Director Loan definition

Director Loan means the unsecured subordinated loans to the Company from Xxxxxx Xxxxx (other than the Series 1 Convertible Promissory Notes) represented by Promissory Notes of the Company in the aggregate principal amount of $490,000.00.
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Director Loan means the loan owing by the Company to the Director as at the Completion Date including for avoidance of doubt any loan to be advance by the Director to the Company on or before Completion;
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Director Loan means those amounts owed by the Company to Pong Sik Tuen as referred to in Disclosure Schedule 3.1(c).
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Examples of Director Loan in a sentence

  • With the prior approval of the Secretary, Under Secretary for Benefits, or Director, Loan Guaranty Service, liens retained by nongovern- mental entities to secure assessments or charges for municipal type services and facilities clearly within the public purpose doctrine may be disregarded.

  • The Board of Directors of the Company or the Bank or the Bank’s Director Loan Committee, as appropriate, will specifically consider any proposed loan or other transaction into which the Corporation is asked to enter, which presents a potential conflict of interest.

  • Xxx Xxxxxxxx Xxxxx, 00xx Xxxxx Xxxxxxxx, Xxxx 00000 Attention: Director, Loan Servicing and Asset Management Telecopy: (000) 000-0000 with a copy to: Arent Fox LLP 0000 Xxxxxxxx Xxx Xxxx, XX 00000 Attention: Xxxxx X.

  • Xxx Xxxxxxxx Xxxxx, 00xx Xxxxx Xxxxxxxx, Xxxx 00000 Attention: Director, Loan Servicing and Asset Management Telecopy: (000) 000-0000 with a copy to: Arent Fox LLP 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxx X.

  • The minimum tract area for the overall development shall be ten (10) acres under the initial ownership or control of a single entity.

  • Signatory authority for MOUs is delegated to the Director, Loan Guaranty Service.

  • Members appointed to the Audit Committee should not serve on the Director Loan Committee and must be free from any relationship that, in the opinion of the Board, would interfere with the exercise of independent judgment as a Committee member.

  • Xxxxxx Title: Associate Director Loan Portfolio Support, US By: /s/ Thomxx X.

  • Xxxxxxx Title: Managing Director Loan Agreement SUMITOMO BANK AND LEASING AND FINANCE, INC., as Lender By:_________________________________ Name: Xxxxxxx X.

  • Mr Ross Ashton and Mr Kevin Wilson have each entered into separate unsecured loan agreements on the terms below to meet cashflows and to support the operating activities of the Company (Director Loan Agreements).

Related to Director Loan

  • Director Award means the grant of any Award (other than an Incentive Stock Option), whether granted singly, in combination, or in tandem, to a Participant who is a Director pursuant to such applicable terms, conditions, and limitations established by the Board.

  • Director Option means an Option granted pursuant to Section 6.

  • Nonemployee Director means a Director who is not an Employee.

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • Non-Exempt Director Award means a Non-Exempt Award granted to a Participant who was a Director but not an Employee on the applicable grant date.

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

  • Directors Fees means the annual fees paid by any Employer, including retainer fees and meetings fees, as compensation for serving on the board of directors.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Employee Director means a member of the Board of Directors of the Company that is also an Employee of the Company.

  • Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).

  • Qualified Director means a person who, at the time action is to be taken under:

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Director Fees means the total compensation (including annual retainer and meeting fees, if any) paid by the Corporation to a Director in a calendar year for service on the Board;

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Management Director means a Person selected in accordance with Article IV of this Agreement who shall have the powers and duties to manage the business and affairs of the Company and exercise its powers to the extent set forth in this Agreement, the Certificate and the Act. Each Management Director shall be a “manager” of the Company within the meaning of the Act.

  • Retainer means the annual cash retainer and the additional cash retainer for committee chairs payable to a Director as established from time to time by the Board of Directors; provided, however, that the term “Retainer” shall not include that portion of the annual cash retainer as to which a right exists to make an election under, or for which a prior election is in effect under, the Terms and Conditions Regarding the Grant of Options in Lieu of Cash Directors Fees to Non-Employee Directors Under 2011 Equity Incentive Plan of Manpower Inc. (the “Option Terms”) or the Procedures Governing the Grant of Options to Non-Employee Directors Under the 1994 Executive Stock Option and Restricted Stock Plan of Manpower Inc. (the “Option Procedures”).

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and

  • Registered in the System for Award Management (SAM means that–

  • Non-Participating Certified Registered Nurse Anesthetist means a Certified Registered Nurse Anesthetist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Non-Employee Director means a Director who either (i) is not a current employee or officer of the Company or an Affiliate, does not receive compensation, either directly or indirectly, from the Company or an Affiliate for services rendered as a consultant or in any capacity other than as a Director (except for an amount as to which disclosure would not be required under Item 404(a) of Regulation S-K promulgated pursuant to the Securities Act (“Regulation S-K”)), does not possess an interest in any other transaction for which disclosure would be required under Item 404(a) of Regulation S-K, and is not engaged in a business relationship for which disclosure would be required pursuant to Item 404(b) of Regulation S-K; or (ii) is otherwise considered a “non-employee director” for purposes of Rule 16b-3.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Participating Certified Registered Nurse Anesthetist means a Certified Registered Nurse Anesthetist who has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.