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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 Group Information Section of the Data Room;
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

  • Special Note Regarding Employee Loans Loans to employees or their family members by the Company, or guarantees of their loan obligations, could constitute an improper personal benefit to the recipients of these loans or guarantees.

  • Employee loans are occasionally granted to staff (AO/CO/RO only) in accordance with the Employee Loans Policy.

  • 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.

  • Echelon is the owner and holder of the Employee Loans, free and clear of all Encumbrances and claims of every kind.


More Definitions of Employee Loans

Employee Loans means the "Employee Loans" outstanding under the Existing Credit Agreement.
Employee Loans means the loans by Astarte to certain of its employees for -------------- the exercise price of Astarte Options.
Employee Loans has the meaning given in clause 3.10(a);
Employee Loans means the Fishlinger Loan and the loans documented by those agreements set forth in Schedule 3.09(xi)(8)-(11).
Employee Loans have the meanings stated in Section 2.1(d).
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.