Loan Extension Agreement definition

Loan Extension Agreement means an agreement among the Borrower and one or more Extending Lenders implementing the terms of any applicable Extension Offer pursuant to Section 2.16.
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Loan Extension Agreement as defined in Section 2.29.
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Loan Extension Agreement the loan extension agreement dated 21 October 2016 entered into by the Lender and the Borrower to extend the original maturity date (i.e. 21 October 2016) to the Extended Maturity Date “Second Loan Extension” the extension of repayment date of the balance of the Loan pursuant to the Supplemental Agreement “Share(s)” ordinary share(s) of HK$0.04 each in the share capital of the Company “Shareholder(s)” the holder(s) of the Shares
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Examples of Loan Extension Agreement in a sentence

  • As Xx. Xx Xxxxxx, the Chairman and an executive Director of the Company, is a director of Capital Eco Group, and Xx. Xxx Xxxxxxx, the non-executive Director of the Company, holds a senior position in Capital Eco Group, they are therefore deemed to have material interest in the Loan Extension Agreement and the transaction(s) contemplated thereunder.

  • Save as disclosed above, none of the other Directors of the Company have any material interest in the Loan Extension Agreement and the transaction(s) contemplated thereunder.

  • At the same time, it is expected that the Loan Extension Agreement would enable the Group to generate interest income and thus maximise the Group’s return and generate stable revenue and cash flow stream on its available cash reserves without compromising the Group’s risk exposure.

  • The Directors (including the independent non-executive Directors) are of the view that the Loan Extension Agreement and the transaction(s) contemplated thereunder are in the ordinary and usual course of business of the Group and on normal commercial terms, and the terms of the Loan Extension Agreement are fair and reasonable and in the interests of the Company and its shareholders as a whole.

  • Accordingly, Capital Environmental Sanitation is a connected subsidiary of the Company and the entering into of the Loan Extension Agreement constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules.

  • The loan provided under the Loan Extension Agreement is for the purpose of enhancing the financial position and capability of operation and financing of Capital Environmental Sanitation, as well as to satisfy the expected working capital requirement for the continuous development of Capital Environmental Sanitation in the provision of environmental sanitation services for rural areas in the PRC.

  • The Group has financed the Previous Loan and will continue to finance the Loan Extension Agreement with the Group’s general working capital.


More Definitions of Loan Extension Agreement

Loan Extension Agreement the loan agreement dated 17 February 2020 entered into between (a) the Lender, as the lender; and (b) the Borrowers, as the borrowers, in connection with the advance of the Extended Loan “Money Lenders Ordinance” Money Lenders Ordinance, Chapter 163 of the Laws of Hong Kong
Sample 1
Loan Extension Agreement the agreement in relation to the extension of an existing loan with principal amount of RMB7,000,000 entered into between Capital Investment and Capital Environmental Sanitation on 16 July 2024
Sample 1

Related to Loan Extension Agreement

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of September 19, 2016, among the Borrower, the Administrative Agent and the Lenders party thereto.