Shareholder Creditors definition

Shareholder Creditors means the Loan Note Creditor and the Original Shareholder Creditor.
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Shareholder Creditors means any Original Shareholder Creditor and any direct or indirect shareholder (or affiliate who is not a member of the Group) of the Senior Secured Notes Issuer (and their respective transferees and successors) which has made a loan or financial accommodation to the Senior Secured Notes Issuer or another member of the Group, which is not prohibited under the terms of the Credit Facility Documents, the Senior Secured Notes Documents and the Pari Passu Debt Documents and which accedes to this agreement by executing a Creditor/Creditor Representative Accession Undertaking in accordance with this Agreement and which has not ceased to be a Shareholder Creditor in accordance with this Agreement.
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Shareholder Creditors means each of Xxxxxx X. Xxxxxxxxx and Xxxxx Xxx, shareholders of the Seller.
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Examples of Shareholder Creditors in a sentence

  • Prior to the Final Discharge Date, the Shareholder Creditors may not take, accept or receive the benefit of any Security, guarantee, indemnity or other assurance against loss in respect of the Shareholder Liabilities.

  • The following services are carried out within the public service obligations scope: electricity transmission, transmission system operator (TSO), electricity distribution, distribution system operator (DSO), electricity supply to the tariff customers, and market operator.

  • Both the Closing Incentive Payment and the Price Increase Incentive Payment would be paid as a carve out from the distributions to Shareholder Creditors.

  • The Price Increase Incentive Payment would be earned and payable contemporaneous with payment of Shareholder Creditor Net Cash Sale Proceeds to the Shareholder Creditors, including on multiple occasions if there are multiple distributions to Shareholder Creditors.

  • This proposal is conditioned on all Shareholder Creditors other than the so-called 9% agreeing to the carve out.

  • For example, if Shareholder Creditor Net Cash Sale Proceeds equal $26.5 million, then the maximum amount of the Price Increase Incentive Payment would be $375,000, with the amount paid to Shareholder Creditors reduced from $26.5 million to $26.125 million if all KEIP participants are eligible for a share of the Price Increase Incentive Payment.

  • Any waiver or consent granted by the Majority Lenders in respect of any default or restriction or the like contained in or referred to in any of the Senior Finance Documents or Hedge Agreements shall for all purposes be deemed to have also been given (on the same terms and conditions, mutatis mutandis) by each of the Subordinated Shareholder Creditors in respect of the Subordinated Shareholder Documents.

  • If any KEIP Participant is not eligible to receive either the Closing Incentive Payment or the Price Increased Incentive Payment, then such KEIP Participant’s share of the Closing Incentive Payment or the Price Increased Incentive Payment shall be reduced from the total amount of the Closing Incentive Payment or the Price Increased Incentive Payment, as applicable, and distributed to the Shareholder Creditors.

  • The Obligors represent and warrant to the Secured Creditors that the Subordinated Shareholder Creditors comprise all of the persons to whom the Obligors owe any Subordinated Shareholder Debt and the Subordinated Shareholder Creditors represent and warrant to the Secured Creditors that the Obligors comprise all of the persons from whom the Subordinated Shareholder Creditors are owed any Subordinated Shareholder Debt.

  • Notwithstanding any term of this Agreement postponing, subordinating or preventing the payment of all or any part of the Shareholder Debt and Intercompany Debt, the relevant Shareholder Debt or Intercompany Debt shall, as between the Shareholder Creditors and Intragroup Creditors, be deemed to remain owing or due and payable (and interest, default interest or indemnity payments shall continue to accrue) in accordance with the relevant Debt Documents.


More Definitions of Shareholder Creditors

Shareholder Creditors means the Initial Shareholder Creditor and any person that becomes a Shareholder Creditor in accordance with Clause 8.4 (No acquisition of Shareholder Liabilities) or Clause 25.7 (New Shareholder Creditor).
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Related to Shareholder Creditors

  • Lender Creditors shall have the meaning provided in the recitals of this Agreement.

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

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

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

  • Other Creditors means any Lender or any Affiliate thereof and their successors, transferees and assigns if any (even if such Lender subsequently ceases to be a Lender under this Agreement for any reason), together with such Lender’s or Affiliate’s successors, transferees and assigns, with which the Parent and/or the Borrower enters into any Interest Rate Protection Agreements or Other Hedging Agreements from time to time.

  • Company Shareholders means holders of Company 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.

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

  • 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).

  • Target Shareholders means the holders of Target 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).

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • 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.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Senior Creditors means the Senior Agent, the Senior Lenders and any other Person who holds Senior Indebtedness.

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

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Principal Shareholders means Xxxx X. Xxxx, Xxx X. Xxxxxxx and Xxxxx X. Xxxxxx, and their respective assignees or successors in interest.

  • Locked-Up Shareholders means the Persons who are party to the Lock-Up Agreements.

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Beneficial Shareholders means shareholders who do not hold Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar entities that own securities on behalf of Beneficial Shareholders.

  • Subordinated Creditors means all creditors the indebtedness of which is subordinated, in the event of the Winding-Up of DSB, in right of payment to the claims of depositors and other unsubordinated creditors of DSB other than those whose claims rank or is expressed to rank by operation of law or contract pari passu with, or junior to, the claims of the Noteholders. For this purpose indebtedness shall include all liabilities, whether actual or contingent;

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