Entrusted Loan Arrangement definition

Entrusted Loan Arrangement the arrangement where ICBC Xuanwu Branch is appointed by the Company to act as the lending agent to grant the entrusted loan to Renewable Resource Company pursuant to the Entrusted Loan Agreement “Group” the Company and its subsidiaries “Guoneng Zhixin” Beijing Guoneng Zhixin Investment. Co., Ltd., a wholly-owned subsidiary of CDC, details of which are set out in the section entitled “Information Relating to the Parties of the Agreement” “H Share(s)” the overseas listed foreign shares of the Company with a nominal value of RMB1.00 each, which are listed on the Hong Kong Stock Exchange and the London Stock Exchange “Hong Kong” the Hong Kong Special Administrative Region of the PRC “ICBC Xuanwu Branch” Xuanwu Branch of Industrial and Commercial Bank of China Limited, details of which are set out in the section entitled “Information Relating to the Parties of the Agreement”
Entrusted Loan Arrangement the arrangement where Construction Bank Railway Sub-branch is appointed by the Company to act as the lending agent to grant the entrusted loan to Xilinhaote Mining Company pursuant to the Entrusted Loan Agreement

Examples of Entrusted Loan Arrangement in a sentence

  • None of the Directors have a material interest in the Entrusted Loan Arrangement and therefore, none of the Directors has abstained from voting on the resolutions of the Board for approval of the Entrusted Loan Arrangement contemplated under the Framework Agreement.

  • Subject to the entering of the Entrusted Loan Agreement and the relevant security documents, the principal terms of the Entrusted Loan Arrangement, including the interest rate and the security involved thereunder, were principally agreed by Xxxxxxxx Xxxxx Xxxxxxx and Xxxxxx Xxxxx after arm’s length negotiations and having taken into account the prevailing market conditions.

  • Based on the foregoing, the Directors (including the independent non-executive Directors) are of the view that the Entrusted Loan Arrangement was entered into on normal commercial terms and its terms are fair and reasonable and in the interests of the Company and its shareholders as a whole.

  • As a result, the Entrusted Loan Arrangement contemplated under the Framework Agreement constitutes a connected transaction of the Company.


More Definitions of Entrusted Loan Arrangement

Entrusted Loan Arrangement the arrangement in relation to the provision of the Entrusted Loan by Xxxxxx Xxxxx to Shenzhen Xxxxx Xxxxxxx as contemplated under the Framework Agreement

Related to Entrusted Loan Arrangement

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Collective Agreement means a written agreement concerning terms and conditions of employment or any other matter of mutual interest concluded by one or more registered trade unions, on the one hand and, on the other hand-