Vendor Loan Agreement definition

Vendor Loan Agreement means the vendor loan agreement dated on or about the date of this deed by which the Original Subordinated Lender agrees that part of the consideration payable under the Acquisition Documents in the amount of (pound)20,000,000 can remain outstanding as a loan by the Original Subordinated Lender to the Parent.
Sample 1
Vendor Loan Agreement the vendor loan agreement dated 19 January 2017 between the Original Seller (as Creditor) and the Company (as Borrower);
Sample 1
Vendor Loan Agreement means the €150,000,000 loan agreement in the agreed form dated on or before the Completion Date between the Vendor (as lender) and New Sub 1 (as borrower);
Sample 1

Examples of Vendor Loan Agreement in a sentence

  • In order to finance the Cash Consideration, GMSL incurred a loan of $7.5 million from a subsidiary of Fugro pursuant to a Vendor Loan Agreement, dated as of November 30, 2017, by and between Fugro Financial Resources B.V. and GMSL (the "Vendor Loan Agreement").

  • The Sellers USD Loan in the amount of US$342,945,329 (being the US dollar equivalent of RMB2,400,000,000 at the Agreed Exchange Rate and equivalent to approximately HK$2,658,032,067) was advanced by the Sellers to the Purchaser at Completion pursuant to the Vendor Loan Agreement for the purpose of funding partly the Purchaser’s payment of the Consideration.

  • The terms of the Vendor Loan Agreement, including the interest rate, were determined based on arm’s length negotiations between the Sellers and the Purchaser.

  • The highest of the applicable percentage ratios in respect of the Disposal (taking into account the Financing Arrangements) exceeds 5% but is less than 25% on the date of the Amendment Acquisition Agreement (which, for the purpose of the percentage ratios, is aggregated with the Amendment Vendor Loan Agreement, which was executed before the date of the Amendment Acquisition Agreement).

  • The Vendor Loan carries an interest rate of 3.75% p.a. from the date of the Vendor Loan Agreement until 6 months after the date of the Vendor Loan Agreement, 4.25% p.a. from the date falling 6 months after the 6 June 2019 to 6 June 2020 and 4.75% p.a. after the 6 June 2020.

  • Reference is hereby made to that certain Vendor Loan Agreement dated as of December 21, 2007 by and among the Company, 3Q Holdings Limited ("3Q"), Island Pacific (UK) Limited and Applied Retail Solutions, Inc.

  • A summary of the key terms and conditions of the Vendor Loan Agreement is set out in Schedule 2.

  • The ability for AQC #2 (a subsidiary of the Company and the parent entity of the Target Companies) to utilise the funding provided by the Vendor Loan Agreement towards meeting the costs of conducting a feasibility study into the potential for the open-cut development of the Dartbrook Mine will benefit AQC #2 (and therefore the Company and the Target Companies) as its presents immediate funding to progress this feasibility study on favourable terms.

  • Capitalized terms used in this Agreement which are not defined otherwise in this Agreement shall have the meaning attributed to them under the SPA or in the Vendor Loan Agreement, as the case may be.

  • If Resolution 1 is not passed, the Target Companies will not be able to accede to the Vendor Loan Agreement, and the Target Company GSD and the Target Company Mortgages will not be granted.

Related to Vendor Loan Agreement

  • Prior Loan Agreement is defined in Recital A.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Original Loan Documents means the “Loan Documents” as defined in the Original Credit Agreement.

  • Vendor Agreement means a contractual agreement for ancillary services or commodities which are not material for the provision of services under the head contract.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Agency loan agreement means any agreement pursuant to

  • Financing Agreement means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Existing Loan Documents means the “Loan Documents” as defined in the Existing Credit Agreement.

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.