Company Loans has the meaning set forth in Section 5.01(v)(i).
Company Loans has the meaning set forth in Section 4.4.4.
Company Loans means and include loans by the Company to you to purchase stock of the Company from the Company. Concurrently with the execution of this letter, Lifemark has granted you ten year stock options to purchase 100,000 shares of Lifemark common stock. Lifemark has also agreed to permit you to exercise your 100,000 options at the time of their vesting accepting as payment your secured nine-year promissory note in the full amount of your exercise price. 60,000 of the options granted to you vest immediately and 40,000 granted under the newly approved Executive Stock Option and Ownership Plan will vest immediately upon approval of the Plan by the Company's stockholders. You have agreed to exercise the options immediately upon vesting. The loans provided for in the preceding paragraph will become due and payable (including accrued interest) 60: (i) 180 days following termination of employment except that they will become immediately due and payable if you breach your employment agreement by the Company without cause or because of disability; (ii) 60 days following termination of employment by you; and (iii) immediately if you breach the Standard Key Employee Non-Disclosure Agreement or if you are terminated for just cause (as defined below) at any time. Except as may be otherwise explicitly provided in another written agreement between you and Lifemark, your employment shall be subject to termination by either you or Lifemark at any time without notice, subject to the severance rules of Lifemark as they exist at the time of termination. Notwithstanding the foregoing, in the event of a Change in Control (as defined below) of Lifemark, Lifemark agrees that if within two years following the date of the change in control either (a) your employment is terminated by Lifemark without "just cause" (as defined below), or (b) without your consent Lifemark materially changes your duties or responsibilities or the location of your principal place of work and as a result of such change or changes you voluntarily terminate your employment, then, in either such event, (i) all of your outstanding options will vest and become exercisable on the date of termination of your employment, and (ii) you will be subject to Change of Control Severance as provided below.
Examples of Company Loans in a sentence
As the total sum of the consideration for the Sale Shares and the Company Loans to be received by the Group exceeds 75% of one or more of the applicable percentage ratios (as defined in the Listing Rules), the Disposal constitutes a very substantial disposal of the Company under Chapter 14 of the Listing Rules and will be subject to the reporting, announcement and circular requirements and the Shareholders’ approval.
The total sum of the consideration for the Sale Shares and the Company Loans is approximately HK$3,178,000,000.
In the event that the Company shall require funds to carry on the business of the Company and prior to invoking the provisions of Section 3.4 herein, any Member shall have the right, but not be required, to loan money upon terms and conditions acceptable to such Member and the Company ("Loans").
More Definitions of Company Loans
Company Loans has the meaning given to that term in Section 4.20(a) of this Agreement.
Company Loans means any loans or advances made by any Member to the Company as contemplated in Section 3.6.2.
Company Loans the collective reference to the Revolving Credit Loans, the Tranche A Term Loans, the Additional Tranche A Term Loans and the Tranche C Term Loans.
Company Loans. Company Loans" shall mean the indebtedness of the Company to the Sellers as set forth in Exhibit E attached hereto.
Company Loans. As defined in Section 6.19.
Company Loans means Originated Company Loans and Purchased Company Loans.
Company Loans means the loans owned by the Acquired Companies as of the Closing Date. “Company-Owned Equity Interests ” means the Equity Interests identified on Section 4.10(a) of the Seller Disclosure Schedule as owned by the Acquired Companies. “Confidentiality Agreement ” means that certain Confidentiality Agreement, dated as of June 3, 2020, by and between Medley and Xxxxx Capital LLC. “Consent ” means any consent of the Borrower, the administrative agent, the issuer, any co-investor or other Person required to sell, assign, transfer, convey or deliver the Membership Interests. “Contemplated Transactions ” means the transactions contemplated by this Agreement. “Contract ” means any contract, lease, sublease, license, permit, purchase and sale order, instrument, note and any other agreement, commitment or binding arrangement or understanding, whether written or oral. “DB Credit Facility ” means the credit facility provided to the Acquired Companies under the DB Loan Documents. “DB Loan Documents ” means, collectively, that certain Loan and Servicing Agreement, dated as of August 4, 2015, by and among MCC SPV, as Borrower, the Company, as Servicer and as Originator, each Lender from time to time party thereto, each Lender Agent from time to time party thereto, U.S. Bank National Association, as the Collateral Agent, Account Bank and Collateral Custodian, and Credit Suisse AG, Cayman Islands Branch, as the Administrative Agent, and each document, instrument or agreement entered into in connection with the foregoing, in each case, as amended, amended and restated, supplemented or otherwise modified from time to time. “Enforceability Exception ” has the meaning set forth in Section 3.2(a). “Equity Governing Documents ” means, with respect to a Company-Owned Equity Interest, the Organizational Document, option or warrant agreement, registration rights agreement, buy-sell arrangement and any other document that governs or otherwise affects the terms of any Company-Owned Equity Interest. 31