Existing Shareholder Loan definition

Existing Shareholder Loan means the existing shareholder loan in a principle amount of SEK 2,000,000 granted to the Issuer by the Main Shareholder before the First Issue Date.
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Existing Shareholder Loan means the intercompany loan dated December 18, 2018 entered into between the Controlling Shareholder and the Debtor, as amended and supplemented, from time to time.
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Existing Shareholder Loan means the existing SEK 50.6 million Shareholder Loan granted by C&M Stockholm AB to the Issuer (which accrues interest at the rate of five(5) per cent. per annum).
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Examples of Existing Shareholder Loan in a sentence

  • This Loan Agreement constitutes the entire agreement and understanding of the parties, and supersedes and replaces in their entirety any prior discussions, agreements, etc., including, without limitation, the Existing Shareholder Loan Agreement, all of which are merged herein.

  • The Lender shall have received evidence regarding the successful refinancing of the Existing Indebtedness (other than the Existing Shareholder Loan) (at the discretional satisfaction of the Lender).

  • Existing loan notes evidencing the Existing Shareholder Loan shall be cancelled on the Effective Date.

  • LISTING RULES IMPLICATIONS Each of the Existing Shareholder Loan and the transactions contemplated under the Existing Guarantee Agreement, on a standalone basis or when aggregated with each other, does not constitute a notifiable transaction of the Company under Chapter 14 of the Listing Rules, as none of the relevant Percentage Ratios exceeds 5%.

  • The Parties hereby agree that payments under the Existing Shareholder Loan are only allowed in accordance with the Permitted Purpose and in no event the outstanding amount under the Existing Shareholder Loan can be reduced to less than $27,000,000 (United States Dollars Twenty Seven Million) without the consent of the Lender.

  • The Company would be entitled to the retention sum of US$480,000 and the Existing Shareholder Loan of US$958,000.

  • Save as Disclosed and for Indebtedness under the Existing Shareholder Loan Agreement, the Groenzee Loan Agreement, the Caspian Loan Agreement and the Transaction Agreements, as of the Completion Date, the Company does not owe any Indebtedness to Sixth Energy or its directors or officers.

  • As one of the relevant Percentage Ratios for the Transactions, on a standalone basis and when aggregated with the Existing Shareholder Loan and the transactions contemplated under the Existing Guarantee Agreement in accordance with Rule 14.22 of the Listing Rules, exceeds 5% but is less than 25%, the Transactions constitute a discloseable transaction of the Company.

  • If the amount was less than the amount of the Existing Shareholder Loan the Moto Group would waive the difference.

  • Any and all credits that the shareholder of the Borrower has against the Borrower, other than the Existing Shareholder Loan shall be irrevocably subordinated to the credits arising from the Loan prior to any Disbursement.


More Definitions of Existing Shareholder Loan

Existing Shareholder Loan means the shareholder loan from Corral to Preem Petroleum in the total principal amount of SEK 2,259 million, as evidenced by a loan agreement dated 31 December 2000.
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Existing Shareholder Loan means the loans provided by the shareholders of the Group of approximately SEK 13,000,000 in aggregate as per the Issue Date.
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Existing Shareholder Loan means the shareholder loan dated 1 July 2005 between PPMC PSPS Nominees Ltd., PPMC BOS Nominees Ltd., PPMC Third Nominees Ltd., Georg Saint-Xxxxx, Xxxx-Xxxxxxx Graefe and Xxxxx Xxxxxxx, as lenders and BST Textiles as borrower.
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Existing Shareholder Loan the amounts due by any Group Company to Novel Synergy or, where applicable, its ultimate beneficial owners as at 31 December 2015 as set out in the unaudited combined management account of the Group for the year ended 31 December 2015. 31 December in each year.
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Existing Shareholder Loan means the existing shareholder loan in an approximate amount of SEK 2,235,000 granted to the Issuer by the Main Shareholder (directly or indirectly) before the Issue Date.
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Related to Existing Shareholder Loan

  • 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;

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

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

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

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

  • Existing Shares means shares of the Company Common Stock Beneficially Owned by Stockholder as of the date hereof.

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

  • 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.

  • Company Shareholders means holders of Company Shares.

  • Company Shareholder means a holder of Company Shares.

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

  • 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).

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Company Shareholder Meeting means a duly convened meeting of the Company’s shareholders called to obtain the Company Shareholder Approval, or any valid adjournment or postponement thereof made in accordance with this Agreement.

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

  • Ordinary Shareholder means a holder of ordinary shares;

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • Scheme Shareholders means the registered holders of Scheme Shares at the relevant time.

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

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

  • 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.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Ordinary Shareholders means the holders of Ordinary Shares;

  • Preferred Shareholder means any holder of Preferred Shares.

  • 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).

  • Stockholder Shares means all securities of the Company registered in the name of, or Beneficially Owned by the Stockholder Parties, including any and all securities of the Company acquired and held in such capacity subsequent to the date hereof.