Common use of Stockholder Loans Clause in Contracts

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

Stockholder Loans. In the event that any Company Stockholder has outstanding loans from the Company as of the Effective Time, the consideration payable to such Stockholder stockholder pursuant to this Section 1.6 1.7 shall be reduced by an amount a number of shares of Parent Common Stock equal to the sum quotient of (x) the outstanding principal plus accrued interest of such Company Stockholder’s 's loans as of the Effective Time. Such loans shall be satisfied only as to , divided by (y) the amount by which the consideration is reduced pursuant to this Section 1.6(f). To the extent the consideration payable to such Stockholder is so reduced, such amount shall be treated for all purposes under this Agreement as having been paid to such StockholderFinal Trading Price.

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

Stockholder Loans. In the event that any Stockholder has outstanding loans from the Company or any of its Subsidiaries as of the Effective Time, the any consideration payable to such Stockholder pursuant to this Section 1.6 1.7 shall be reduced by an amount equal to the sum of the outstanding principal plus accrued interest of such Stockholder’s loans as of the Effective Time. Such loans shall be satisfied only as to the amount by which the consideration is reduced pursuant to this Section 1.6(f1.7(e). To the extent the consideration payable to such Stockholder is so reduced, such amount shall be treated for all purposes under this Agreement as having been paid to such Stockholder.

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

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