Loan Restructuring Agreement definition

Loan Restructuring Agreement. The Loan Restructuring Agreement which consist of the Application, the Approval, and these Standard Terms and Conditions;
Loan Restructuring Agreement means that certain Loan Restructuring Agreement, dated as of December 16, 2010, by and between the Company and the initial Holder.
Loan Restructuring Agreement has the meaning set forth in the recitals to this Agreement.

Examples of Loan Restructuring Agreement in a sentence

  • The Borrower is advised and undertakes to obtain independent legal and financial advice during this “cooling off” period regarding any term or condition of the Loan Restructuring Agreement.

  • This addendum forms an annex to, and an integral part of the Loan Restructuring Agreement with the Lender and all words and expressions contained in the aforesaid Loan Restructuring Agreement will bear the same meaning in this addendum unless the contrary appears from the context.

  • In the event that the Loan was disbursed during the “cooling off” period, the Borrower may cancel the Loan Restructuring Agreement, provided that the Restructured Loan Amount and pro-rata finance charges are the Restructured Loan Amount repaid simultaneously with the letter of cancellation.

  • The Borrower has the right to terminate this Loan Restructuring Agreement by written notice to the Lender before disbursement of the Loan.

  • On 20 January 2005, the Company, Probest and Profitown entered into an agreement (the “Loan Restructuring Agreement”), pursuant to the terms of the Loan Restructuring Agreement, Profitown issued new promissory note in favour of Probest, in consideration of Probest waiving portion of the outstanding loan due and owing by the Company to Probest under the old promissory note.

  • In accordance with the Loan Restructuring Agreement, loan interest paid and payable to Probest amounted to HK$12,316,000 for the year ended 31 December 2007.

  • Pursuant to the terms of the Loan Restructuring Agreement, the Company executed a guarantee in favour of Probest (the “Swank Guarantee”) to guarantee Profitown’s obligations in respect of interest payable under the new promissory note.

  • The Additional Funding Plan includes the active negotiation with certain banks under the Loan Restructuring Agreement to refinance and enlarge the bank facilities to support the Group’s future expansion plan in China.

  • The Loan Restructuring Agreement provides, inter alia¸ that the Company may be able to discharge its obligation as guarantor as and when the financial institution is able to recover all amounts owing as at 21 August 2012 from TTS2003.

  • The Board of Directors are of the view that the repayment terms and schedule under the Loan Restructuring Agreement are within the capabilities of the Company and, barring any unforeseen circumstances, the repayment terms and schedule are not expected to have any material adverse impact on the cash flow of the Group for the next twelve (12) months from 21 August 2012.

Related to Loan Restructuring Agreement

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Restructuring Support Agreement has the meaning set forth in the Recitals.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Equity Restructuring means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other securities of the Company) or the share price of Common Stock (or other securities) and causes a change in the per-share value of the Common Stock underlying outstanding Awards.

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • Repayment Agreement means an agreement

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • Reorganization Agreement has the meaning set forth in the recitals.

  • Support Agreement has the meaning set forth in the Recitals.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Existing Agreement has the meaning set forth in the recitals hereto.

  • Collateral Acquisition Agreements means each of the agreements entered into by the Issuer in relation to the purchase by the Issuer of Collateral Debt Obligations from time to time.

  • Investment Agreement shall have the meaning set forth in the Recitals hereto.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors, officers and 5% stockholders of the Company, in the form of Exhibit C attached hereto.

  • Parent Agreement has the meaning given to it in Clause 12;

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

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Definitive Acquisition Agreement means any definitive written agreement entered into by the Company that is conditioned on the approval by the holders of not less than a majority of the outstanding shares of Common Stock at a meeting of the stockholders of the Company with respect to (i) a merger, consolidation, recapitalization, reorganization, share exchange, business combination or similar transaction involving the Company or (ii) the acquisition in any manner, directly or indirectly, of more than 50% of the consolidated total assets (including, without limitation, equity securities of its subsidiaries) of the Company and its Subsidiaries.