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.

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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.

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

Examples of Shareholder Note in a sentence

• 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).

• Excluded from the foregoing representations and warranties are (i) any and all transactions relating to that certain Shareholder Note, dated June 30, 1995 in favor of Employer as amended by a Letter Agreement, dated October 1, 1996, and (ii) transactions disclosed to the Board done on terms at least as favorable to the Company as those which it could otherwise have obtained from unrelated third parties.

• Any such holders, in connection with receiving Notes pursuant to the Fractional Note Purchase Right, shall take priority over any holders exercising their Shareholder Note Purchase Rights (defined below).

• GS hereby ratifies the Amended and Restated Shareholder Note Intercreditor Agreement, dated as of July 13, 2006, among SAI, the Guarantor, the Collateral Agent and the Junior Subordinated Creditors.

• IPC Opco and IPC US each agree not to use the Net Cash of the Vasogen Companies (calculated as of the Effective Date) to pay any amounts owing from time to time under the Shareholder Note (other than up to $1,000,000 in the event the transactions contemplated in the Cervus Agreements are completed as part of the Arrangement) or for payment of the transaction costs or expenses of any IPC Company in connection with the transactions contemplated herein.

More Definitions of Shareholder Note

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

Shareholder Note has the meaning set forth in Section 3.2.

Shareholder Note means the demand promissory note issued by the Borrower in favor of Theo▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇ing 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 Theo▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, ▇▇d subject to a Subordination Agreement as set forth in Section 2.09 hereof.

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

Shareholder Note means any promissory notes or other instruments of Apex Sweden evidencing Shareholder Debt.

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

Shareholder Note means the promissory note from the Company to ▇▇▇▇▇▇ ▇. ▇▇▇▇ 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.