Stockholder Debt definition

Stockholder Debt means, with respect to any Acquired Company, (a) Sellers Stockholder Debt and (b) Minority Interest Stockholder Debt.
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Stockholder Debt has the meaning set forth in Section 4.7.
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Stockholder Debt means the amount owing to the Company or a Company Subsidiary as of the Closing pursuant to those certain promissory notes described on Schedule 1.1(d).
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Examples of Stockholder Debt in a sentence

  • Shares Issued for Extinguishment of Stockholder Debt In the event the Company does not obtain other financing by December 31, 1996, 15,257,579 shares issued for extinguishment of stockholder debt shall become void and interest shall continue to accrue, effective January 1, 1996, under all indebtedness otherwise converted.

  • Prior to or within five (5) Business Days following the Effective Date, NEAH may incur additional Stockholder Debt of up to $357,600.

  • As at the date hereof and at the Effective Date of the Merger, the outstanding amount of all Stockholder Debt is $142,400 and the aggregate amount owed by NEAH in respect of the Novellus Obligations is $150,000.

  • Except as set forth on Schedule 4.11, no Intermediate Holding Company has (a) any assets other than Cash, Intercompany Debt Receivables, Sellers Stockholder Debt, Equity Interests and/or purchase accounting intangible assets or (b) any obligations or liabilities other than (i) Debt and/or (ii) obligations or liabilities with respect to Minority Equity Holders pursuant to Minority Equity Agreements or applicable Law.

  • The number of Exchange Shares that shall be issued to a Principal Stockholder shall equal the quotient obtained by dividing (i) the Remaining Stockholder Debt owed to the Principal Stockholder as of the Closing by (ii) the average VWAP for the ten trading day period ending as of the Closing Date.

  • This Section 4.3 shall not apply at such time as the provisions of the Stockholder Debt Agreements shall not apply to the Company, including such time as the Company is not a Restricted Subsidiary (as defined in the Stockholder Debt Agreements) under the Stockholder Debt Agreements.

  • Immediately prior to the Effective Time, Acquiror shall cause to be paid (i) all principal and accrued interest outstanding under any debt to stockholders ("Stockholder Debt") and (ii) all principal and accrued interest outstanding under the Loan Agreement dated as of May ___,1998 between Acquiror and the Company and the Promissory Note of the Company in favor of Acquiror of the same date ("Bridge Loan Debt").

  • Centennial Fund IV, L.P. shall have delivered to the Agent executed but undated releases, in form and substance satisfactory to the Agent, of all Liens held by it securing Stockholder Debt, which the Agent shall have the right to file for record upon the occurrence and during the continuance of an Event of Default.

  • As of the date hereof, the outstanding principal amount of the RX Stockholder Debt is $240,000.

  • At the Closing, Macrovision shall wire (i) $254,716 to an account previously designated in writing by the Company, which payment shall be in full satisfaction of the Company’s outstanding indebtedness to Xx. Xxx Xxxxxx and (ii) an amount equal to the Controlling Stockholder Debt to an account previously designated in writing by the Company, which payment shall be in full satisfaction of the Company’s outstanding indebtedness to the Controlling Stockholder.


More Definitions of Stockholder Debt

Stockholder Debt means the aggregate amounts due under the promissory notes set forth on Section 1.1(e) of the Disclosure Schedule outstanding as of immediately prior to the Effective Time.
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Stockholder Debt means that certain indebtedness of Borrower due to MA Xxxxxxx Family Limited Partnership I, Xxxxxxx Family Limited Partnership I and Xxxxx Xxxxxx, the former principal shareholders of Borrower's subsidiary, Xxxxxxx Corporation, in the principal amount of $8,000,000.00 and payable in the year 2030.
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Stockholder Debt means all Indebtedness of the Company owing to any Company Stockholders (other than any Disqualified Stockholder) at any time, or representing loans originally made to the Company by any person who was a Company Stockholder (other than any Disqualified Stockholder) at the time the loan was made.
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Stockholder Debt means any obligation of Seller for borrowed money, capital leases, similar obligations, or debts of any kind owed to the Stockholders.
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Stockholder Debt means the Indebtedness of the Borrower to ---------------- Centennial Fund IV, L.P. pursuant to the Securities Purchase Agreement.
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Related to Stockholder Debt

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

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Company Indebtedness means all indebtedness of the Company (including without limitation, any loans, advances, letters of credit, bank overdrafts, capital lease obligations and all other indebtedness of any kind including interest, principal and fees).

