Shareholder Loan Agreement definition

Shareholder Loan Agreement means collectively, that certain (i) senior convertible subordinated note, dated as of December 9, 2013, issued by Holdings in favour of the Shareholder and (ii) any unsecured junior convertible subordinated promissory grid notes issued from time to time by Holdings in favor of the Shareholder in connection with the reinvestment by the Shareholder of a portion of the interest paid by Holdings on the Shareholder Subordinate Debt in accordance with the Shareholder Subordination Agreement, in the case of each of the notes described in the foregoing clauses (i) and (ii), as such agreement may be amended, revised, replaced, supplemented or restated from time to time in accordance with the terms of the Shareholder Subordination Agreement, including increases to the principal amount outstanding thereunder as set forth therein.

Shareholder Loan Agreement means each agreement entered into between a Vessel Sponsor and the Borrower under which a Vessel Sponsor makes available Shareholder Loans to the Borrower;

Shareholder Loan Agreement means the shareholder loan agreement under which the Shareholder Debt (except for any Capital Injection Shareholder Loans) is granted from the Parent to the Issuer.

Examples of Shareholder Loan Agreement in a sentence

• Unless otherwise defined herein, terms defined in the Shareholder Loan Agreement and used herein shall have the meanings given to them in the Shareholder Loan Agreement.

• The principal amount shall be paid in the amounts and on the dates specified in the Shareholder Loan Agreement.

• The Borrower further agrees to pay interest in like money at such office on the unpaid principal amount hereof from time to time outstanding at the rates and on the dates specified in the Shareholder Loan Agreement.

• The Issuer agrees that it will comply with the terms of the Shareholder Loan Agreement and the Subordination Agreement and that any Financial Indebtedness created under the Shareholder Loan Agreement is and continues to be subordinated to the Debentures under the terms of the Subordination Agreement.

• In this case in which the parties agree on practically nothing, everyone agrees that Norman sought the same set of damages through the claim of breach by failure to make pro rata distributions and the claim of breach by entering the Shareholder Loan Agreement.

More Definitions of Shareholder Loan Agreement

Shareholder Loan Agreement means an agreement in an agreed form documenting a Shareholder Loan.

Shareholder Loan Agreement means the Shareholder Loan Agreement among the Borrower and the Shareholders dated July 5, 2018, as amended by an Amendment Agreement No. 1 dated August 27, 2018, an Amendment Agreement No. 2 dated October 1, 2018, an Amendment Agreement No. 3 dated November 7, 2018 and an Amendment Agreement No. 4 dated March 6, 2020.

Shareholder Loan Agreement means the $150,000,000 revolving loan facility agreement dated 29 November 2021 (as amended, restated and novated from time to time) between the Borrower and Vaalco Gabon pursuant to which the Borrower may advance loans to Vaalco Gabon;

Shareholder Loan Agreement means the amended and restated shareholder loan agreement dated 31 August 2010 entered into between HLNG, MOL, TLT and the Borrower under which Shareholder Loans are being made available to the Borrower as amended and restated and entered into between MOL, OPCO, TLT and the Borrower and the related novation deed entered into between MOL, HLNG, OPCO, TLT and the Borrower;

Shareholder Loan Agreement means the credit agreement, dated as of the date hereof, among the Rollover Purchasers as borrowers thereunder and Swift Nevada as the lender thereunder, as the same may be amended, supplemented, amended and restated or otherwise modified from time to time in accordance with the terms thereof and this Agreement.

Shareholder Loan Agreement means the agreement in the form set out in Annexure D as amended in accordance with clause 35 from time to time.

Shareholder Loan Agreement means the shareholder loan agreement entered into on April 2, 2020 by and between the Company and Purchaser.