LOANS FROM RELATED PARTIES Sample Clauses

LOANS FROM RELATED PARTIES. Changes in the loans from related parties for the years ended December 31, 2020 and 2019 were summarized as follows: Associated company Bangpo General Hospital Co., Ltd. Baht Consolidated financial statements As at December Transaction during the year As at December‌‌ 31, 2019 Increase Decrease 31, 2020 Long-term - 70,000,000 - 70,000,000 Related company Green Resources Public Co., Ltd. 27,000,000 (7,000,000) 20,000,000 Long-term - Related persons Company’s directors and relative Short-term 633,053,818 - (257,800,000) 375,253,818 Long-term 176,000,000 227,000,000 (209,000,000) 194,000,000 Total 809,053,818 324,000,000 (473,800,000) 659,253,818 Related persons Company’s directors and relative Baht Consolidated financial statements As at December Transaction during the year As at December‌‌ 31, 2018 Increase Decrease 31, 2019 Short-term 589,853,818 64,000,000 (20,800,000) 633,053,818 Long-term 192,000,000 312,000,000 (328,000,000) 176,000,000 Total 781,853,818 376,000,000 (348,800,000) 809,053,818 Associated company Bangpo General Hospital Co., Ltd. Baht Separate financial statements As at December Transaction during the year As at December‌‌ 31, 2019 Increase Decrease 31, 2020 Long-term - 70,000,000 - 70,000,000 Related company Green Resources Public Co., Ltd. Long-term - 27,000,000 (7,000,000) 20,000,000 Related persons Company’s directors and relative Long-term 176,000,000 227,000,000 (209,000,000) 194,000,000 Total 176,000,000 324,000,000 (216,000,000) 284,000,000 Related persons Company’s directors and relative Baht Separate financial statements As at December Transaction during the year As at December‌‌ 31, 2018 Increase Decrease 31, 2019 Long-term 192,000,000 312,000,000 (328,000,000) 176,000,000 Related persons‌ As at December 31, 2020 and 2019, the Company had loans from related persons in term of promissory notes, by issuing the 11 and 11 promissory notes, respectively which is due within 2 years and interest payable on quarterly basis at the interest rate of 2.75% - 3.00% per annum and 3.00% - 3.50% per annum, respectively, under the condition that lenders are able to call for their loans before maturity and the Company can repay its loans before maturity As at December 31, 2020 and 2019, the subsidiaries had short-term loans from related parties in term of promissory notes for a period of repayment 3 months and interest at the rates of 2.94% - 3.35% per annum and rate of 3.50% - 4.50% per annum, respectively. Such loans have on any securities gua...
Sample 1See All (4)
AutoNDA by SimpleDocs
LOANS FROM RELATED PARTIES. Neither the Company nor any of its Subsidiaries is indebted or under any obligation to any of its respective directors, officers or shareholders, on any account whatsoever, other than for (i) payment of salary, directors’ fees, bonus and other employment or consulting compensation, (ii) reimbursement for expenses duly incurred in connection with the business of the Company, and (iii) for other standard employee benefits made generally available to all employees.
Sample 1Sample 2Sample 3
LOANS FROM RELATED PARTIES. Changes in the loans from related parties for the nine-month period ended September 30, 2021 was summarized as follows: Short-term Related company Baht Consolidated financial statements As at December Transaction during the period As at September‌‌ 31, 2020 Increase Decrease 30, 2021 Deeco Supply Co., Ltd. - 40,000,000 (40,000,000) - Related persons Company’s directors and relative 375,253,818 - (106,153,818) 269,100,000 Total short-term loan 375,253,818 40,000,000 (146,153,818) 269,100,000 Long-term Associated company Baht Consolidated financial statements As at December Transaction during the period As at September‌‌ 31, 2020 Increase Decrease 30, 2021 Deeco Supply Co., Ltd. Green Resources Public Co., Ltd. - 20,000,000 40,000,000 - - (20,000,000) 40,000,000 - elated persons Company’s directors and relative 194,000,000 8,000,000 (65,000,000) 137,000,000 Total long-term loan 284,000,000 48,000,000 (155,000,000) 177,000,000 Total 659,253,818 88,000,000 (301,153,818) 446,100,000 Bangpo General Hospital Co., Ltd. 70,000,000 - (70,000,000) - Related company R Short-term Related company Baht Separate financial statements As at December Transaction during the period As at September‌‌ 31, 2020 Increase