Employee Loans definition
Employee Loans means any loan made to an employee, consultant or officer of any Group Company or any other person who provides services to any Group Company by any Group Company, full details of which are contained in the Disclosure Letter;
Employee Loans means the loans described in Part IX of Schedule I.
Employee Loans has the meaning specified in Section 10(b)(xi) of Appendix L.
Examples of Employee Loans in a sentence
True and complete copies of the documents evidencing the Employee Loans have been made available for review to Buyer.
Seller has not satisfied, canceled or subordinated any of the promissory notes evidencing the Employee Loans, in whole or in part.
Except as set forth in Part IX of Schedule I, all payments of principal and interest in respect of the Employee Loans are current.
Echelon is the owner and holder of the Employee Loans, free and clear of all Encumbrances and claims of every kind.
Except as set forth in Part IX of Schedule I, the documents evidencing the Employee Loans are in full force and effect and no defaults on the part of the borrowers or Echelon thereunder have occurred and are continuing.
More Definitions of Employee Loans
Employee Loans means the loans by Astarte to certain of its employees for -------------- the exercise price of Astarte Options.
Employee Loans means the loans made to Qualified Employees by Bank of America pursuant to the Existing Credit Agreement including, without limitation, the loans identified on SCHEDULE 8.
Employee Loans is defined in Section 2.18(a)(ii).
Employee Loans means any payments or loans made to, any assets made available or transferred to, or any assets earmarked, however informally, for the benefit of, any Employee or former Employee (or anyone linked with such Employee or former Employee) by a Group Company, or an employee benefit trust (including the EBT) or other third party falling within the provisions of Part 7A of ITEPA 2003 and any trust or arrangement capable of conferring such a benefit;
Employee Loans have the meanings stated in Section 2.1(d).
Employee Loans has the meaning given in clause 5.2(m);
Employee Loans means all amounts accruing or owing (whether or not due and payable) as at the Transfer Time to TEL by Transferring Employees and Offer Employees in respect of housing assistance loans or season ticket loans or any other loans or advances to Transferring Employees of a similar nature;