Partner Loans definition

Partner Loans has the meaning given that term in Section 2.5 hereof.

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Partner Loans means loans made by the Borrower pursuant to Section 5.16(e) of this Agreement

Partner Loans means all outstanding intra-group loans (including the Promissory Notes) or other financing liabilities or obligations (including, for the avoidance of doubt, interest accrued thereon and any dividends or distributions declared or payable but not paid) owed by any member of the Group to any member of the Sellers' Group as at the Effective Time;

Examples of Partner Loans in a sentence

Otherwise, all General Partner Loans made pursuant to this Section 4.5 shall be on terms and conditions no less favorable to the Partnership than would be available to the Partnership from any third party.
If more than one Partner has participated in a Partner Loan, then as among the Partners, distributions in repayment of the principal and interest of the Partner Loans shall be made pro rata in accordance with the amounts advanced by the Partners.
Partner Loans shall be payable on demand and shall be evidenced by one or more promissory notes.
After payment of (i) current and past-due debt service on liabilities of the Company other than Partner Loans, and (ii) all operating expenses of the Company, the Company shall pay the current and past-due debt service on any outstanding Partner Loans before distributing any amount to any Partner pursuant to Article Four.
All Partner Loans shall be repaid pro rata, paying all past-due interest first, then all past-due principal, then all current interest, and then all current principal.

More Definitions of Partner Loans

Partner Loans has the meaning specified in Section 2.3(a).

Partner Loans means loans made by the partners of the Partnership to the Partnership pursuant to the terms of the Partnership Agreement.

Partner Loans means collectively the LP Loans and GP Loans. "Partnership" means Wichita RAD Senior L.P., a Kansas limited partnership.

Partner Loans means the loans described in Section 6.2(a)(i).

Partner Loans means any "Partner Loans" as referred to in the Junior Loan Agreement.

Partner Loans has the meaning set forth in Section 4.7.

Partner Loans means amounts loaned by Partners to the Partnership, pursuant to Section 3.3 below.