Shareholders' Agreements · glossary
The split of the £1,800,000 shareholder loans between the two lenders, at £20 for every A or B Share. So Ferris lends £1,100,000 and Aldous & Wren £700,000. Dr Sayer lends nothing. Definition: Funding Proportions · Clause 7.2 · Chapter 6
Explained in Chapter 6, Money, of Shareholders' Agreements.
The Funding Proportions split each drawing by the shares the two lenders hold, at £20 for every A or B Share. The C Shares are left out, because Dr Sayer does not lend. Clause 7.2 sets the split and adds the sentence that matters most to A&W…Read Chapter 6, Money →
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as between the A Shareholder and the B Shareholder, the proportions in which they hold the A Shares and the B Shares at Completion as set out in Schedule 1, so that each provides the same amount for every Share it holds;Read the definition in the document →
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