the assets or business of any other Person or division thereof; provided, however, that the foregoing shall not apply to nor operate to prevent:

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