Related Party Loans means Loans, made to Borrowers in which: (i) one or more of the Principal Parties holds one or more of the following positions within a Borrower: officer, director, consultant and/or; (ii) one or more of the Principal Parties holds an equity or ownership interest in a Borrower;
Related Party Loans has the meaning given in Schedule 4;
Related Party Loans all loans owed by or to a Group Company to or by any member of the Seller's Group or to or by any other Group Company (as the case may be) and any other loans or similar arrangements including amounts included in the corporate control account between any Group Company, any Seller Group Company and/or the Promoters, including any interest accrued thereon;
Examples of Related Party Loans in a sentence
Related Party Loans and Warehousing of AssetsIf we have sufficient funds to acquire only a portion of a real estate investment then, in order to cover the shortfall, we will obtain a related party loan from, or issue a participation interest to, Fundrise Lending or its affiliates.
See “Plan of Operation – Related Party Loans and Warehousing of Assets”.
See “Plan of Operation – Related Party Loans and Warehousing of Assets.”** Pursuant to our operating agreement, the Manager will receive an asset management fee, servicing/property management and special servicing fee.
They have also provided Related Party Loans to Quantum which are required to be repaid as a condition precedent to the Scheme.
It shall be well separated from potential fire hazards, and sheltered if possible.
More Definitions of Related Party Loans
Related Party Loans that certain loan to Servico Concord, Inc. of even date herewith in the original aggregate principal amount of $8,449,183 and secured by the Sheraton Hotel Concord and that certain loan to Penmoco, Inc. and Island Motel Enterprises, Inc. of even date herewith in the original aggregate principal amount of $4,199,869 and secured by the Holiday Inn Jekyll Island.
Related Party Loans means the non-interest bearing substantiated demand loan owing by ACZ to ACZ Related Parties.
Related Party Loans means all loans to or from a Group Company on the one hand and from or to any Related Entity of a Group Company (other than another member of the Group) on the other hand, including any interest accrued on those loans;
Related Party Loans that (i) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $35,073,117 and secured by the Holiday Inn - Inner Harbor, (ii) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $15,740,722 and secured by the Holiday Inn International Airport, (iii) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $3,322,817 and secured by the Holiday Inn Xxxx Burnie North, (iv) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $5,214,292 and secured by the Holiday Inn Visitors Center/Lancaster East, and (v) certain loan to Servico Concord, Inc. of even date herewith in the original aggregate principal amount of $8,449,183 and secured by the Sheraton Hotel Concord.
Related Party Loans means the loans made to the Company by the Seller, Lighthouse Settlement (the shareholder of the Seller), Yxxxx Xxxxx, and Mxxxxxx Xxxxx, in the amounts of $673,124, $6,631,951, $2,942,233 and $4,926,915, respectively; provided, however, that solely for general working capital purposes, following the date hereof but prior to the Closing Date, the Company shall be permitted, upon prior written notice to Buyer detailing the need for such additional loans, to incur additional loans from the Seller, the shareholder of the Seller or any Subsidiary of the shareholder of the Seller (other than the Acquired Companies), Lighthouse Settlement, Yxxxx Xxxxx, and Mxxxxxx Xxxxx in an amount not to exceed $20,000,000.
Related Party Loans all loans owed by or to a Group Company to or by any member of the Seller's Group or to or by any other Group Company (as the case may be) and any other loans or similar arrangements including amounts included in the corporate control account between any Group Company, any Seller Group Company and/or the Promoters, including any interest accrued thereon and any costs and expenses (including Taxes) related thereto; *** Denotes confidential information that has been omitted from this exhibit and filed separately with the Securities and Exchange Commission. "Relevant Time" 11.59pm Indian Standard Time on the Business Day before the Completion Date;
Related Party Loans means all outstanding amounts payable to, or receivable by Sellers from any present or former stockholder or holder of equity Securities, or any of the officers, directors or employees, of Sellers or any of their Subsidiaries, or any of their respective Affiliates, including the loans set forth in Section 3.22 of the Disclosure Schedule.