Stock Loan Agreement definition

Stock Loan Agreement means the agreement to be entered into by the Seller (or one of its Affiliates), and the Company prior to the Closing in accordance with Section 5.09, under which (1) the Seller and its Affiliates would, for a period of three years following the Closing Date, have sole and direct access on market terms and conditions, including fees, for lending purposes to the stock held by the Company and all its customers who have given authority for such transactions, including for purposes of covering the internal short positions of customers of the Company and the Company; provided that the Company would receive annual payments of at least $10 million in respect of such services, (2) at the request of the Company, the Seller or one of its Affiliates would lend securities to the Company on customary terms and conditions, including rates and availability, and (3) at the request of the Company, the Seller or one of its Affiliates would make non-purpose cash loans to the Company collateralized by securities acceptable to the Seller or such Affiliate and otherwise on customary terms and conditions, except that the Seller or such Affiliates would not be obligated to make such loans to the Company unless the net assets of the Company in respect of the lending/borrowing transactions under such agreement exceed $150 million; provided however that (i) at the option of the Company, it may terminate such agreement at any time following the first anniversary of the Closing Date, (ii) the Seller shall have reasonable access to the books, records and personnel of the Company during the term of such agreement for purposes of verifying compliance by the Company with such agreement, (iii) the Company would agree to charge customers of the Company rates that are not less than the market rates charged by major bulge bracket firms at such time to customers that are similarly situated to the customers of the Company for services similar to those to be provided to such customers by the Seller or its Affiliates under such agreement, and (iv) such agreement would provide that (u) the Company would have the legal right of offset with respect to the obligations of the Seller or such Affiliate under such agreement, (v) the term of the transactions under such agreement would be the same, (w) the obligations of the Seller or such Affiliate and the Company under such agreement to repay borrowed securities would be collateralized with cash, (x) the Seller or such Affiliate and the Company would agr...

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Stock Loan Agreement means the agreement to be entered into by the Seller (or one of its Affiliates), and the Company prior to the Closing in accordance with Section 5.09 in the form attached hereto as Exhibit 1.01(b).

Stock Loan Agreement means the stock loan agreement entered into by Inversión Corporativa I.C. S.A. and [·] in connection with the offering of the Offered Shares.

Examples of Stock Loan Agreement in a sentence

No Lending Stockholder or any Affiliate of any Lending Stockholder has been, or will be, compensated by the Company, or to the Company’s knowledge any Person, in any manner, directly or indirectly, for entering into a Stock Loan Agreement except as expressly set forth therein.
The Seller and the Purchaser will negotiate in good faith the Transition Services Agreement, the Clearing Agreement and the Stock Loan Agreement, in each case with a view to reaching an agreement thereon before the 60th day following the date hereof.
Delivery of the Option Shares shall be made by the Company within 5 and 15 Madrid business days after the date of exercise of the Over-allotment Option and in the manner contemplated in the Stock Loan Agreement.
For the purpose of this Agreement, "PRO RATA CALCULATION" shall mean a pro rata application of Sections 6.1, 6.2 and 6.3 of the Stock Loan Agreement as described in EXHIBIT C to this Agreement, taking into consideration the number of full months worked and the Company's performance data through the last quarter having ended 45 days or more prior to the termination date, notwithstanding the fact that such sections of the Stock Loan Agreement do not provide for such pro rata application.
The Board, or its Compensation Committee as determined by the Board, shall be (i) solely responsible for the interpretation and administration of the Stock Loan Agreement, and (ii) entitled to modify the Stock Loan Agreement (including, without limitation, performance criteria and targets) as necessary or appropriate to achieve the purposes and intents of the same in light of changing or extenuating circumstances.
The Stock Loan shall be made pursuant to a loan agreement between Company and Executive in the form of Exhibit A to this Agreement (the "Stock Loan Agreement"), under which the --------- shares so acquired (and any securities resulting from ownership of such shares) shall be pledged by Executive to the Company as collateral for amounts payable under the Stock Loan Agreement.
The Company shall have the right, without any notice to the Executive, to offset any amounts payable to the Company under the Fifty Thousand Dollar Note or the Stock Loan Agreement against any amount payable to the Executive pursuant to this Agreement.
By: Name: Title: Exhibit F Stock Loan Agreement STOCK LOAN AGREEMENT This Stock Loan Agreement (“Agreement”) is entered into and effective [ ], 2009 (“Effective Date”), by and between [ ] (“Lending Stockholder”), a stockholder of GetFugu, Inc., a Nevada corporation (“Company”), and ▇▇▇▇▇▇ International Investments, Ltd., a Bermuda exempted company (including its designees, successors and assigns, “Borrower”).
EXHIBIT B One Hundred Thousand Dollar Loan Agreement EXHIBIT C Stock Loan Agreement EXHIBIT B NOTE $100,000 San Francisco, California ____________, 1996 FOR VALUE RECEIVED, ▇▇▇▇▇ ▇.
Subject to receipt of any approvals required from any Governmental Entities to provide the necessary funding, including the payment of any dividend from Centennial to CIC, immediately prior to the Effective Time, CIC will repay in full the Promissory Note dated October 24, 2014 in the principal amount of $5,000,000 issued to Busey Bank pursuant to the Bank Stock Loan Agreement dated October 24, 2014 among CIC, CIC Intermediate Holdco, Inc.

More Definitions of Stock Loan Agreement

Stock Loan Agreement means the stock loan agreement dated as of the date hereof, between the Selling Shareholder and Deutsche Securities SA (Pty) Limited; STRATE means Shares Transactions Totally Electronic Limited; Subsequent Closing Date has the meaning given to it in clause 3.2; Subsidiary means the companies listed on Schedule 5 hereto; Summary Prospectus means the summary prospectus registered by the Registrar of Companies in terms of the Companies Act on January 29, 2003, used in connection with the South African Retail Offering; Taxes means any income, capital gains, withholding, value added, stamp, transfer or other tax or duty; Underwriter means each of the several Underwriters listed on Schedule 1 hereto; Underwriter Information means information furnished to the Company in writing by any Underwriter through the Joint Global Co-ordinators expressly for use in the Registration Statement, the Preliminary Prospectus or the Prospectuses as specified in Schedule 6 hereto; US Offering has the meaning given in Recital (A); US Prospectus means the prospectus, in final form, as amended or supplemented, to be used in connection with the US and Institutional Offerings, except for the offering to institutional investors in South Africa; US and Institutional Firm Shares means [•] Shares, in the form of Shares or ADSs, that are the subject of the US Offering and Institutional Offering; US and Institutional Purchase Price means R[•] per Share and $[•] per ADS; UST means uncertificated securities tax.

Stock Loan Agreement means each master securities loan agreement between the Buyer and a Borrower dated on or about the date of this agreement; and “Default” has the meaning given to that term in the Stock Loan Agreement.

Stock Loan Agreement has the meaning given that term in Section 2.3(a).

Stock Loan Agreement means the stock loan agreements between Citigroup Global Markets Limited and Lybica Holding BV and between Deutsche Bank AG, acting through its London Branch and Lybica Holding BV dated 19 September 2012 (as may be amended, supplemented or novated from time to time).

Stock Loan Agreement shall have the meaning set forth in the recitals hereto.