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 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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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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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).


More Definitions of Existing Shareholder Debt

Existing Shareholder Debt has the meaning set forth in Section 3.1(y).
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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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Related to Existing Shareholder Debt

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

  • Existing Shareholders has the meaning set forth in the preamble.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Existing Shares means, with respect to the Stockholder, the number of Company Shares Beneficially Owned and/or owned of record by the Stockholder as of the date hereof, as set forth on Schedule A.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Shareholder Loan means any shareholder loan to the Borrower that:

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

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • 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.

  • Stockholder Shares means the shares of common stock of the Company issued to Stockholder in accordance with the terms and conditions of the Reorganization Agreement, including such shares of common stock of the Company transferred from Stockholder to The Cendant Charitable Foundation, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

  • Company Shares has the meaning set forth in the Recitals.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

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

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Class A Shareholder means a holder of Class A Shares;

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

  • 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.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Company Shareholder means any holder of any Company Shares.

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

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

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

  • Common Shareholders means the holders of the Common Shares.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.