Shareholders Loans definition

Shareholders Loans means the loans to the Company by the respective Shareholders in such proportions as shall be agreed in accordance to this Agreement; In this Agreement, unless the context otherwise requires, any reference to: the singular includes the plural and vice versa; a person includes reference to a body corporate or other legal entity; any written law includes that law as amended or re-enacted from time to time; any agreement or other document includes that agreement or other document as varied or replaced from time to time; a clause is to the relevant clause of this Agreement; any party includes that party’s personal representatives and/ or successors and assigns. The Schedules hereto shall form part of this Agreement. Clause headings are inserted for convenience only and shall be ignored in construing this Agreement.

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Shareholders Loans means the shareholder’s loan in the sum of HK$26,017,413.91 advanced by the Vendor to RBL and the shareholder’s loan of HK$193,442.56 advanced by the Vendor to RBIPL as stated in the Management Accounts;

Shareholders Loans means loan(s) made or to be made to the Company by the Shareholders (or where the context so requires, by a particular Shareholder) or, where the context so requires, the outstanding amount thereof.

Examples of Shareholders Loans in a sentence

• By way of security for all sums of money owing from time to time by the Obligors to any of the Finance Parties under the Finance Documents, the Assignor hereby assigns and pledges and agrees to assign and pledge to the Assignee absolutely all its right, title and interest to all claims for moneys due or to become due in connection with any Shareholder’s Loans.

• Parties agree to prepare and execute all documents and deliver all information required to effectuate such transfer of such Shareholder’s Loans.

• The Shareholder’s Loans shall be used by the Target Company to repay the portion of the shareholder’s loan provided by Chongfeng Real Estate in acquiring the Land Parcels.

• The Assignor warrants that it has not assigned, mortgaged, charged, pledged or otherwise disposed of all or any of Shareholder’s Loans to anyone other than the Assignee and the Assignor covenants that it will not hereafter assign, mortgage, charge, pledge or otherwise dispose of the same to anyone other than the Assignee.

• The Rainbow Aggregate Consideration for the Rainbow Sale Share and the Rainbow Shareholder’s Loans shall be: (i) the lower of HK$6,000,000 or the Rainbow Valuation Amount; and (ii) the Rainbow Adjustment Amount provided that the maximum amount of the Rainbow Adjustment Amount shall not exceed HK$3,000,000.

More Definitions of Shareholders Loans

Shareholders Loans means the shareholders loans owed by the Disposal Group

Shareholders Loans means the loans between the Borrower and/or its Affiliates as lender, and any of the Group Companies, as borrower, in an aggregate principal amount not to exceed E 115.2 million;

Shareholders Loans. Loans of any nature whatsoever lent by anyone who is a Stakeholder in the Company, excluding loans from financial institutions whose business it is to provide loans in the normal course of business, and excluding loans in the amount of $5,000,000 from the DS Apex Holdings Group, and an additional lender that joins the agreement that will be signed with DS Apex with regard to this loan.

Shareholders Loans means the interest free indebtedness of the Company to the Seller in the aggregate sum of US$2,930,000;

Shareholders Loans means the Sundog Shareholder Loan and the 517244 Shareholder Loan;

Shareholders Loans means any and all amounts advanced by the

Shareholders Loans means the outstanding loans owed by certain PRC Project