Examples of Loan Assignment Agreement in a sentence
Pursuant to the Loan Assignment Agreement, (i) the Assignor Guarantor has agreed to guarantee the Assignor’s obligations and undertakings under the Loan Assignment Agreement and (ii) each of the Assignee Guarantors has agreed to guarantee the Assignee’s obligations and undertakings under the Loan Assignment Agreement on a several basis.
Both of the New Share Mortgage Agreement and Loan Assignment Agreement have been entered into as the security to secure a loan of HK$11,000,000 granted by the Lender to the Company.
Pursuant to Rule 14.22 of the Listing Rules, as the Sale and Purchase Agreement and the Loan Assignment Agreement were entered into by the parties within a 12 month period and the Sale and Purchase Agreement and the Loan Assignment Agreement were both entered into by indirect subsidiaries of the Company with Bayline Global Limited (as purchaser and assignee) relating to Target, the Share Disposal and the Loan Assignment would be aggregated as a series of transactions.
Upon termination of the Loan Assignment Agreement, the Loan Deposit together with any accrued interest thereon shall be released to the Assignee.
The Loan Assignment Agreement may be terminated by agreement of the parties.