Repayment of Shareholder Loans. Prior to the initial public offering of the Company, the Principals shall, and shall, together with the Warrantors, cause the other relevant senior officers of the Group Companies to fully repay the Offshore Shareholder Loans and Onshore Shareholder Loans, as applicable.
Repayment of Shareholder Loans. The Purchaser shall, or shall cause the relevant Group Companies to, fully repay (a) the Onshore Shareholder Loans within five (5) Business Days after the Closing Date, and (b) the Offshore Shareholder Loans within five (5) Business Days after it receives the Seller’s notice in accordance with Section 2.7(c), regardless of whether the Seller agrees or disagrees with the Accounting Firm’s calculation of the Closing Examination Final Purchase Price.
Repayment of Shareholder Loans. 11.8.1 Subject to clause 11.8.2 below, Shareholder Loans (other than any Shareholder Loans for Additional Contributions, which shall be repaid first) shall only be repaid pro rata to the principal amounts outstanding at the time of repayment.
Repayment of Shareholder Loans. 32 6.12 Shareholders' Agent Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 6.13
Repayment of Shareholder Loans. Except as otherwise provided in the Employment Agreement of Robexx Xxxxxx xxxached hereto as Exhibit D-2 with respect to Employer Advances made under the Insurance Agreement referenced therein, at or prior to the Effective Time, the
Repayment of Shareholder Loans. Within thirty (30) days of the Closing Date, Buyer will cause the Companies to repay loans due to Sellers in the amount reflected on the Companies' audited November 30, 1997 financial statement.
Repayment of Shareholder Loans. The repayment in full of the debts owed by the Sellers to the Company, which are detailed in the table attached hereto as Annex 2.2.1(iv) (the “Shareholders' Debt”), according to one of the following alternatives:
Repayment of Shareholder Loans. As at the date of the Variation Agreement and pursuant to the JVA, the Company has extended interest-free shareholder loans to the JVC in the aggregate principal amount of approximately S$406,000 (“Shareholder Loan”). Pursuant to the Variation Agreement, the JVC shall repay all loans, debts and other amounts owning or due to the Company and/or its subsidiaries (“Group”), including the Shareholder Loan, advances, receivables and any payments made by the Group on behalf of the JVC to the Group (“Indebtedness”), in the following manner: (i) S$50,000 on the date of the Variation Agreement; and (ii) the balance of the Indebtedness within 14 calendar days from the date of the Variation Agreement. The Shareholder Loan has been secured by guarantees from Arke and its shareholder pursuant to the Variation Agreement.
Repayment of Shareholder Loans. All indebtedness of the Company for loans from Shareholders shall be paid in full.
Repayment of Shareholder Loans. By Closing the Selling Shareholders shall have repaid any amounts which are owed and outstanding by them to any Acquired Company, and no amounts shall be owed and outstanding with respect to loans made by any Acquired Company to the Selling Shareholder or any other employee.
