Common use of Shareholder Loan Clause in Contracts

Shareholder Loan. The Seller undertakes to assign all rights and obligations under the Shareholder Loan to the Purchaser on the Completion Date and the Purchaser hereby undertakes to accept such assignment from the Seller. Such assignment shall be for the nominal value of the amount outstanding under the Rilland Shareholder Loan (including any interest and cost due or accrued on the Completion Date) (the “Shareholder Loan Nominal Value”) and be included in the Deed of Assignment and Transfer.

Shareholder Loan. The Seller undertakes to assign all rights and obligations under the Shareholder Loan to the Purchaser on the Completion Date and the Purchaser hereby undertakes to accept such assignment from the Seller. Such assignment shall be for the nominal value of the amount outstanding under the Rilland RTHA Shareholder Loan (including any interest and cost due or accrued on the Completion Date) (the “Shareholder Loan Nominal Value”) and be included in the Deed of Assignment and Transfer.