Decrease 30, 2021 Deeco Supply Co., Ltd. - 40,000,000 (40,000,000) - Total short-term loan - 40,000,000 (40,000,000) - Long-term Associated company Deeco Supply Co., Ltd. Green Resources Public Co., Ltd. - 20,000,000 40,000,000 - - (20,000,000) 40,000,000 - elated persons Company’s directors and relative 194,000,000 8,000,000 (65,000,000) 137,000,000 Total long-term loan 284,000,000 48,000,000 (155,000,000) 177,000,000 Total 284,000,000 88,000,000 (195,000,000) 177,000,000 Bangpo General Hospital Co., Ltd. 70,000,000 - (70,000,000) - Related company R Short-term Related company As at December 31, 2020, the Company had loans from related company in term of promissory notes which is due within June 30, 2021 and interest payable on quarterly basis at the interest rate of 2.75% per annum. During the year 2021, the Company had paid fully amount. Related persons As at September 30, 2021 and December 31, 2020, the subsidiaries had short-term loans from related parties in term of promissory notes for a period of repayment 3 months and interest at the rates of 2.94% - 3.50% per annum and rate of 2.94% - 3.35% per annum, respectively. Such loans have no any securities guaranteed. Long-term Associated company As at December 31, 2020, the Company had loans from associated com...
Sample 1
LOANS FROM RELATED PARTIES. Changes in the loans from related parties for the nine-month period ended September 30, 2019 was summarized as follows: Related persons Company’s directors Baht Consolidated financial statements As at December Transaction during the period As at September‌‌ 31, 2018 Increase Decrease 30, 2019 Short-term 589,853,818 25,000,000 (18,000,000) 596,853,818 Long-term 192,000,000 237,000,000 (305,000,000) 124,000,000 Total 781,853,818 262,000,000 (323,000,000) 720,853,818 Related persons Company’s directors Baht Separate financial statements As at December Transaction during the period As at September‌‌ 31, 2018 Increase Decrease 30, 2019 Long-term 192,000,000 237,000,000 (305,000,000) 124,000,000 Related persons‌ As at September 30, 2019 and December 31, 2018, the Company had loans from related persons in term of promissory notes, by issuing the 11 promissory notes and 10 promissory notes, respectively, which is due within 2 years and interest payable on quarterly basis at the interest rate of 3.00% - 3.25% per annum and 3.00% - 3.50% per annum, respectively, under the condition that lenders are able to call for their loans before maturity and the Company can repay its loans before maturity As at September 30, 2019 and December 31, 2018, the subsidiaries had loans from related parties in term of promissory notes for a period of repayment 3 months and interest rates at the rates of 3.25% - 4.50% per annum. Such loan has on any securities guaranteed.
Sample 1
LOANS FROM RELATED PARTIES. 6.10 There is no loan to a Group Company from, or amount owing by a Group Company to:
Sample 1
LOANS FROM RELATED PARTIES. Borrower shall not make any payments respecting any debt or obligation of the Borrower to any Shareholders or their immediate family or to any officers of the Borrower or related parties to the Borrower.
Sample 1
LOANS FROM RELATED PARTIES. Borrower shall not make any payments respecting any debt or obligation of the Borrower to any officers of the Borrower or related parties to the Borrower without the prior written approval of the Lender, which shall not be unreasonably withheld. All inside creditors, lenders (excluding Corestates Bank) and investors of and to the Borrower shall enter into a Subordination Agreement, in form satisfactory to Lender, pursuant to which all loans and investments of such parties are subordinated to the interests of the Lender hereunder and under the EST Loan Documents.
Sample 1
AutoNDA by SimpleDocs

Related to LOANS FROM RELATED PARTIES

  • Loans from Affiliates If any loans are made to the Company by an Affiliate of the Advisor, the maximum amount of interest that may be charged by such Affiliate shall be the lesser of (i) 1% above the prime rate of interest charged from time to time by The Bank of New York and (ii) the rate that would be charged to the Company by unrelated lending institutions on comparable loans for the same purpose. The terms of any such loans shall be no less favorable than the terms available between non-Affiliated Persons for similar commercial loans.

