LOANS FROM RELATED PARTIES Sample Clauses

LOANS FROM RELATED PARTIES. Neither the Company nor any of its Subsidiaries is indebted or under any obligation to any of its respective directors, officers or shareholders, on any account whatsoever, other than for (i) payment of salary, directors’ fees, bonus and other employment or consulting compensation, (ii) reimbursement for expenses duly incurred in connection with the business of the Company, and (iii) for other standard employee benefits made generally available to all employees.
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LOANS FROM RELATED PARTIES. Changes in the loans from related parties for the years ended December 31, 2019 and 2018 were summarized as follows: Related persons Company’s directors and relative Baht Consolidated financial statements As at December Transaction during the year As at December‌‌ 31, 2018 Increase Decrease 31, 2019 Short-term 589,853,818 64,000,000 (20,800,000) 633,053,818 Long-term 192,000,000 312,000,000 (328,000,000) 176,000,000 Total 781,853,818 376,000,000 (348,800,000) 809,053,818 Baht Consolidated financial statements As at December Transaction during the year As at December‌‌ 31, 2017 Increase Decrease 31, 2018 Related persons Company’s directors and relative Short-term 630,353,818 136,000,000 (176,500,000) 589,853,818 Long-term 184,000,000 320,000,000 (312,000,000) 192,000,000 Total 814,353,818 456,000,000 (488,500,000) 781,853,818 Related persons Company’s directors and relative Baht Separate financial statements As at December Transaction during the year As at December‌‌ 31, 2018 Increase Decrease 31, 2019 Long-term 192,000,000 312,000,000 (328,000,000) 176,000,000 Baht Separate financial statements As at December Transaction during the year As at December‌‌ 31, 2017 Increase Decrease 31, 2018 20.‌‌‌ Related persons Company’s directors and relative Long-term 184,000,000 320,000,000 (312,000,000) 192,000,000 Related persons As at December 31, 2019 and 2018, the Company had loans from related persons in term of promissory notes, by issuing the 11 and 10 promissory notes, respectively which is due within 2 years and interest payable on quarterly basis at the interest rate of 3.00% - 3.50% per annum and 3.00% - 3.75% per annum, respectively, under the condition that lenders are able to call for their loans before maturity and the Company can repay its loans before maturity As at December 31, 2019 and 2018, the subsidiaries had short-term loans from related parties in term of promissory notes for a period of repayment 3 months and interest at the rates of 3.50% - 4.50% per annum and rate of 3.25% - 4.50% per annum, respectively. Such loans have on any securities guaranteed.
Sample 1
LOANS FROM RELATED PARTIES. Changes in the loans from related parties for the years ended December 31, 2022 and 2021 were summarized as follows: Short-term Related companies Interest rate As at December Transaction during the year As at December per annum (%) 31, 2021 Increase Decrease 31, 2022 F& S 79 Co., Ltd. 3.75 - 385,000,000 (385,000,000) - Related persons Company’s directors and relatives 2.94 - 3.35 268,800,000 - (51,500,000) 217,300,000 Total short-term loan 268,800,000 385,000,000 (436,500,000) 217,300,000 Long-term Associated companies Bangpo General Hopital Co., Ltd. 2.00 - 100,000,000 (100,000,000) - Related companies Green Resources Public Co., Ltd. 1.75 20,000,000 - (20,000,000) - Related persons Company’s directors and relatives 1.75 - 2.25 135,000,000 410,000,000 (223,000,000) 322,000,000 Total long-term loan 155,000,000 510,000,000 (343,000,000) 322,000,000 Total 423,800,000 895,000,000 (779,500,000) 539,300,000 Short-term Related company Baht Consolidated financial statements Interest rate As at December Transaction during the year As at December per annum (%) 31, 2020 Increase Decrease 31, 2021 Deeco Supply Co., Ltd. 2.25 - 40,000,000 (40,000,000) - Related persons Company’s directors and relative 2.94 - 3.35 375,253,818 - (106,453,818) 268,800,000 Total short-term loan 375,253,818 40,000,000 (146,453,818) 268,800,000 Long-term Associated companies Deeco Supply Co., Ltd. 2.25 - 40,000,000 (40,000,000) - Green Resources Public Co., Ltd. 1.75 20,000,000 20,000,000 (20,000,000) 20,000,000 ated persons Company’s directors and relatives 1.75 - 2.25 194,000,000 126,000,000 (185,000,000) 135,000,000 Total long-term loan 284,000,000 186,000,000 (315,000,000) 155,000,000 Total 659,253,818 226,000,000 (461,453,818) 423,800,000 Bangpo General Hopital Co., Ltd. 2.00 70,000,000 - (70,000,000) - Related companies Rel Baht Interest rate As at December Transaction during the year Decrease from As at December per annum (%) 31, 2021 Increase Decrease disposal of 31, 2022 Short-term Subsidiary companies subsidiaries Princeton Park Suites Co., Ltd 2.25 - 76,927,420 (51,000,000) (25,927,420) - Total short-term loan - 76,927,420 (51,000,000) (25,927,420) - Long-term Subsidiary companies V precision Co., Ltd. 2.25 - 25,000,000 - - 25,000,000 Associated companies Bangpo General Hopital Co., Ltd. 2.00 - 100,000,000 (100,000,000) - - Related companies Green Resources Public Co., Ltd. 1.75 20,000,000 - (20,000,000) - - Related persons Company’s directors and relatives 1.75 - 2.25 135,000,00...
