Shareholder’s Loans definition

Shareholder’s Loans means the shareholder’s loan in the sum of HK$26,017,413.91 advanced by the Vendor to RBL and the shareholder’s loan of HK$193,442.56 advanced by the Vendor to RBIPL as stated in the Management Accounts;

Shareholder’s Loans means the shareholders loans owed by the Disposal Group

Shareholder’s Loans means the interest free indebtedness of the Company to the Seller in the aggregate sum of US$2,930,000;

Examples of Shareholder’s Loans in a sentence

• After the Supporter Lock-up Period, where Supporter wishes to transfer or by any way dispose of any of the Supporter Subscription Shares or Supporter Shareholder’s Loans, unless PCPD Holdco otherwise agrees, Supporter may only do so by way of exercising the Supporter Put Option or when PCPD Holdco exercising the PCPD Holdco Drag-along Right.

• The Board is pleased to announce that the Purchaser and the Vendor entered into the Master Agreement, pursuant to which, among others, the Purchaser has agreed to purchase (and procure the purchase of) and the Vendor has agreed to sell (and procure the sale of), among other things, the Sale Shares, the Sale Shareholder’s Loans and the Sale Debts.

• The consideration for the FCHL Shareholder’s Loans is US$285,000,000.

• The Shareholder’s Loans were made by Mr. Wang to the Group at the material time in order to meet the Group’s short-time working capital needs.

• The Company must use all reasonable endeavours to procure that the Lender releases the Shareholder from its corresponding obligations under the Shareholder's Loans with effect from the Completion Date and does all other things as are necessary for the application of the proceeds in reduction of the Shareholder’s Loans.

More Definitions of Shareholder’s Loans

Shareholder’s Loans means a sum equal to 10% of the aggregate of (i) interest-free shareholder’s loans which has been extended by the existing shareholders of the JV Company (including the Vendor) to the JV Company and which remains outstanding as at the date of the Share Purchase Agreement and (ii) such further interest-free shareholder’s loans as may be extended by the existing shareholders of the JV Company (including the Vendor) to the Company prior to completion of the Proposed Acquisition (the “Completion”) provided always that the aggregate amount of the shareholders’ loans under paragraphs (i) and (ii) above will not exceed S$54,000,000.

Shareholder’s Loans means the loans to the Company by the respective Shareholders in such proportions as shall be agreed in accordance to this Agreement; In this Agreement, unless the context otherwise requires, any reference to: the singular includes the plural and vice versa; a person includes reference to a body corporate or other legal entity; any written law includes that law as amended or re-enacted from time to time; any agreement or other document includes that agreement or other document as varied or replaced from time to time; a clause is to the relevant clause of this Agreement; any party includes that party’s personal representatives and/ or successors and assigns. The Schedules hereto shall form part of this Agreement. Clause headings are inserted for convenience only and shall be ignored in construing this Agreement.

Shareholder’s Loans. Loans of any nature whatsoever lent by anyone who is a Stakeholder in the Company, excluding loans from financial institutions whose business it is to provide loans in the normal course of business, and excluding loans in the amount of $5,000,000 from the DS Apex Holdings Group, and an additional lender that joins the agreement that will be signed with DS Apex with regard to this loan.

Shareholder’s Loans means the loans between the Borrower and/or its Affiliates as lender, and any of the Group Companies, as borrower, in an aggregate principal amount not to exceed E 115.2 million;

Shareholder’s Loans means loan(s) made or to be made to the Company by the Shareholders (or where the context so requires, by a particular Shareholder) or, where the context so requires, the outstanding amount thereof.

Shareholder’s Loans means the Sundog Shareholder Loan and the 408446 Shareholder Loan;

Shareholder’s Loans means, as of any date, the amount then owing by the Borrower to any Borrower Shareholder on account of loans made to the Borrower by such Borrower Shareholder.