  • Loans From Members Loans by Members to the Company shall not be considered Capital Contributions. Subject to the provisions of Section 3.01(c), the amount of any such advances shall be a debt of the Company to such Member and shall be payable or collectible in accordance with the terms and conditions upon which such advances are made.

  • Loans from Partners Loans by a Partner to the Partnership shall not constitute Capital Contributions. If any Partner shall advance funds to the Partnership in excess of the amounts required hereunder to be contributed by it to the capital of the Partnership, the making of such excess advances shall not result in any increase in the amount of the Capital Account of such Partner. The amount of any such excess advances shall be a debt obligation of the Partnership to such Partner and shall be payable or collectible only out of the Partnership assets in accordance with the terms and conditions upon which such advances are made.

  • Transfers or Assignments to a Third Party Financing Agent It is understood and agreed by the parties that a condition precedent to the consummation of the purchase(s) under the Contract may be the obtaining of acceptable third party financing by the Authorized User. The Authorized User shall make the sole determination of the acceptability of any financing proposal. The Authorized User will make all reasonable efforts to obtain such financing, but makes no representation that such financing has been obtained as of the date of Bid receipt. Where financing is used, Authorized User may assign or transfer its rights in Licensed Products (existing or custom) to a third party financing entity or trustee (“Trustee”) as collateral where required by the terms of the financing agreement. Trustee’s sole rights with respect to transferability or use of Licensed Products shall be to exclusively sublicense to Authorized User all of its Licensee’s rights under the terms and conditions of the License Agreement; provided, further, however, in the event of any termination or expiration of such sublicense by reason of payment in full, all of Trustee’s rights in such Licensed Product shall terminate immediately and Authorized User’s prior rights to such Existing Licensed Product shall be revived.

  • COMMITMENT OF THE THREE PARTIES By signing7 this document, the staff member, the sending institution and the receiving institution/enterprise confirm that they approve the proposed mobility agreement. The sending higher education institution supports the staff mobility as part of its modernisation and internationalisation strategy and will recognise it as a component in any evaluation or assessment of the staff member. The staff member will share his/her experience, in particular its impact on his/her professional development and on the sending higher education institution, as a source of inspiration to others. The staff member and the beneficiary institution commit to the requirements set out in the grant agreement signed between them. The staff member and the receiving institution/enterprise will communicate to the sending institution any problems or changes regarding the proposed mobility programme or mobility period. The staff member Name: Signature: Date: The sending institution Name of the responsible person: Signature: Date: The receiving institution/enterprise Name of the responsible person: Signature: Date: 1 Adaptations of this template: In case the mobility combines teaching and training activities, the mobility agreement for teaching template should be used and adjusted to fit both activity types. In the case of mobility between Programme and Partner Countries, this agreement must be always signed by the staff member, the Programme Country HEI as beneficiary and the Partner Country HEI as sending or receiving organisation. In case of mobility from Partner Country HEIs to Programme Country enterprises the last box should be duplicated to include the signature of the Programme Country HEI (the beneficiary) and the receiving organisation (four signatures in total).

  • CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for your losses or damages. However, we will not be liable for direct or consequential damages in the following events: - If, through no fault of ours, there is not enough money in your accounts to complete the transaction, if any funds in your accounts necessary to complete the transaction are held as uncollected funds pursuant to our Funds Availability Policy Disclosure, or if the transaction involves a loan request exceeding your credit limit. - If you used your card or access code in an incorrect manner. - If the ATM where you are making the transfer does not have enough cash. - If the ATM was not working properly and you knew about the problem when you started the transaction. - If circumstances beyond our control (such as fire, flood, or power failure) prevent the transaction. - If the money in your account is subject to legal process or other claim. - If funds in your account are pledged as collateral or frozen because of a delinquent loan. - If the error was caused by a system of any participating ATM network. - If the electronic transfer is not completed as a result of your willful or negligent use of your card, access code, or any EFT facility for making such transfers. - If the telephone or computer equipment you use to conduct audio response, online/PC, or mobile banking transactions is not working properly and you know or should have known about the breakdown when you started the transaction. - If you have xxxx payment services, we can only confirm the amount, the participating merchant, and date of the xxxx payment transfer made by the Credit Union. For any other error or question you have involving the billing statement of the participating merchant, you must contact the merchant directly. We are not responsible for investigating such errors. - Any other exceptions as established by the Credit Union.

  • Transactions with Related Parties Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

  • Defense of Agent’s and Lenders’ Interests Until (a) payment and performance in full of all of the Obligations and (b) termination of this Agreement, Agent’s interests in the Collateral shall continue in full force and effect. During such period no Borrower shall, without Agent’s prior written consent, pledge, sell (except Inventory in the Ordinary Course of Business and Equipment to the extent permitted in Section 4.3 hereof), assign, transfer, create or suffer to exist a Lien upon or encumber or allow or suffer to be encumbered in any way except for Permitted Encumbrances, any part of the Collateral. Each Borrower shall defend Agent’s interests in the Collateral against any and all Persons whatsoever. At any time following demand by Agent for payment of all Obligations, Agent shall have the right to take possession of the indicia of the Collateral and the Collateral in whatever physical form contained, including: labels, stationery, documents, instruments and advertising materials. If Agent exercises this right to take possession of the Collateral, Borrowers shall, upon demand, assemble it in the best manner possible and make it available to Agent at a place reasonably convenient to Agent. In addition, with respect to all Collateral, Agent and Lenders shall be entitled to all of the rights and remedies set forth herein and further provided by the Uniform Commercial Code or other Applicable Law. Each Borrower shall, and Agent may, at its option, instruct all suppliers, carriers, forwarders, warehousers or others receiving or holding cash, checks, Inventory, documents or instruments in which Agent holds a security interest to deliver same to Agent and/or subject to Agent’s order and if they shall come into any Borrower’s possession, they, and each of them, shall be held by such Borrower in trust as Agent’s trustee, and such Borrower will immediately deliver them to Agent in their original form together with any necessary endorsement.

  • Exceptions from Liability Without limiting the generality of any other provisions hereof, neither the Custodian nor any Domestic Subcustodian shall be under any duty or obligation to inquire into, nor be liable for:

  • Lack of Reliance on the Agents Independently and without reliance upon the Agents, each Lender, to the extent it deems appropriate, has made and shall continue to make (i) its own independent investigation of the financial condition and affairs of the Credit Parties in connection with the making and the continuance of the Loans and the taking or not taking of any action in connection herewith, (ii) its own appraisal of the creditworthiness of the Credit Parties and (iii) its own appraisal of the Hermes Cover and, except as expressly provided in this Agreement, none of the Agents shall have any duty or responsibility, either initially or on a continuing basis, to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter. None of the Agents shall be responsible to any Lender for any recitals, statements, information, representations or warranties herein or in any document, certificate or other writing delivered in connection herewith or for the execution, effectiveness, genuineness, validity, enforceability, perfection, collectibility, priority or sufficiency of this Agreement, any other Credit Document, the Hermes Cover or the financial condition of the Credit Parties or any of them or be required to make any inquiry concerning either the performance or observance of any of the terms, provisions or conditions of this Agreement, any other Credit Document, the Hermes Cover, or the financial condition of the Credit Parties or any of them or the existence or possible existence of any Default or Event of Default.

Time is Money Join Law Insider Premium to draft better contracts faster.