Employee Loan definition

Employee Loan. Any Mortgage Loan identified as such in the Mortgage Loan Schedule and which was originated by the Seller, which provides for an increase in the Loan Rate thereof in the event of the change of employment of the Mortgagor thereunder.

Employee Loan means any loan made to a Participant on the Recapitalization Closing Date to assist the Participant in paying certain income tax liability.

Employee Loan means a loan or an advance to any Employee made in the ordinary course of business and consistent with past practices, including pursuant to any Restricted Subsidiary Employee Plan.

Examples of Employee Loan in a sentence

• Total amount of the repayment: Number of years the repayment will be made: Amount of repayment to be made each calendar year: Continued Employee Loan Repayment Responsibility I understand that it is my responsibility to make loan payments on the portion of the loan(s) that continue to be my responsibility.

• All necessary steps shall be taken to ensure that the implementation date of the Employee Loan Program for members of this bargaining unit shall occur as soon as administratively possible so that it coincides with the initial implementation date established by the General Retirement System.

• This Employee Loan Agreement (“Agreement”) is made as of this (mm/dd/yyyy) for the above value (“Loan”) by and between (Employee Name) of (“Employee”) and (Employer Name) having a place of business at (“Employer”).

• Employee Loan Agreement and Promissory Note netGuru Inc and Xxxxxxx Xxx.

• If and to the extent such Employee Loan cannot validly be transferred until Closing, the Parties shall treat each other as between the Parties (im Innenverhältnis) as if the Employee Loan had been validly transferred and the Parties shall further cooperate to effectuate such transfer free of any costs, charges and expenses for the Seller as soon as possible.

More Definitions of Employee Loan

Employee Loan means the loan made to an Eligible Loan Participant from a Participating Company for the purpose of making an Employee Contribution to the Plan as provided for in Subsection 6.2(b);

Employee Loan means a loan, made in the ordinary course of business, from the Company to an employee (including independent contractors, limited partners or other Persons compensated by the Company or any of its Restricted Subsidiaries in the ordinary course of business) consistent with past practices.

Employee Loan. Means the loan agreement between the Company and Gillian Tans dated March 10, 2004 in the amount of EUR 100,000;

Employee Loan means the loan or loans made by the Company to an Eligible Employee to be used by the Eligible Employee to purchase Shares under the Plan.

Employee Loan means any outstanding loan made by the Company or its Subsidiaries to any Company Shareholder for which the Company or its Subsidiaries retains Company Class B Shares as collateral.

Employee Loan is defined in Section 2.7(l).

Employee Loan means a loan, made in the ordinary course of business, from the Company to an Employee consistent with past practice. “Exchange Act” means the Securities Exchange Act of 1934, as amended.