New Shareholder Injections means the aggregate amount subscribed for by any person (other than a member of the Covenant Group) for ordinary shares in the Borrower or for subordinated loans or other subordinated debt instruments in the Borrower, provided that such subordinated loans or other subordinated debt instruments are subordinated on terms acceptable to the Facility Agent.
New Shareholder Injections has the meaning given to that term in Clause 22.1 (Financial definitions).
New Shareholder Injections means the aggregate amount subscribed for by any person (other than a member of the Group) for equity share capital in the Licensee.
Examples of New Shareholder Injections in a sentence
If the Issuer fails (or would otherwise fail) to comply with the Leverage Ratio set out in paragraph (b) of Clause 14.4.1 for any Relevant Period, and within 25 Business Days of delivery of the compliance certificate for that Relevant Period, the Issuer receives net cash proceeds from any New Shareholder Injections (a “Cure Amount”), then the Leverage Ratio shall be recalculated giving effect to a pro forma adjustment by reducing Total Interest Bearing Debt by the Cure Amount.
More Definitions of New Shareholder Injections
New Shareholder Injections means the cash proceeds received by the Parent in respect of the aggregate amount subscribed for by any person (other than a member of the Group) for ordinary shares in the Parent or in respect of any Sponsor Group Loan, in each case, after the 2016 Amendment and Restatement Effective Date.
New Shareholder Injections means the net cash proceeds received by the Company after the date of this Agreement from any of the Company’s direct or indirect shareholders from any subscription by that shareholder in cash for shares of the Company or capital contribution to the Company that does not result in the occurrence of a Change of Control.
New Shareholder Injections means the aggregate amount subscribed for by any person (other than a member of the Group) for ordinary shares in the Issuer or for subordinated loan notes or other subordinated debt instruments in the Issuer on terms acceptable to the Agent.
New Shareholder Injections means the aggregate amount (net of applicable costs and Taxes) received by the Borrower from the Parent by way of subscription by the Parent after the Closing Date for ordinary shares in the Borrower or the making available by the Parent of Parent Loans to the Borrower, provided that for the purposes of Clause 22 (Financial covenants) and the related definitions or any permission or usage under or in respect of the Finance Documents (including for the purposes of determining any Non-Operating Sources), New Shareholder Injections shall exclude any such amount, subscription, Parent Loans (and the proceeds relating thereto) made:
New Shareholder Injections means the aggregate amount (net of applicable costs and Taxes) received by the Borrower from the Parent by way of subscription by the Parent after the Closing Date for ordinary shares in the Borrower or the making available by the Parent of loans or other debt to the Borrower which loans or other debt are subordinated to the Facility under the terms of the Intercreditor Agreement or otherwise on terms acceptable to the Majority Lenders (acting reasonably), provided that for the purposes of Clause [●] [(Financial covenants)] of the Facility Agreement and the related definitions or any permission or usage under or in respect of the Finance Documents (including for the purposes of determining any Non-Operating Sources), New Shareholder Injection shall exclude any such amount, subscription, loans or other debt instrument (and the proceeds relating thereto) made:
New Shareholder Injections means the aggregate amount (net of applicable costs and Taxes) received by the Company from the Parent by way of subscription by the Parent after the Closing Date for ordinary shares in the Company or the making available by the Parent of Parent Loans to the Company, provided that for the purposes of Clause 22 (Financial covenants) and the related definitions or any permission or usage under or in respect of the Finance Documents (including for the purposes of determining any Non-Operating Sources), New Shareholder Injections shall exclude any such amount, subscription, Parent Loans (and the proceeds relating thereto) made:
New Shareholder Injections means the aggregate amount of New Equity and/or New Subordinated Liabilities.