Shareholder Loan Principal definition

Shareholder Loan Principal means at any time the principal amount of a Shareholder Loan;
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Examples of Shareholder Loan Principal in a sentence

  • Loan payable for the Company is comprised of the following: June 30,2021 December 31,2020Private Shareholder Loan: Principal$- On September 4, 2015, the Company entered into an arm’s-length loan agreement with an individual shareholder of the Company (the “Private Shareholder”), through which the Private Shareholder lent US $5.0 million (C$6.68 million) to the Company for a five-year period at a 6.5% headline interest rate (the “Private Shareholder Loan”).

  • Loan payable for the Company is comprised of the following: September 30,2021 December 31,2020Private Shareholder Loan: Principal$- On September 4, 2015, the Company entered into an arm’s-length loan agreement with an individual shareholder of the Company (the “Private Shareholder”), through which the Private Shareholder lent US $5.0 million (C$6.68 million) to the Company for a five-year period at a 6.5% headline interest rate (the “Private Shareholder Loan”).

  • Loans payable for the Company is comprised of the following: March 31,2021 December 31,2020Private Shareholder Loan: Principal$- On September 4, 2015, the Company entered into an arm’s-length loan agreement with an individual shareholder of the Company (the “Private Shareholder”), through which the Private Shareholder lent US $5.0 million (C$6.68 million) to the Company for a five-year period at a 6.5% headline interest rate (the “Private Shareholder Loan”).

  • Loan payable for the Company is comprised of the following: December 31,2021 December 31,2020Private Shareholder Loan: Principal$- On September 4, 2015, the Company entered into an arm’s-length loan agreement with an individual shareholder of the Company (the “Private Shareholder”), through which the Private Shareholder lent US $5.0 million (C$6.68 million) to the Company for a five-year period at a 6.5% headline interest rate (the “Private Shareholder Loan”).

Related to Shareholder Loan Principal

  • Shareholder Loan means a loan which is granted by an AIF to an undertaking in which it holds directly or indirectly at least 5 % of the capital or voting rights, and which cannot be sold to third parties independently of the capital instruments held by the AIF in the same undertaking;

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

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

  • Note A-2 Principal Balance” set forth on the Mortgage Loan Schedule, less any payments of principal on Note A-2 received by the Note A-2 Holder or reductions in the principal balance thereof pursuant to Section 3 or 4, as applicable.

  • Class A Shareholder means a holder of Class A Shares;

  • Liquidation Principal The principal portion of Liquidation Proceeds received with respect to each Mortgage Loan which became a Liquidated Mortgage Loan (but not in excess of the principal balance thereof) during the Prior Period.

  • The Principal means the Principal of the College, or the Principal’s authorised representative.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Subordinated Shareholder Funding means, collectively, any funds provided to the Issuer by any Parent, any Affiliate of any Parent or any Permitted Holder or any Affiliate thereof, in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, in each case issued to and held by any of the foregoing Persons, together with any such security, instrument or agreement and any other security or instrument other than Capital Stock issued in payment of any obligation under any Subordinated Shareholder Funding; provided, however, that such Subordinated Shareholder Funding:

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Original Lower-Tier Principal Amount With respect to any Class of Uncertificated Lower-Tier Interest, the initial principal amount thereof as of the Closing Date, in each case as specified in the Preliminary Statement.

  • Member Loan is defined in Section. 3.03(b).

  • Total loan amount means the principal of the loan minus those

  • Note A-9 Holder means the Initial Note A-9 Holder or any subsequent holder of Note A-9, as applicable.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Note A-6 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-6 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-6 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Certificate Principal means principal payable in respect of the Investor Certificates of any Series pursuant to Article IV of this Agreement.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

  • Note A Principal Balance means, as of any date of determination, the aggregate Note Principal Balance of the A Notes.

  • Lower-Tier Principal Amount As described in the Preliminary Statement.

  • Note A-7 Holder means the Initial Note A-7 Holder or any subsequent holder of Note A-7, as applicable.

  • Note A-8 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-8 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-8 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Note A-7 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-7 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-7 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.