Examples of Sponsor Loans in a sentence
Sponsor Loans Prior to the completion of the Public Offering, the Sponsor loaned the Company an aggregate of $300,000 by the issuance of an unsecured promissory note (the “Note”) issued by the Company in favor of the Sponsor to cover organization expenses and expenses related to the Public Offering.
Farmer needs information to change their level of awareness, attitude and ultimately the practice, in order to improve the existing situation.
The Sponsor Loans shall have been paid in full and Company shall have received evidence of such payoff, reasonably satisfactory to the Company in its sole discretion.
No Insider or any affiliate of an Insider shall receive any fees of any type (other than repayment of the Sponsor Loans and reimbursement of ordinary and customary expenses incurred on behalf of the Company) in connection with any Business Combination.
Sponsor Loans The Sponsor agreed to loan the Company up to an aggregate of $300,000 by the issuance of an unsecured promissory note (the “Note”) to cover expenses related to the Public Offering.