BGL Group Loan definition
BGL Group Loan means the total sum including all accrued interest thereon and any related costs owed by the Company to the Seller and/or any member of the Seller’s Group in an amount of £5,487,034.40 (five million four hundred and eighty seven thousand and thirty four pounds and forty ▇▇▇▇▇);
Examples of BGL Group Loan in a sentence
Save in respect of the BGL Group Loan, any agreement or arrangement between any member of the BGL Group and the Company entered into prior to the date of this Agreement (i) was entered into on an arm’s length basis, (ii) has now expired or otherwise terminated, and (iii) neither the Seller nor any other member of the BGL Group has, nor, so far as the Seller is aware, does the Company have, any outstanding accrued right or liability in connection with any such agreement or arrangement.