Loans Payable definition

Loans Payable to the Other Partners" shall include any loans payable at closing to the Other Partners and also that certain note payable by Boyk▇▇ ▇▇▇umbus Joint Venture to Boyk▇▇ ▇▇▇agement Company, the principal and interest of which at December 31, 1995 totaled approximately $2,866,687, which sum shall increase until closing at the annual rate of ten percent (10%).
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Loans Payable. Company is obligated for loans payable in the approximate amount of Eight Million And No/100 Dollars ($8,000,000).
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Loans Payable. The Miners Entities are obligated for loans payable in the approximate amount of NINE MILLION FIVE HUNDRED THOUSAND DOLLARS ($9,500,000), including chattel mortgages with respect to certain pieces of its equipment in the approximate amount of EIGHT MILLION DOLLARS ($8,000,000), as is reflected on the Financial Statements, as adjusted for increases in debt resulting from a waste hauling contract between the Waste Company and Waste Management, Inc. (WMI) to provide hauling services to WMI be performed in and around the State of Maryland.
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Examples of Loans Payable in a sentence

  • Retention Control Account 7,830 7,830 ------------ ------------ ------------ TOTAL 4,078,766 (2,623,924) 1,454,842 ------------ ------------ ------------ Loans Payable - EIB 408,000 - 408,000 Less Indemnity from Newmont (408,000) (408,000) Offset by Newmont indemnity Loans Payable - Other 11,268,832 (11,268,832) - Senior debt paid out.

  • Note 7 Subsequent Events On January 11, 1996, Mark Lebens, persona▇▇▇ ▇▇▇ ▇▇ Chief Executive Officer of Technology Exchange, Inc., a California corporation, executed a release and indemnification agreement against all debts incurred by the Company [reported as Loans Payable to Shareholders in the financial statements] to Lebens and Technology Exchange, Inc.

  • The Assumed Liabilities shall mean the three (3) Mortgages Payable, two (2) Loans Payable, and one (1) Note Payable, all as described in Exhibit 1.2 hereto and all accrued interest thereon through and including the date of Closing.

  • Temporary Loans Payable on Demand.....................................

  • By: Name: Title: ▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇ D/EPM/762545.9 Line of Credit 22,489.29 Operating Expenses Design & Accounts Payable 130,843.62 Development 62,902.65 Loans Payable 71,402.16 G&A 152,731.96 Total Liabilities 224,735.07 Total Opeating 215,634.61 D/EPM/762545.9 Accounting Services Inc.