Sale Loan definition

Sale Loan means the outstanding amount of the loan as at Completion Date (which is estimated to be EUR2,936,677 (equivalent to approximately HK$25,494,129) which is due and owed by the Target Company to New Century REIT pursuant to an interest-free loan facility of EUR11,000,000 extended by New Century REIT to the Target Company;
Sale Loan means the shareholder’s loan and other monies in the aggregate amount of RMB649,741,101.64 as at 31 July 2016 owed or otherwise payable by the Disposal Company to the Vendor and its related parties after deduction of the monies payable by the Vendor to the Disposal Company;
Sale Loan. ’ means the loan in the sum of HK$200,000,000 owed by the Target Company (B) to Vendor (B) as at the date of the Share Transfer Agreement (B) and all other moneys, debts, liabilities and obligations whatsoever which are now or may at any time before Completion (B) be, or become from time to time, due and owing, incurred or outstanding by any member of the Target Company (B) to Vendor (B)

Examples of Sale Loan in a sentence

  • Upon review and modification of your loan originator compensation plans, you will need to identify and update all systems and technology platforms that touch the compensation plans, such as, but not limited to, Product Pricing and Eligibility, Point of Sale, Loan Origination Systems, and Accounting platforms.

  • Promissory Note; Bill of Sale; Loan Agreement; Sales Agreement; Purchase of Business Agreement; More >> Business.

  • The Sale Loan represents the entire sum owing by the Target Company to the Vendor as at the Completion Date.

  • Promissory Note; Xxxx of Sale; Loan Agreement; Sales Agreement; Purchase of Business Agreement; More >> Business.

  • The Convertible Bonds shall be issued by the Company on the date of Completion to settle part of the Consideration for the purchase of the Sale Share and the Sale Loan.


More Definitions of Sale Loan

Sale Loan a shareholder’s loan advanced by the Vendor to the Target Company for the purpose of acquiring the Property with an outstanding principal amount of HK$50,856,000 as at 29 November 2017Sale Share” 1 ordinary share of US$1.00 each of the Target Company, representing the entire issued share capital of the Target Company “Share(s)” ordinary share(s) of HK$0.01 each in the capital of the Company “Shareholder(s)” holder(s) of the Share(s)
Sale Loan all obligations, liabilities and debts owing or incurred by the Target Group to the Vendor on or at any time prior to the Acquisition Completion whether actual, contingent or deferred and irrespective of whether or not the same is due and payable on the Acquisition Completion “Sale Shareone share of US$1.00 in the issued share capital of the Target Company, representing the entire issued share thereof as at the date of the Acquisition Agreement and on Acquisition Completion “SFC” the Securities and Futures Commission of Hong Kong
Sale Loan means the unsecured, interest-free loan repayable on demand owing by SI Technology to the Company as at Completion
Sale Loan means the indirect interest-free shareholder’s loan advanced by the Vendor to the Target HK Subsidiary having an outstanding and unrepaid principal amount of HK$11,378,435.64 as at the date of this announcement, and where the context requires or permits, shall refer to the right to repayment of such loan and all other rights, benefits and interests of the creditor in relation thereto;
Sale Loan the shareholder’s loan amounting to HK$19,038 owed by the Disposed Company to the Company as at the date of the Sale and Purchase AgreementSale Shares” 510 shares of US$1.00 each in the issued share capital of the Disposed Company, representing 51% of the entire issued share capital of the Disposed Company “Share(s)” ordinary share(s) of HK$0.01 each in the share capital of the Company “Shareholder(s)” holder(s) of the Share(s)
Sale Loan the loan outstanding from the Disposal Company to the Vendor as at the Completion “Sale Share” the entire issued and paid-up share capital of the Disposal Company as at the Completion “Shares” ordinary shares of HK$0.10 each in the share capital of the Company “Shareholder(s)” holder(s) of the Shares
Sale Loan the shareholder’s loan due by the Target to the Company as at the Completion Date (the amount outstanding as at the date of the SP Agreement was approximately HK$390.3 million) and all obligations, liability and debts owing or incurred by the Target to the Company on or at any time prior to the Completion Date whether actual, contingent or deferred and irrespective of whether or not the same is due and payable on the Completion Date