Examples of Existing Loans in a sentence
The Directors consider that the grant of the Loan and the Existing Loans is financial assistance provided by the Company within the meaning of the Listing Rules.
REASONS FOR ENTERING INTO THE LOAN AGREEMENT AND THE EXISTING LOAN AGREEMENTS Taking into account the principal business activities of the Group, the grant of the Loan and the Existing Loans to the Customers is in the ordinary and usual course of business of the Group.
As Customer C is (i) the ultimate beneficial owner of Customer A; and (ii) one of the guarantors of both Existing Loan B and Existing Loan D, the grant of the Loan and the Existing Loans requires aggregation under Rule 14.22 of the Listing Rules.
Given the applicable percentage ratios in respect of the Loan and the Existing Loans granted to the Six Customers and the Existing Customers under Rule 14.07 of the Listing Rules exceed 5% but are less than 25%, the grant of the Loan and the Existing Loans still constitutes a discloseable transaction for the Company under Chapter 14 of the Listing Rules.
As the applicable percentage ratios in respect of the Loan and the Existing Loans granted to the Customers under Rule 14.07 of the Listing Rules exceed 5% but are less than 25%, the grant of the Loan and the Existing Loans in aggregate still constitutes a discloseable transaction for the Company under Chapter 14 of the Listing Rules.