Sample 1
LOANS FROM RELATED PARTIES. Changes in the loans from related parties for the six-month period ended June 30, 2019 was summarized as follows: Baht Consolidated financial statements As at December Transaction during the period ‌ As at June 31, 2018 Increase Decrease 30, 2019 Related persons Company’s directors Short-term 589,853,818 17,000,000 (13,000,000) 593,853,818 Long-term 192,000,000 132,000,000 (120,000,000) 204,000,000 Total 781,853,818 149,000,000 (133,000,000) 797,853,818 Related persons Company’s directors Baht Separate financial statements As at December Transaction during the period As at June‌‌ 31, 2018 Increase Decrease 30, 2019 Long-term 192,000,000 132,000,000 (120,000,000) 204,000,000 Related persons‌ As at June 30, 2019 and December 31, 2018, the Company had loans from related persons in term of promissory notes, by issuing the 13 promissory notes and 10 promissory notes, respectively, which is due within 2 years and interest payable on quarterly basis at the interest rate of 3.00% - 3.50% per annum, under the condition that lenders are able to call for their loans before maturity and the Company can repay its loans before maturity As at June 30, 2019 and December 31, 2018, the subsidiaries had loans from related parties in term of promissory notes for a period of repayment 3 months and interest rates at the rates of 3.25% - 4.50% per annum. Such loan has on any securities guaranteed.
Sample 1
LOANS FROM RELATED PARTIES. Changes in the loans from related parties for the three-month period ended March 31, 2023 was summarized as follows : Baht Consolidated financial statements Interest rate As at December Transaction during the period As at March per annum (%) 31, 2022 Increase Decrease 31, 2023 Short-term Related companies F & S 79 Co., Ltd. 3.15 - 3.75 - 250,000,000 (250,000,000) - Related persons Company’s directors and relatives 2.94 - 3.35 217,300,000 - - 217,300,000 Total short-term loan 217,300,000 250,000,000 (250,000,000) 217,300,000 Long-term Related persons Company’s directors and relatives 1.75 - 2.25 322,000,000 42,000,000 (31,000,000) 333,000,000 Total long-term loan 322,000,000 42,000,000 (31,000,000) 333,000,000 Total 539,300,000 292,000,000 (281,000,000) 550,300,000 Baht Separate financial statements Interest rate As at December Transaction during the period As at March per annum (%) 31, 2022 Increase Decrease 31, 2023 Long-term Subsidiary companies V precision Co., Ltd. 2.25 25,000,000 - - 25,000,000 Related persons Company’s directors and relatives 1.75 - 2.25 322,000,000 42,000,000 (31,000,000) 333,000,000 Total long-term loan 347,000,000 42,000,000 (31,000,000) 358,000,000 Total 347,000,000 42,000,000 (31,000,000) 358,000,000 Short-term Related persons The subsidiaries had short-term loans from related parties in term of promissory notes for a period of 3 months. Such loans have no securities guaranteed. Long-term Related companies and persons The Company had loans from related persons in term of promissory notes which is dued within 2 years and interest payable on quarterly basis. The interest rate bears at 2.25% per annum and 1.75% per annum when redemption before interest payment for the period of 2 year and due on June 30, 2023. The condition is that the lenders is able to redeem the loans before due and the borrower can repay the loans before its due date.
Sample 1
LOANS FROM RELATED PARTIES. 6.10 There is no loan to a Group Company from, or amount owing by a Group Company to:
Sample 1
LOANS FROM RELATED PARTIES. Borrower shall not make any payments respecting any debt or obligation of the Borrower to any officers of the Borrower or related parties to the Borrower without the prior written approval of the Lender, which shall not be unreasonably withheld. All inside creditors, lenders (excluding Corestates Bank) and investors of and to the Borrower shall enter into a Subordination Agreement, in form satisfactory to Lender, pursuant to which all loans and investments of such parties are subordinated to the interests of the Lender hereunder and under the EST Loan Documents.
Sample 1
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LOANS FROM RELATED PARTIES. Borrower shall not make any payments respecting any debt or obligation of the Borrower to any Shareholders or their immediate family or to any officers of the Borrower or related parties to the Borrower.
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Related to LOANS FROM RELATED PARTIES

