Shareholder Loan Amount definition

Shareholder Loan Amount means the outstanding portion of the principal amount of any loan provided by Geely or Etika to the Target or any of its Subsidiaries as of the date of the Put Exercise Notice, together with any accrued and unpaid interest thereon.

Shareholder Loan Amount has the meaning given to that term in Clause 2.2;

Shareholder Loan Amount means the amount required to redeem or as the case may be repay in full the Shareholder Loan Notes and the Shareholder Loan at Completion;

Examples of Shareholder Loan Amount in a sentence

• As of June 3, 2010, the undersigned will remit to the Company an amount of Fifty Thousand US Dollars ($50,000) (the "Shareholder Loan Amount").

• To the extent any portion of the Shareholder Loan Amount is not converted into share capital of the Target, the Put Option Price shall be reduced by an amount equal to the outstanding portion of the principal amount of any loan provided by Etika to any Target Group Company as of the Option Closing Date.

• In the event there is any outstanding loan provided by Geely to any Target Group Company as of the date of the Put Exercise Notice, Geely shall take any and all actions to convert all the Shareholder Loan Amount into share capital of the Target immediately after the date of the Put Exercise Notice.

• In the event there is any outstanding loan provided by Etika to any Target Group Company as of the date of the Put Exercise Notice, Etika shall take any and all actions to convert all the Shareholder Loan Amount into share capital of the Target immediately after the date of the Put Exercise Notice.

• The Parties acknowledge that none of the Share Consideration Amount, the Credit Agreement Debt Amount, the Locked Box Interest Amount or the Shareholder Loan Amount is subject to Dutch VAT.

• To the extent any portion of the Shareholder Loan Amount is not converted into share capital of the Target, the Put Option Price shall be reduced by an amount equal to the outstanding portion of the principal amount of any loan provided by Geely to any Target Group Company as of the Option Closing Date.

• On the date of execution of the Equity Interest Transfer Agreement, CS Hong Kong shall pay the Shareholder Loan Amount (if applicable) and the Provisional Option Price into (a) an escrow account with an independent escrow agent (“Escrow Account”) or (b) an account jointly controlled by Swire and CS Hong Kong where the withdrawal or transfer of any funds held therein requires the authorisation of both Swire and CS Hong Kong (“Joint Account”) pending the Onshore Option Completion.

• Concurrently therewith, the Holding GmbH Shareholders, as lenders, will grant a loan to Holding GmbH, as borrower, under a certain loan agreement (the “Back-to-Back Shareholder Loan”) with the principal amount being equal to the Distribution Amount and providing for an interest rate of 6% p.a. (the “Back-to-Back Shareholder Loan Amount” (i.e., the Back-to-Back Shareholder Loan Amount shall be equal to the Shareholder Loan Amount).

• If the Shareholder Loan Amount is more than A$4,350,000, Magnetica will issue only 87,000,000 Shares at A$0.05 per Share to retire A$4,350,000 of the Shareholder Loan Amount.

• With an emphasis on continual experimentation and new work, the ONE festival fostered an environment that encouraged and celebrated bold risks and transformative storytelling with familiar stories and new realms of cinema, poetry, costume design and interactive, participatory music-making.

More Definitions of Shareholder Loan Amount

Shareholder Loan Amount means, with respect to a Shareholder, the aggregate amount of the outstanding balance of the applicable Shareholder Loan to which such Shareholder is a party.

Shareholder Loan Amount has the meaning given in Clause 22.12(b)(ii);

Shareholder Loan Amount means the amount of the principal and accrued interest outstanding under the Shareholder Loans on the Closing Date;

Shareholder Loan Amount means the amount of the repayment claims under the Shareholder Loan Agreements outstanding on the Closing Date including any interest accrued thereon until and including the Closing Date.

Shareholder Loan Amount the amount of Shareholder Loans

Shareholder Loan Amount the total sum including principal and accrued or outstanding interest owing immediately prior to Completion by the Target Company to the Seller and/or any Seller’s Affiliate (having netted off all amounts owing by the Seller’s Affiliate to the Target Company) pursuant to the Shareholder Loans as shown in the Pro Forma Accounts or the Completion Accounts;