Sale Loans means the HK PropCo Sale Loan and the HK ServiceCo Sale Loan

Sale Loans means, collectively, the Take Billion Sale Loan and the Million Wealth Sale Loan

Sale Loans all shareholder’s loans outstanding and owing at the Completion Date by the Target Company to the Seller, such loans being interest free loans, which amounted to approximately US$925.8 million (equivalent to approximately HK$7,221.0 million) as at 30 June 2013

Examples of Sale Loans in a sentence

The assets to be disposed include (i) the Sale Shares, representing 100% of the issued share capital of the Disposal Companies held by the Company; and (ii) the Sale Loans in the aggregate amount of approximately HK$1.605 billion.
The Sale Loans were advanced by the Group to the Disposal Companies for the investment and administrative expenses relating to the infrastructure project.
The Company shall assign the Sale Loans to the Purchaser (or its nominee) upon Completion.
GAIN ON THE DISPOSAL It is estimated that there will be gain on Disposal of approximately HK$19 million in lieu of the consideration for the Disposal and with reference to the net liabilities of the Disposal Group of approximately HK$426.7 million and the Sale Loans of approximately HK$1.605 billion.
Pursuant to the Sale and Purchase Agreement, Xxxxxx agrees to sell and assign, and the Purchaser agrees to purchase and accept the Sale Shares and the benefit of the Sale Loans.

More Definitions of Sale Loans

Sale Loans the First Vendor Sale Loan and the Second Vendor Sale Loan

Sale Loans means, collectively, the Sav Hospitality Loan and the Flying Dragon Loan, and

Sale Loans the outstanding loans of HK$5,730,750,453.92, US$1,045,420,154.18 and THB46,695,829.29 owed by the Company to the Vendor;

Sale Loans means, collectively, the Value Idea Sale Loan and the Fuller Sky Sale Loan

Sale Loans means the entire amount of loans owing by the Company to the Loan Vendors as at Completion;

Sale Loans means the Castle Rock Sale Loan, the Suregold Sale Loan and the GCC Sale Loan