Examples of Loan Transfer Agreement in a sentence
Pursuant to the Jiangmen Equity and Loan Transfer Agreement, the accrued interest on the Outstanding Shareholder’s Loan up to the Sale Loan Transfer Date shall be paid by Jiangmen Yuehai to Yuegang Investment on the Sale Loan Transfer Date.
The Vendor or the Loan Transferor, as the case may be, will use reasonable endeavours to procure delivery or transfer of the Initial Charged Assets (whether or not such Initial Charged Assets are subject to default (howsoever described)) to the relevant Issuer in accordance with normal market practice pursuant to the Sale Agreement or the Loan Transfer Agreement, as the case may be.
The total payment under the Jiangmen Equity and Loan Transfer Agreement is RMB954,179,553 (equivalent to approximately HK$1,099,539,000).
As for the Loan Transfer Agreement, due to the deferred payment term, such agreement will be completed after the full payments of the consideration.
The Seller has based such selection on the relevant representations and warranties that the Seller will make in the Loan Transfer Agreement in relation to the Promissory Notes comprising the Initial Portfolio.