Existing Shareholder Debt definition

Existing Shareholder Debt means the shareholder debt owed by the Issuer on the First Issue Date in the total aggregate amount of SEK 37,000,000.
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Existing Shareholder Debt has the meaning set forth in Section 3.1(y).
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Existing Shareholder Debt means any and all intercompany balances (including for the avoidance of doubt any interest accrued on the principal amount thereof) between a Group Company and the Seller;
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Examples of Existing Shareholder Debt in a sentence

  • All outstanding indebtedness by Enertel to the Enertel Shareholders (the "Existing Shareholder Debt") shall, concurrently with the making of the Term Loan, be repaid or canceled (or such other arrangements shall have been made for dealing with such indebtedness which are satisfactory to the Administrative Agent).

  • Written notice of a Development Application will be sent to those persons who appear to the Council to own or occupy land adjoining and neighbouring an application site if, in the Council's opinion, the enjoyment of that land may be detrimentally affected by the development proposal.


More Definitions of Existing Shareholder Debt

Existing Shareholder Debt the amount (including, for the avoidance of doubt, principal plus accrued interest) outstanding and any premium or pre-payment fees (if any), required to be paid, on redemption or repayment to the holders of the following instruments in accordance with their respective terms and conditions: (i) the eight hundred thousand (800,000) 3% convertible preferred equity certificates issued by the Company to the Institutional Seller, dated 3 February 2006; (ii) the twenty two million five hundred and sixty nine thousand eight hundred and fifty eight (22,569,858) 6.53% preferred equity certificates issued by the Company to the Institutional Seller, dated 3 February 2006 (and as amended on 27 March 2009); (iii) the one million six hundred and seventeen thousand six hundred and forty two (1,617,642) 7% contingent preferred equity certificates issued by the Company to the Institutional Seller, dated 3 February 2006 (and as amended and supplemented on 27 March 2009); (iv) an intra-group loan agreement in the principal amount of €750,000 between the Company and the Institutional Seller, dated 7 November 2006 (and as amended on 27 March 2009); in each case after taking into account the PEC Capitalisation Transaction; and (v) the loan between DBApparel S.A.S. and the Institutional Seller entered into as consideration for the execution of the Settlement Agreement, as set out in Schedule 6 (Post Completion Adjustments);
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Existing Shareholder Debt the indebtedness incurred (in SEK) pursuant to (i) a loan agreement between Itiviti AB and Cidron Delphi Limited dated 12 January 2016 (the “2016 Loan”), and (ii) a loan agreement between Itiviti AB and Cidron Delfi Limited dated 11 January 2017 (the “2017 Loan”), each as amended by an extension letter between the parties dated 3 January 2019 (including all accrued interest thereon), which as at the date of this Agreement is estimated to be: (y) SEK16,165,888.93 in outstanding principal and SEK265,740.64 in outstanding interest in respect of the 2016 Loan and (z) SEK14,965,377.95 in outstanding principal and SEK249,286.30 in outstanding interest in respect of the 2017 Loan, and which will continue to accrue until Closing at a rate of 8% per annum unless payments are made prior to Closing;
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Related to Existing Shareholder Debt

  • Shareholder Loan means a loan which is granted by an AIF to an undertaking in which it holds directly or indirectly at least 5 % of the capital or voting rights, and which cannot be sold to third parties independently of the capital instruments held by the AIF in the same undertaking;

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Shareholder Loans means any shareholder loan made to the Issuer as debtor, if such loan:

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Company Shares means the common shares in the capital of the Company;

  • Existing Debt means Debt of each Loan Party and its Subsidiaries outstanding immediately before the occurrence of the Effective Date.

  • Purchaser Preferred Stock means the shares of preferred stock, par value $0.0001 per share, of the Purchaser.

  • Senior Non Preferred Liabilities means any unsubordinated and unsecured senior non preferred obligations (créditos ordinarios no preferentes) of Banco Santander under Additional Provision 14.2º of Law 11/2015 (including any senior non preferred debt securities) and any other obligations which, by law and/or by their terms, and to the extent permitted by Spanish law, rank pari passu with the Senior Non Preferred Liabilities.

  • Company Shareholder means a holder of Company Shares.

  • Company Shareholder Meeting has the meaning set forth in Section 5.13(b).

  • Subordinate Voting Shares means the subordinate voting shares in the capital of the Company.