Shareholder Note definition

Shareholder Note means any Indebtedness for Borrowed Money extended by a Shareholder to ITC Investments or its Subsidiaries, other than through participation in a financing whose original lenders were primarily not Shareholders.

Shareholder Note has the meaning ascribed to such term in Section 7.3(g).

Shareholder Note means each note heretofore or hereafter executed and delivered by JFP payable to the order of the Borrower to evidence a Shareholder Loan.

Examples of Shareholder Note in a sentence

• General On 15 September 2010, the Issuer and the Shareholder Banks entered into a shareholder note purchase agreement (the Shareholder Note Purchase Agreement) under the terms of which the Issuer may from time to time issue Notes (the Shareholder Notes) and put such Shareholder Notes to the Shareholder Banks for the purposes of funding any shortfall in the funds available with the Issuer to pay the Final Redemption Amount in respect of a Series of Notes on the Relevant Maturity Date.

• As provided in the Payment Worksheet, payments for (a) the notes that you purchase through the Shareholder Note Purchase Right and (b) the Gotham Golf Corp common shares that you purchase through the exercise of your subscription rights, either in the basic subscription privilege or the oversubscription privilege, will be deducted directly from the Cash Consideration or the Cash and Note Consideration, as applicable, that you are entitled to receive.

• Under the Shareholder Note Purchase Agreement, each Shareholder Bank unconditionally and irrevocably undertakes to the Issuer that on the relevant Issue Date of the Shareholder Notes, upon the demand of the Issuerit will purchase each Shareholder Note offered by the Issuer at a price equal to 100 per cent.

• The Shareholder Notes must be in the form of VPS Notes and shall be issued in accordance with the terms and conditions set out in the Shareholder Note Purchase Agreement.

• Amounts loaned by PRE Lender to Borrower and evidenced by the 49 CEE Note and the 51 CEE Note shall then be lent by Borrower to BPZ E&P and such loans shall be evidenced by a note in the form attached hereto as Attachment K (the Shareholder Note).

More Definitions of Shareholder Note

Shareholder Note has the meaning set forth in Section 8.1.1.1. Shares mean all of the Participating Units of Newco.

Shareholder Note has the meaning set forth in Section 3.34.

Shareholder Note means the promissory note from the Company to Xxxxxx X. Xxxx Living Trust, dated December 14, 2005 as modified pursuant to an Allonge to Promissory Note dated April 12, 2007, in the original principal amount of $947,000.

Shareholder Note means the demand promissory note issued by the Borrower in favor of Theoxxxx X. Xxxxxxxxxx xxxing the Borrower's 1996 fiscal year in the original principal amount of $910,000, of which $710,000 is currently outstanding as of November, 1998, and any extension, renewal, modification, substitution or amendment thereof, and any other promissory notes, now or in the future, issued by the Borrower in favor of Theoxxxx X. Xxxxxxxxxx, xxd subject to a Subordination Agreement as set forth in Section 2.09 hereof.

Shareholder Note means that certain promissory note issued on January 1, 1991, as amended as of April 1, 1992 held by the Shareholder in the principal amount of $325,714.

Shareholder Note means the promissory note dated December 31, 1996 payable by Richxxx Xxxxxxxxxx xx the Company in the original principal amount of $442,121.

Shareholder Note means that certain Amended and Restated Secured Grid Note, dated January 16, 2015, between the Borrower and Xxxxxx X. Xxxxx, in a maximum principal amount not to exceed $285,000.