Short Term Loans means loans to Issuer for working capital purposes which are for a term not exceeding 90 days and which do not exceed the lesser of (a) fifty percent (50%) of the value of Accounts and Notes Receivable at the time of such loan, or (b) $1,000,000.
Short Term Loans means the Term Loans made by each Short Term Lender on the Closing Date pursuant to Section 2.01(a).
Examples of Short Term Loans in a sentence
Balances of Trade Payables, Unsecured Loans, Trade Receivables, Long Term and Short Term Loans & Advances, In-operative bank accounts, Other Current and Other Non Current Assets and Provisions are subject to the confirmation of the parties concerned.
BAN's and Short Term Loans: Use of short-term borrowing, such as bond anticipation notes (BAN's), tax anticipation notes (TAN's) and revenue anticipation notes (RAN's), will be undertaken by the Comptroller, only if the transaction costs plus interest of the debt are less than the cost of internal financing, or available cash is insufficient to meet working capital requirements.
Subject to the terms of this Agreement, the Bank agrees to make available to the Borrower, with effect from the Commencement Date, Short Term Loans and On Call Credits in a total and aggregate principal amount of NIS 700,000,000 (seven hundred million New Israeli Shekels).
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Short Term Loans and Advances 2,016.57 1,532.94 217.54 282.97 311.73f Other Current Assets 31.74 7.26 25.11 13.63 38.26Total Assets 6637.86 6128.56 6,232.38 6,473.90 6,522.71B.
More Definitions of Short Term Loans
Short Term Loans means the loans availed by the Borrower to meet the capital expenditure for the Aluminium and Power Project.
Short Term Loans means, as of any date of determination, for SFC and its Subsidiaries on a consolidated basis, any Indebtedness of that is outstanding for not more than thirty (30) days (except to the extent such Indebtedness is rolled-over for subsequent thirty-day periods at the election of the applicable lender) as of such date; provided, that, such Indebtedness (a) is to Subsidiaries to finance the purchase/sale of Securities in the ordinary course of business, (b) is provided by the applicable lender on an uncommitted basis and (c) is repayable on demand.
Short Term Loans has the meaning assigned to that term in subsection 2.9. ---------------- "Sponsor Equity Issuance" means the issuance of preferred or common capital ----------------------- stock of the Borrower with a value of up to $5,000,000 to any of the MDC Entities, Fenway or UBS to repurchase receivables previously sold to the MDC Entities, Fenway or UBS under the receivables purchase facility existing pursuant to the Receivables Purchase Agreement, dated as of April 19, 2000, between Company and JPMorgan Chase Bank.
Short Term Loans means short term (with a maturity term no longer than one-year) bank loans, inclusive of all accrued and unpaid interest and charges. “Target Group” shall mean collectively the Company, the Target Subsidiaries and their respective branches and Liaison Offices. “Target Group Assets” shall mean, collectively, all assets and properties owned by any Target Group Member, tangible or intangible, fixed or floating, together with goodwill. “Target Group Member” shall mean any member of the Target Group. “Target Intellectual Property” shall mean any and all Intellectual Property owned by any Target Group Member and/or used by any Target Group Member in the operation of its business as currently conducted, including without limitation any and all trademarks and/or trade names owned and/or used by any Target Group Member containing the characters “Golden Monkey” and/or “Munching Monkey”. “Target Subsidiaries” shall mean, collectively, Shenyang Golden Monkey Food Co., Ltd., Xianyang Golden Monkey Food Co., Ltd., Shenqiu Xxxxxx Xxxxxx Monkey Halal Food Co., Ltd., Zhoukou Golden Monkey Food Co., Ltd. and Zhalantun Xxxxxxx Xxxx Golden Monkey Dairy Co., Ltd.; and “Target Subsidiary" means any one of them. “Tax” or “Taxes” shall mean any and all tax and administrative charges of any type (including but not limited to income tax, business tax, value-added tax, customs duties and stamp duties), together with any related interest and penalties, imposed by any Governmental Authority in accordance with applicable Law. “Tax Authority” shall mean any relevant Governmental Authority with competent jurisdiction with respect to Tax. “Template Adjustment Statement” shall mean a statement of the Target Group's financial position in the form agreed and set out in Exhibit F. “Trade Debt” shall mean any "short-term accounts payables" (as defined under PRC GAAP) incurred by any Target Group Member in its ordinary course of business. “Trademark License Agreements” shall have the meaning set forth in Article 10.1. “Trading Sub” shall mean Shanghai Golden Monkey International Trading Co., Ltd. “Transfer” shall mean any transfer, sale, exchange, assignment, pledge, creation of encumbrance or disposal by any means by any Party, whether directly, indirectly (including without limitation through a transfer of shares of the entity holding the relevant interests), voluntarily, involuntarily, by operation of Law or pursuant to a merger, consolidation or similar business combination or otherwise, of...
Short Term Loans means short term (with a maturity term no longer than one-year) bank loans, inclusive of all accrued and unpaid interest and charges.
Short Term Loans is defined as the sum of the Revolving Loan, outstanding Commodity Credit Corporation loans, and all outstanding commercial paper. Eligible Accounts Receivables $ @ 80% $ (a) Eligible Accounts Receivables are defined as those of the Company and all Subsidiaries which: (1) arise from the sale and delivery of inventory on ordinary trade terms; (2) are evidenced by an invoice; (3) are net of any credit, trade or other allowance given to the account debtor; (4) are not owing by an account debtor who has become insolvent or is the subject of any bankruptcy, reorganization, liquidation or like proceeding; (5) are not subject to any offset or deduction; (6) are not owing by an affiliate of Company; (7) are not owing by an obligor located outside of the U.S. unless the receivable is supported by a letter of credit issued by a bank acceptable to the CoBank; and (8) are not government receivables. The above provisions notwithstanding, Trade Receivables shall also exclude (i) any accounts that are past due more than 90 days, and (ii) any contra account regardless of the date; Inventory $ (b) Inventory as determined on the basis of Net Realizable Value, defined as the expected selling price of an inventory item less expected costs to complete and dispose, as determined in accordance with GAAP. Crop Payments due Non-members and members $ (c) Net Inventory Value (b-c) $ @ 75% $ (d) Borrowing Base (a+d) $ Commercial Paper $ (e) Statused Revolving Term – RJ0013T07 $ (f) Commodity Credit Corp. loans (g) Total Short-term Loans (e+f+g) $
Short Term Loans means each of the Xxxxx Loans due and payable upon demand (or less than one-year from issuance thereof) made by the Borrower to the Parent, any of the Operating Utilities or any other Subsidiaries of the Parent, for acquisitions and other general corporate purposes, including, without limitation, commercial paper backup, with the proceeds of the Loans.