Shareholder Creditor definition

Shareholder Creditor means any direct or indirect shareholder of the Issuer in its capacity as creditor in respect of Shareholder Debt.
Shareholder Creditor means any direct or indirect shareholder of the Issuer in its capacity as creditor in respect of Shareholder Debt which has acceded to the Intercreditor Agreement as a Shareholder Creditor in accordance with the terms of the Intercreditor Agreement.
Shareholder Creditor means any creditor being a direct or indirect shareholder of the Issuer to which Subordinated Debt is outstanding and which accedes to the Intercreditor Agreement.

Examples of Shareholder Creditor in a sentence

  • No Shareholder Creditor is responsible for the obligations of any other Shareholder Creditor.

  • Each Obligor and Subordinated Shareholder Creditor agrees to the terms set out in Schedule 3 (Security Trustee).

  • For the avoidance of doubt, the obligations of each Shareholder Creditor under this Agreement are several.

  • This Deed does not purport to rank any of the Intragroup Liabilities (or any element thereof) between themselves, other than the On-Loan Liabilities, and does not purport to rank any of the Shareholder Creditor Liabilities (or any element thereof) between themselves.

  • Such person or entity shall become a Shareholder Creditor when the Security Agent executes an Accession Agreement duly completed and signed on behalf of that person.


More Definitions of Shareholder Creditor

Shareholder Creditor means any creditor being a direct or indirect shareholder of the Issuer which shall be subordinated pursuant to the Intercreditor Agreement.
Shareholder Creditor means the Original Shareholder Creditor and any direct or indirect shareholder of the Issuer, the Investor (as defined in the Senior Notes Terms and Conditions) and their respective Affiliates to the extent acceding to this Agreement as a Subordinated Creditor.
Shareholder Creditor means an Affiliate of the Shareholder or any other party which is from time to time a party to any Shareholder Finance Document (other than a Finance Party or the Borrower) or a creditor in respect of all or any part of the Shareholder Debt and any successors thereof and any assigns, transferees or substitutes therefor (whether pursuant to any assignment or other transfer or otherwise) which has acceded to this Agreement in accordance with Clause 23.11 hereof.”
Shareholder Creditor means any Shareholder Claimant who has lodged a Proof of Debt in the Scheme and who the Scheme Administrators have determined is entitled to share rateably in the Scheme Fund.
Shareholder Creditor means the Original Shareholder Creditors or any person which has become a Shareholder Creditor in accordance with Clause 22.1 (Assignments and Transfers by Creditors) or Clause 22.3 (Accession of Shareholder Creditors).
Shareholder Creditor means (a) Holdco, (b) Xxxxx and (c) any other person that has acceded to this Agreement as a Shareholder Creditor in accordance with Clause 24.2 (Accession of Shareholder Creditor).
Shareholder Creditor means the Original Shareholder Creditor[s] and any creditor being a direct or indirect shareholder of the Issuer to which Shareholder Loan is outstanding and which accedes to the Intercreditor Agreement.