Common use of Shareholder Loans Clause in Contracts

Shareholder Loans. In the event that any shareholder of the Company has outstanding loans from the Company as of the Effective Time, the consideration payable to such shareholder pursuant to this SECTION 1.6 shall be reduced by the amount of the outstanding principal plus accrued interest of such shareholder's loans as of the Effective Time. Such loans shall be satisfied as to the amount by which the consideration is reduced pursuant to this SECTION 1.6(g).

Shareholder Loans. In the event that any shareholder of the Company Shareholder has outstanding loans from the Company or any of its Subsidiaries as of the Effective Time, the consideration payable to such shareholder Shareholder pursuant to this SECTION Section 1.6 shall be reduced by the an amount of equal to the outstanding principal plus accrued interest of such shareholder's Shareholder’s loans as of the Effective Time. Such loans shall be satisfied as to the amount by which the consideration is reduced pursuant to this SECTION 1.6(gSection 1.6(d).

Shareholder Loans. In the event that any shareholder of the Company Shareholder has outstanding loans from the Company as of the Effective Time, the consideration payable to such shareholder Shareholder pursuant to this SECTION Section 1.6 shall be reduced by the an amount of equal to the outstanding principal plus accrued interest of such shareholderShareholder's loans as of the Effective Time. Such loans For purposes of any such reduction, a share of Parent Common Stock shall be satisfied as to valued at the amount by which the consideration is reduced pursuant to this SECTION 1.6(g)Trading Price.

Shareholder Loans. In the event that any shareholder of the Company Shareholder has ----------------- outstanding loans from the Company as of the Effective Time, the consideration payable to such shareholder Shareholder pursuant to this SECTION Section 1.6 shall be reduced by the an ----------- amount of equal to the outstanding principal plus accrued interest of such shareholderShareholder's loans as of the Effective Time. Such Time and such loans shall will be satisfied as to the amount by which the consideration is reduced pursuant to this SECTION 1.6(g)cancelled.

Shareholder Loans. In the event that any shareholder of the Company has outstanding loans from the Company as of the Effective Time, the consideration payable to such shareholder pursuant to this SECTION 1.6 shall be reduced by the amount of the outstanding principal plus accrued interest of such shareholder's loans as of the Effective Time. Such loans shall be satisfied as to the amount by which the consideration is reduced pursuant to this SECTION 1.6(g1.6(H).

Shareholder Loans. In the event that any shareholder of the Company has outstanding there are loans from the ----------------- Company to ny Shareholder outstanding as of the Effective Time, the consideration payable to such shareholder Shareholder pursuant to this SECTION Section 1.6 shall be ----------- reduced by the an amount of equal to the outstanding principal plus accrued interest of such shareholderShareholder's loans as of the Effective Time. Such Time and such loans shall be satisfied as to the amount by which the consideration is reduced pursuant to this SECTION 1.6(g)canceled.

Shareholder Loans. In the event that any shareholder of the Company Shareholder has outstanding loans from the Company as of the Effective Time, the consideration payable to such shareholder Shareholder pursuant to this SECTION Section 1.6 shall be reduced by an amount equal to the amount sum of the outstanding principal plus accrued interest of such shareholder's Shareholder’s loans as of the Effective Time. Such loans shall be satisfied as to the amount by which the consideration is reduced pursuant to this SECTION 1.6(gSection 1.6(f). To the extent the consideration payable to such Shareholder is so reduced, such amount shall be treated for all purposes under this Agreement as having been paid to such Shareholder.

Shareholder Loans. In the event that any shareholder of the Company Shareholder has outstanding loans from the Company as of the Effective Time, the cash consideration payable to such shareholder Shareholder pursuant to this SECTION Section 1.6 shall be reduced by the an amount of equal to the outstanding principal plus accrued interest of such shareholder's Shareholder’s loans as of the Effective Time. Such loans shall be satisfied as to the amount by which the consideration is reduced pursuant to this SECTION 1.6(gSection 1.6(d).