Management Loans definition

Management Loans. Indebtedness (including any extension, renewal or refinancing thereof) outstanding at any time incurred by any Management Investors in connection with any purchases by them of Management Stock, which Indebtedness is entitled to the benefit of any Management Guarantee of the Parent or any of its Subsidiaries.

Management Loans means one or more loans by the Company or Holdings to officers and/or directors of the Company and any of its Restricted Subsidiaries to finance the purchase by such officers and directors of common stock of Holdings; provided, however, that the aggregate principal amount of all such Management Loans outstanding at any time shall not exceed $10.0 million.

Management Loans means one or more loans by the Company or Parent to officers and/or directors of the Company and any of its Restricted Subsidiaries to finance the purchase by such officers and directors of common stock of Parent or the Company or membership interests in CRL Acquisition LLC; provided that the aggregate principal amount of all such Management Loans outstanding at any time shall not exceed $1.5 million.

Examples of Management Loans in a sentence

• Additionally, Asset Management Loans, which are not generally available through Minnesota Housing’s Request for Proposals (RFP), also utilize this guide.

• Upon reduction of the amounts payable to the Company Stockholders and Optionholders that are obligated for Management Loans under subparagraphs (f) and (g) above, the Management Loans shall be deemed paid in full by such Company Stockholder or Optionholder, as the case may be and the Surviving Corporation shall have no further recourse against such Company Stockholder or Optionholder in respect thereof.

• After the Effective Time, RSI shall extend loans to those management employees of the Company for whom Company Management Loans were forgiven at the Effective Time and whose RSI Common Shares are subject to restriction as provided in Section 6.23, in an amount sufficient to cover the federal and state income tax due from such management employees as a result of such forgiveness.

• This included the General Ledger, Funds Management, Controlling, Accounts Payable, Material Management, Accounts Receivable, Treasury, Cash Management, Loans Management System, Assets Accounting, Human Capital Management, Government Unclaimed Moneys Integrated System and Activity Based Costing modules (Accountant General, Annual Report 2013, p.

• The Management Loans shall be applied only for making loans to the General Partner under clause 7.3.2 or the payment in cash of the General Partner's Share once any such loan to the General Partner has been extinguished and the General Partner shall pay the Manager out of the monies it has received from the Partnership out of the Management Loan.

More Definitions of Management Loans

Management Loans is defined in clause (m) of Section 7.2.5.

Management Loans means one or more loans by the Issuer or Holdings to officers and/or directors of the Issuer and any of its Restricted Subsidiaries to finance the purchase by such officers and directors of common stock of Holdings; provided, however, that the aggregate principal amount of all such Management Loans outstanding at any time shall not exceed $5.0 million.

Management Loans. Indebtedness (including any extension, renewal or refinancing thereof) to the extent such Indebtedness is entitled to the benefit of Guarantee Obligations provided for in subsection 8.4(b) of the Credit Agreement.

Management Loans has the meaning set forth in the Holdco Agreement.

Management Loans means the loans by the Cayman Borrower made pursuant to Section 6.04(x) in an aggregate principal amount not to exceed $10,000,000 to certain continuing members of management on the Effective Date.

Management Loans means the loans and advances made to the Company’s officers as described in Schedule 2.4, including all principal, interest and other amounts due to the Company or a Company Subsidiary with respect to such loans and advances (each such loan or advance a “Management Loan”).

Management Loans means one or more loans by Merrill to employees, independent contractors and/or directors of Merrill and any of its Restricted Subsidiaries to finance the purchase by such employees, independent contractors and directors of common stock of Merrill.