  • Loans from Affiliates If any loans are made to the Company by an Affiliate of the Advisor, the maximum amount of interest that may be charged by such Affiliate shall be the lesser of (i) 1% above the prime rate of interest charged from time to time by The Bank of New York and (ii) the rate that would be charged to the Company by unrelated lending institutions on comparable loans for the same purpose. The terms of any such loans shall be no less favorable than the terms available between non-Affiliated Persons for similar commercial loans.

  • Loans From Members Loans by Members to the Company shall not be considered Capital Contributions. Subject to the provisions of Section 3.01(c), the amount of any such advances shall be a debt of the Company to such Member and shall be payable or collectible in accordance with the terms and conditions upon which such advances are made.

  • Loans from Partners Loans by a Partner to the Partnership shall not constitute Capital Contributions. If any Partner shall advance funds to the Partnership in excess of the amounts required hereunder to be contributed by it to the capital of the Partnership, the making of such excess advances shall not result in any increase in the amount of the Capital Account of such Partner. The amount of any such excess advances shall be a debt obligation of the Partnership to such Partner and shall be payable or collectible only out of the Partnership assets in accordance with the terms and conditions upon which such advances are made.

  • Sub-Agents and Related Parties The Administrative Agent may perform any and all its duties and exercise its rights and powers by or through one or more sub-agents appointed by it. The Administrative Agent and any such sub-agent may perform any and all its duties and exercise its rights and powers through their respective Related Parties. The exculpatory provisions of the preceding Sections of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent.

  • No Debt to Related Parties The Company is not, and on Closing will not be, materially indebted to any of the Vendors nor to any family member of any of the Vendors, nor to any affiliate, director or officer of the Company or the Vendors except as set forth in Schedule "F" hereto;

  • Transactions with Related Parties Enter into or be a party to any transaction or arrangement, including, without limitation, the purchase, sale lease or exchange of property or the rendering of any service, with any Related Party, except in the ordinary course of and pursuant to the reasonable requirements of the Borrower's or the applicable Subsidiary's business and upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would obtain in a comparable arm's-length transaction with a Person not a Related Party.

  • Exceptions from Liability Without limiting the generality of any other provisions hereof, neither the Custodian nor any Domestic Subcustodian shall be under any duty or obligation to inquire into, nor be liable for:

  • Transactions with Related Persons Directly or indirectly enter into any transaction with or for the benefit of a Related Person on terms more favorable to the Related Person than would have been obtainable in an “arms’ length” dealing.

  • PAYMENT OF INDEBTEDNESS BY RELATED PERSONS Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.

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