Loan share definition
Loan share means a share which has been pledged to the association by which issued as collateral security for the repayment of a loan to the owning member.
Loan share means with respect to each of Norwest, First American, ---------- Rothschild and First Chicago, twenty-five percent.
Loan share means those Subscription Shares which have not become Excess Shares in accordance with clause 7A.4.4;
Examples of Loan share in a sentence
Any Tranche B Term Loan Lender may notify the Administrative Agent and the Company of its election to decline its Tranche B Term Loan share of all such prepayments, in which event such notice shall be effective until such Lender notifies the Administrative Agent and the Company to the contrary.
Upon receipt of such notice, the Administrative Agent shall promptly notify each Applicable Lender of the contents thereof and of such Lender's Applicable Percentage of such prepayment and, in the case of any Tranche B Term Loan Lender, whether or not the Company has elected to permit each Tranche B Term Loan Lender to, at its option, decline its Tranche B Term Loan share of such prepayment.
More Definitions of Loan share
Loan share means a Share acquired by the exercise of an Option where the Exercise Price is funded with an Exercise Loan which has not been repaid in full in respect of that Share.
Loan share means a Share subscribed for under this Plan, or to be subscribed for by the Borrower on the exercise of an Option under this Plan where the Issue price or the Exercise Price is funded in whole or in part with a Loan;
Loan share means a Share acquired with a Loan which has not been repaid in full in respect of that Share.
Loan share means an amount equal to the product of (a) 5% and (b) a fraction, the numerator of which is 100 and the denominator of which is 95.