Shareholder Debt definition

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

Shareholder Debt means all present and future moneys, debts and liabilities due, owing or incurred from time to time by the Issuer to any Shareholder Creditor, including any dividends and any advisory, monitoring or management fee.

Shareholder Debt means any principal or interest due to the Corporation in respect of any indebtedness owing by the holder of any class or series of shares in the Corporation, including an amount unpaid in respect of a share issued by a body corporate on the date it was continued under the Act.

Examples of Shareholder Debt in a sentence

Each holder of Permitted Shareholder Debt shall have executed and delivered to the Lenders a subordination agreement, in substantially the form attached hereto as Exhibit H, satisfactory to the Lenders.
If an equity bridge is to be used or Shareholder Debt is to be invested by instalments, the mechanics will need to be set out in the Equity Subscription Agreement.
Where the outstanding B Shareholder Debt was advanced in tranches or forms to which differing terms apply, the right to acquire B Shareholder Debt shall be deemed to be a right to acquire an equal percentage of the total amount of each tranche or form of B Shareholder Debt.
Any person acquiring some or all of the B Shares pursuant to the provisions of this clause 9.4 and the Company Articles shall also have the right to (but shall not be required to) acquire a proportion of the B Shareholder Debt equal to the proportion that the B Shares being acquired represents to the total issued B Shares (and the B Shareholder shall transfer such B Shareholder Debt) in accordance with the terms of the relevant Shareholder Loan Agreement(s), this Agreement and the Company Articles.
The provisions of clause 4.2 and clause 4.3 relating to any additional issue of Shares shall apply with the necessary changes to any further issue of/ borrowing of Shareholder Debt.

Shareholder Debt means any principal or interest due in respect of any indebtedness owing by the holder of shares of any class or series of the Corporation, including, without limitation, an amount unpaid in respect of a share issued by a body corporate on the date it was continued under this Act;

Shareholder Debt means all present and future moneys, debts and liabilities due, without any cash interest, owing or incurred from time to time by any member of the Group to any Shareholder Creditor (as defined in the Intercreditor Agreement), including any dividends and any advisory, monitoring or management fee, which is subordinated in accordance with the Intercreditor Agreement.

Shareholder Debt means all present and future moneys, debts and liabilities due, owing or incurred from time to time by the Issuer to any Shareholder Creditor.

Shareholder Debt means all present and future moneys, debts and liabilities due, owing or incurred from time to time by the Issuer to the Parent.

Shareholder Debt means all present and future moneys, debts and liabilities due, owing or incurred by the Issuer to the Parent (including, for the avoidance of doubt, any Capital Injection Shareholder Loans).

Shareholder Debt means that certain Indebtedness (a) payable to Kxxxx X. Xxxxxxxxxxx in the aggregate principal amount of $96,200.00, (b) payable to Wxxxxxx Xxxxxx in the aggregate principal amount of $33,153.00, and (c) payable to EMTEECO Holdings Ltd. in the aggregate principal amount of $17,000.00, each as of the Closing Date.

Shareholder Debt means all future moneys, debts and liabilities due, owing or incurred from time to time by the Issuer to any shareholder of the Issuer that is a party to the Intercreditor Agreement as a “Shareholder Creditor”, including any dividends.