Existing Shareholder Loans definition

Existing Shareholder Loans means the RFA Loan and the five separate bridge facility agreements entered into between the Borrower and each of Dxxxx Xxxxxx, Jxxx Xxxxxx, Kxxxx Xxxxxx, Sxxxxxx Xxxx XXX and Sxxxxxx Xxxx III Exempt Trust, respectively, dated 26 October 2021, as amended and restated on or about the Restatement Date;

Existing Shareholder Loans means the loans from Bertil Rydevik and Jonas Åkerman in an aggregate amount of SEK 8,700,000 to Brandholmen Projektgrossist 1 AB.

Existing Shareholder Loans means the shareholder loans granted to the Issuer and existing on the date of the bond issue in the total aggregate amount of approximately SEK 47,000,000.

Examples of Existing Shareholder Loans in a sentence

• The Issuer shall use the proceeds from the issue of the Bonds, less the costs and expenses incurred by the Issuer in connection with the issue of the Bonds, for (i) refinance the Existing Debt and the Existing Shareholder Loans, and (ii) general corporate purposes (including acquisition of properties).

• The value of the shares acquired from the Transaction is the Final Share Price while the value of the Existing Shareholder Loans transferred to the Purchaser is the Final Loan Acquisition Costs, as per the details and conditions in item 3.2 above.

• As set out in Paragraph 3.4(b)(iii) of this Circular, at Completion and upon discharge of the Existing Shareholder Loans, the Company will pay the Proposed Subscriber the difference between the Loan Amount and the principal amount of the Perpetual Securities issued by means of a Singapore dollar cheque drawn on a bank in Singapore.

• On 28 February 2009, the Expenditures amounted to USD 134,477,725.00 and the Existing Shareholder Loans (interest included) amounted to USD 124,955,536.00.

• With the Proposed Shareholder Loan Conversion, the Company will be in a much stronger financial position to tap on the capital markets to fund future growth opportunities, given that the encumbrances over the assets of the Company from the Existing Shareholder Loans will be removed and the gearing ratio will also improve from 2.5 times to 0.6 times as at 31 December 2020.

More Definitions of Existing Shareholder Loans

Existing Shareholder Loans means (i) the £300,000,000 promissory note issued by Odeon and UCI Cinemas Holdings Limited to American Multi- Cinema, Inc. dated 17 September 2019 as amended and/or restated from time to time; and (ii) the £120,000,000 loan facility from American Multi- Cinema, Inc. to Odeon Cinemas Limited, dated 22 July 2020 as amended and/or restated from time to time.

Existing Shareholder Loans means collectively the three shareholder loans made by CNC HK to the Borrower on 15 March 2004, 25 March 2004 and 1 April 2004 respectively and the shareholder loan made by CNC International to the Borrower on 7 April 2004, and which together with all interest and other costs in respect thereof in aggregate do not at the Effective Date exceed US$20,900,000.

Existing Shareholder Loans means the convertible loans that have been made to the Borrower by existing shareholders in the Borrower in the principal amount of £1,072,900 in aggregate plus any accrued but unpaid interest thereon and any other amounts accrued or outstanding in connection with such loans.

Existing Shareholder Loans means the existing Financial Indebtedness of the Group (in the aggregate principal amount of approximately USD 18,600,000) under:

Existing Shareholder Loans means the loans outstanding on the Closing Date (which shall not be amended, supplemented, amended and restated or otherwise modified in a manner that is adverse to the interests of the Loan Parties or the Lenders without the prior written consent of Agent) under each of (i) the Promissory Notes dated October 4, 2021 and October 14, 2021, each in the original principal amount of $5,824,308.06 made by Borrower in favor of Stammtisch Investments LLC, (ii) the Promissory Notes dated October 6, 2021 and October 13, 2021, each in the original principal amount of $2,387,484.96 made by Borrower in favor of Bayshore Capital LLC, (iii) the Promissory Notes dated October 11, 2021 and October 28, 2021, each in the original principal amount of $1,788,206.98 made by Borrower in favor of Revolve Capital LLC, (iv) the Promissory Note dated October 19, 2021 in the original principal amount of $2,912,000.00 made by Borrower in favor of Stammtisch Investments LLC, (v) the Promissory Note dated November 19, 2021 in the original principal amount of $1,194,000.00 made by Borrower in favor of Bayshore Capital LLC and (vi) the Promissory Note dated November 19, 2021 in the original principal amount of $894,000.00 made by Borrower in favor of Revolve Capital LLC.

Existing Shareholder Loans means, collectively:

Existing Shareholder Loans means all loans provided by the current or previous direct and indirect shareholders of the Issuer as of the Issue Date and which according to their terms are subordinated to all unsubordinated indebtedness of the Issuer and where no payment of principal or interest can be demanded by the creditors during the lifetime of the Bonds.