Related Party Loans definition

Related Party Loans means Loans, made to Canadian Borrowers in which: (i) one or more of the Principal Parties holds one or more of the following positions within a Canadian Borrower: officer, director, consultant and/or; (ii) one or more of the Principal Parties holds an equity or ownership interest in a Canadian Borrower;
Related Party Loans has the meaning given in Schedule 4;
Related Party Loans all loans owed by or to a Group Company to or by any member of the Seller's Group or to or by any other Group Company (as the case may be) and any other loans or similar arrangements including amounts included in the corporate control account between any Group Company, any Seller Group Company and/or the Promoters, including any interest accrued thereon;

Examples of Related Party Loans in a sentence

  • The Related Party Loans – Insiders are measured at amortized cost to reflect this accretion.

  • See “Plan of Operation – Related Party Loans and Warehousing of Assets.”** Pursuant to our operating agreement, the Manager receives an asset management fee and, with respect to debt investments, if any, a reimbursement of special servicing expenses.

  • See “Plan of Operation – Related Party Loans and Warehousing of Assets”.

  • See “Plan of Operation – Related Party Loans and Warehousing of Assets.”** Pursuant to our operating agreement, the Manager will receive an asset management fee and, with respect to debt investments, if any, a special servicing fee.

  • See section entitled “Plan of Operation – Related Party Loans and Warehousing of Assets – Promissory Grid Note” for a fuller description of the promissory grid note.


More Definitions of Related Party Loans

Related Party Loans that certain loan to Servico Concord, Inc. of even date herewith in the original aggregate principal amount of $8,449,183 and secured by the Sheraton Hotel Concord and that certain loan to Penmoco, Inc. and Island Motel Enterprises, Inc. of even date herewith in the original aggregate principal amount of $4,199,869 and secured by the Holiday Inn Jekyll Island.
Related Party Loans means the non-interest bearing substantiated demand loan owing by ACZ to ACZ Related Parties.
Related Party Loans that (i) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $35,073,117 and secured by the Holiday Inn - Inner Harbor, (ii) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $15,740,722 and secured by the Holiday Inn International Airport, (iii) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $3,322,817 and secured by the Holiday Inn Xxxx Burnie North, (iv) certain loan to Lodgian AMI, Inc. of even date herewith in the original aggregate principal amount of $5,214,292 and secured by the Holiday Inn Visitors Center/Lancaster East, and (v) certain loan to Servico Concord, Inc. of even date herewith in the original aggregate principal amount of $8,449,183 and secured by the Sheraton Hotel Concord.
Related Party Loans means the loans owed by Related Parties to the Company or by the Company to Related Parties, details of which are set out in the Accounts;
Related Party Loans mean the outstanding loans due and payable as of the Cut-Off to the Company by (a) the Shareholders as the same are offset against an amount payable by the Company to the Shareholders in the amount of $194,000 as of December 31, 2004 plus any accrued and unpaid interest since that date, (b) Team Staffing International, LLC, and (c) Trans Continental Consulting, LLC. Exhibit 10.30
Related Party Loans. 3.29 "Required Consents" 3.26 "SCI" 2.01(a) "SEC" 2.02(d) "Securities Act" 4.04(a) "Shareholders" Recitals "Shareholder's Percentage Share" 7.08(a) "Subsidiaries" 3.03 "Subsidiary" 3.03 "Surviving Corporation" Recitals "Third Party Claim" 7.08(e) "Trademarks" 3.09 "Transmittal Letter"
Related Party Loans. 3.31 "Required Consents" 3.27 "SAR Agreements" 2.01(d) "SAR Holders" 2.01(d) "SAR Holders Agreements" 2.01(d) "SARs" 2.01(d) "SEC" 4.04(b) "Securities Act" 4.04(a) "Shareholders" Recitals "Shareholder's Percentage Share" 7.08(a) "Slate" 2.01(d) "Software"