Entrusted Loans definition

Entrusted Loans means borrowings by a Non-Guarantor Subsidiary from the Company or another Restricted Subsidiary (whether directly or through or facilitated by a bank or other financial institution), provided that such borrowings are not reflected on the consolidated balance sheet of the Company.
Entrusted Loans means borrowings by the Company or any Restricted Subsidiary from a bank, trust company or other financial institution that are subject to a Lien on deposits made by the Company or another Restricted Subsidiary as security for such borrowings; provided that no assets other than such deposits secure such borrowings, the value of such borrowings does not exceed the value of such deposits and such borrowings are denominated in the same currency as such deposits.
Entrusted Loans means borrowings by a PRC Restricted Subsidiary from a bank that are secured by a pledge of deposits or bank accounts made by another PRC Restricted Subsidiary to the lending bank as security for such borrowings, provided that such borrowings are not reflected on the consolidated balance sheet of the Company.

Examples of Entrusted Loans in a sentence

  • Therefore, the transactions involved in the Supply and Entrusted Loans Agreement between Dongfeng Motor Group and Dongfeng Nissan Financial Leasing is the continuing related party transactions of the Company.

  • Overall, discussing the brand image results, several preceding academic studies on traditional advertising concluded that brand image is indeed affected by marketing activities.62 Nonetheless, the existing specific literature about the ability of communication at the PoP to positively influence brand image was not found in academic literature but only in consultancy reports.63 The present findings do not validate or reject those reports, due to the contradictory results already mentioned.

  • SFHG also needs to open a Reflow Account to receive reflows (principal amount) from the Entrusted Loans and Cash Collateral for Guarantees once the underlying Subloan is repaid and IDA to receive interest payments from the Subprojects.

  • ADB loan proceeds will initially be draw- down from the imprest (special) account to the Dedicated CNY account for financing (i) Entrusted Loans, and (ii) Cash Collateral to support the Guarantees.

  • Granting of the Entrusted Loan(s) under the Entrusted Loan Agreement constitutes provision of financial assistance by the Company to a connected person, and therefore constitutes a continuing connected transaction under Chapter 14A of the Listing Rules.


More Definitions of Entrusted Loans

Entrusted Loans means borrowings by a PRC Restricted Subsidiary from a bank that are secured by a pledge of deposits made by another PRC Restricted Subsidiary to the lending bank as security for such borrowings, provided that such borrowings are not reflected on the consolidated balance sheet of the Company.
Entrusted Loans has the meaning given to that term in Schedule 15 (Incurrence Covenants Schedule).
Entrusted Loans means borrowings by the Issuer or any Restricted Subsidiary from a bank, trust company or other financial institution that are subject to a Lien on deposits made by the Issuer or another Restricted Subsidiary as security for such borrowings; provided that no assets other than such deposits secure such borrowings, the value of such borrowings does not exceed the value of such deposits and such borrowings are denominated in the same currency as such deposits.
Entrusted Loans means borrowings by a Non-Guarantor Subsidiary from the Company or another Restricted Subsidiary (whether directly or
Entrusted Loans means borrowings by a PRCNon-Guarantor Restricted Subsidiary from a bank that are secured by a pledge of deposits made byfrom the Company or another PRC Restricted Subsidiary (whether directly or through or facilitated by a bank or other financial institution)to the lending bank as security for such borrowings, provided that such borrowings are not reflected on the consolidated balance sheet of the Company.”
Entrusted Loans means borrowings by a Restricted Subsidiary from a bank that are secured by a pledge of deposits made by another Restricted Subsidiary to the lending bank as security for such borrowings. Environment means living organisms including the ecological systems of which they form part and the following media:
Entrusted Loans means borrowings by an Onshore Subsidiary from a bank that are secured by a pledge of deposits made by another Onshore Subsidiary to the lending bank as security for such borrowings; provided that, such borrowings are not reflected on the consolidated balance sheet of the Borrower.