In addition, Nexa will provide to Karmin a USD 700,000 demand loan
to cover certain expenses of the transaction the excess amount of which, if any, following the completion of the transaction will be transferred to SpinCo.
We demand loan
and free seed for the next sowing,' he said.
The excess OC in the programme is funded through the demand loan
, which ranks senior in repayment to covered bond holders should there be an enforcement of recourse to the cover pool.
The farmers were agitating to demand loan
waiver, reduction in electricity tariff and pension for farmers aged above 60.
(TSX VENTURE: FLY) (OTCQX: FLYLF) has amended its operating demand loan
(the "Line of Credit") with a Canadian chartered bank to increase its borrowing availability to CAD 1.5 million from USD 250,000, the company said.
Boyd Craig advanced to the company a demand loan
in the aggregate principal amount of CDN609,000, in relation to a commitment letter dated February 27, 2015, which is yet to receive approval from the TSXV.
He was primarily involved in disbursement of Working Capital Demand Loan
Apart from the revolving operating demand loan
, the agreement also includes a non-revolving CAD5m loan to be used by Wrangler West for acquisitions of crude oil and natural gas reserves and/or the development of existing reserves.
International Resource News-December 29, 2011--FairWest Energy Corporation to pay back USD8m demand loan
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On a demand loan
, the forgone interest and related compensation (i.e., the deemed transfers) are deemed to occur on December 31 each year.
signed a revolving operating demand loan
agreement, effective July 21, 2010.
(17) As already noted, in Dickman, the Supreme Court held that an interest-free demand loan
of cash from a parent to a child resulted in passage-of-time gifts equal to the foregone interest.