Related Party Loans means Loans, made to Canadian Borrowers in which: (i) one or more of the Principal Parties holds one or more of the following positions within a Canadian Borrower: officer, director, consultant and/or; (ii) one or more of the Principal Parties holds an equity or ownership interest in a Canadian Borrower;
Related Party Loans has the meaning given in Schedule 4;
Related Party Loans that certain loan to Servico Concord, Inc. of even date herewith in the original aggregate principal amount of $8,449,183 and secured by the Sheraton Hotel Concord and that certain loan to Penmoco, Inc. and Island Motel Enterprises, Inc. of even date herewith in the original aggregate principal amount of $4,199,869 and secured by the Holiday Inn Jekyll Island.
Examples of Related Party Loans in a sentence
Related Party Loans and Warehousing of AssetsIf we have sufficient funds to acquire only a portion of a real estate investment then, in order to cover the shortfall, we will obtain a related party loan from, or issue a participation interest to, Fundrise Lending or its affiliates.
See “Plan of Operation – Related Party Loans and Warehousing of Assets”.
See “Plan of Operation – Related Party Loans and Warehousing of Assets.”** Pursuant to our operating agreement, the Manager will receive an asset management fee, servicing/property management and special servicing fee.
See section entitled “Plan of Operation – Related Party Loans and Warehousing of Assets – Promissory Grid Note” for a fuller description of the promissory grid note.
See “Plan of Operation – Related Party Loans and Warehousing of Assets.”** Pursuant to our operating agreement, the Manager will receive an asset management fee, servicing/property management and reimbursement for special servicing expenses.
More Definitions of Related Party Loans
Related Party Loans all loans owed by or to a Group Company to or by any member of the Seller's Group or to or by any other Group Company (as the case may be) and any other loans or similar arrangements including amounts included in the corporate control account between any Group Company, any Seller Group Company and/or the Promoters, including any interest accrued thereon;
Related Party Loans means the non-interest bearing substantiated demand loan owing by ACZ to ACZ Related Parties.
Related Party Loans that (i) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $35,073,117 and secured by the Holiday Inn - Inner Harbor, (ii) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $15,740,722 and secured by the Holiday Inn International Airport, (iii) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $3,322,817 and secured by the Holiday Inn Xxxx Burnie North, (iv) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $5,214,292 and secured by the Holiday Inn Visitors Center/Lancaster East, and (v) certain loan to Servico Concord, Inc. of even date herewith in the original aggregate principal amount of $8,449,183 and secured by the Sheraton Hotel Concord.
Related Party Loans that certain loan to Servico Concord, Inc. of even date herewith in the original aggregate principal amount of $8,449,183 and secured by the Sheraton Hotel Concord and that certain loan to Penmoco, Inc. and Island Motel Enterprises, Inc. of even date herewith in the original aggregate principal amount of $4,199,869 and secured by the Holiday Inn Jekyll Island. "Related Party Properties" -- the Sheraton Hotel Concord in Concord, California and the Holiday Inn Jekyll Island in Jekyll Island, Georgia. "Renovation Budget" -- the budget for the Renovation Work to be prepared by the Borrower and delivered to Lender for its review and approval prior to the Closing. "Renovation Completion" -- the completion of the Renovation Work in accordance with the requirements of Article 6A. "Renovation Completion Date" -- May 29, 1999, the date on which all of the Renovation Work is required to be completed in accordance with Article 6A hereof. "Renovation Plans" -- the plans and specifications for the Renovation Work to be prepared by the Borrower and delivered to the Lender for its review and approval prior to the Closing. "Renovation Work" -- the work and projects described in Exhibit E.
Related Party Loans mean the outstanding loans due and payable as of the Cut-Off to the Company by (a) the Shareholders as the same are offset against an amount payable by the Company to the Shareholders in the amount of $194,000 as of December 31, 2004 plus any accrued and unpaid interest since that date, (b) Team Staffing International, LLC, and (c) Trans Continental Consulting, LLC. Exhibit 10.30
Related Party Loans all loans owed by or to a Group Company to or by any member of the Seller's Group or to or by any other Group Company (as the case may be) and any other loans or similar arrangements including amounts included in the corporate control account between any Group Company, any Seller Group Company and/or the Promoters, including any interest accrued thereon and any costs and expenses (including Taxes) related thereto; *** Denotes confidential information that has been omitted from this exhibit and filed separately with the Securities and Exchange Commission. "Relevant Time" 11.59pm Indian Standard Time on the Business Day before the Completion Date;