Examples of Existing Shareholder Loan in a sentence
This Loan Agreement constitutes the entire agreement and understanding of the parties, and supersedes and replaces in their entirety any prior discussions, agreements, etc., including, without limitation, the Existing Shareholder Loan Agreement, all of which are merged herein.
The Lender shall have received evidence regarding the successful refinancing of the Existing Indebtedness (other than the Existing Shareholder Loan) (at the discretional satisfaction of the Lender).
If the amount was less than the amount of the Existing Shareholder Loan the Moto Group would waive the difference.
Some of the important decisions in the AGM include appointment of new auditors, revised guidelines for Institution of Endowment Awards and organisation of XIV Agricultural Science Congress at Delhi in 2019.
Our employees are our greatest asset in terms of development work, and we are convinced that Fabege’s success is a di- rect result of the contributions of our creative, down-to-earth and capable colleagues.
As one of the relevant Percentage Ratios for the Transactions, on a standalone basis and when aggregated with the Existing Shareholder Loan and the transactions contemplated under the Existing Guarantee Agreement in accordance with Rule 14.22 of the Listing Rules, exceeds 5% but is less than 25%, the Transactions constitute a discloseable transaction of the Company.
The Company and CEP have agreed that CEP’s shareholders will receive:• 500 million ordinary shares• 250 million options exercisable on or before the two-year anniversary of the date of issue at $0.02• the amount of the Existing Shareholder Loan repayable, remains at US$825,000.
Any and all credits that the shareholder of the Borrower has against the Borrower, other than the Existing Shareholder Loan shall be irrevocably subordinated to the credits arising from the Loan prior to any Disbursement.
The Parties hereby agree that payments under the Existing Shareholder Loan are only allowed in accordance with the Permitted Purpose and in no event the outstanding amount under the Existing Shareholder Loan can be reduced to less than $27,000,000 (United States Dollars Twenty Seven Million) without the consent of the Lender.
LISTING RULES IMPLICATIONS Each of the Existing Shareholder Loan and the transactions contemplated under the Existing Guarantee Agreement, on a standalone basis or when aggregated with each other, does not constitute a notifiable transaction of the Company under Chapter 14 of the Listing Rules, as none of the relevant Percentage Ratios exceeds 5%.