  • Stockholder Shares means the shares of common stock of the Company issued to Stockholder in accordance with the terms and conditions of the Reorganization Agreement, including such shares of common stock of the Company transferred from Stockholder to The Cendant Charitable Foundation, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

  • Permitted Holdings Debt has the meaning assigned to such term in Section 6.01(a)(xviii).

  • Acquisition Debt means any Indebtedness incurred by the Borrower or any of its Subsidiaries for the purpose of financing, in whole or in part, a Material Acquisition and any related transactions or series of related transactions (including for the purpose of refinancing or replacing all or a portion of any pre-existing Indebtedness of the Borrower, any of its Subsidiaries or the person(s) or assets to be acquired); provided that (a) the release of the proceeds of such Indebtedness to the Borrower and/or its Subsidiaries is contingent upon the consummation of such Material Acquisition and, pending such release, such proceeds are held in escrow (and, if the definitive agreement (or, in the case of a tender offer or similar transaction, the definitive offer document) for such acquisition is terminated prior to the consummation of such Material Acquisition or if such Material Acquisition is otherwise not consummated by the date specified in the definitive documentation relating to such Indebtedness, such proceeds shall be promptly applied to satisfy and discharge all obligations of the Borrower and/or its Subsidiaries in respect of such Indebtedness) or (b) such Indebtedness contains a “special mandatory redemption” provision (or other similar provision) or otherwise permits such Indebtedness to be redeemed or prepaid if such Material Acquisition is not consummated by the date specified in the definitive documentation relating to such Indebtedness (and if the definitive agreement (or, in the case of a tender offer or similar transaction, the definitive offer document) for such Material Acquisition is terminated in accordance with its terms prior to the consummation of such Material Acquisition or such Material Acquisition is otherwise not consummated by the date specified in the definitive documentation relating to such Indebtedness, such Indebtedness is so redeemed or prepaid within 90 days of such termination or such specified date, as the case may be).

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Shareholder Loan means any shareholder loan to the Borrower that:

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • 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:

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Qualified Stockholder means: (a) the record holder of a share of Class B Common Stock as of the IPO Date; (b) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the IPO Date pursuant to the exercise or conversion of any Option or Convertible Security that, in each case, was outstanding as of the IPO Date; (c) each natural person who, prior to the IPO Date, Transferred shares of capital stock of the Corporation to a Permitted Entity that is or becomes a Qualified Stockholder; (d) each natural person who Transferred shares of, or equity awards for, Class B Common Stock (including any Option exercisable or Convertible Security exchangeable for or convertible into shares of Class B Common Stock) to a Permitted Entity that is or becomes a Qualified Stockholder; and (e) a Permitted Transferee.

  • Permitted Holder Group shall have the meaning assigned to such term in the definition of “Permitted Holders.”

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Excluded Shares has the meaning set forth in Section 2.1(b).

  • Acquisition Indebtedness any Indebtedness of the Company or any of its Subsidiaries that has been issued for the purpose of financing, in whole or in part, a Material Acquisition and any related transactions or series of related transactions (including for the purpose of refinancing or replacing all or a portion of any pre-existing Indebtedness of the Company, any of its Subsidiaries or the person(s) or assets to be acquired); provided that (a) the release of the proceeds thereof to the Company and its Subsidiaries is contingent upon the consummation of such Material Acquisition and, pending such release, such proceeds are held in escrow (and, if the definitive agreement (or, in the case of a tender offer or similar transaction, the definitive offer document) for such acquisition is terminated prior to the consummation of such Material Acquisition or if such Material Acquisition is otherwise not consummated by the date specified in the definitive documentation relating to such Indebtedness, such proceeds shall be promptly applied to satisfy and discharge all obligations of the Company and its Subsidiaries in respect of such Indebtedness) or (b) such Indebtedness contains a “special mandatory redemption” provision (or other similar provision) or otherwise permits such Indebtedness to be redeemed or prepaid if such Material Acquisition is not consummated by the date specified in the definitive documentation relating to such Indebtedness (and if the definitive agreement (or, in the case of a tender offer or similar transaction, the definitive offer document) for such Material Acquisition is terminated in accordance with its terms prior to the consummation of such Material Acquisition or such Material Acquisition is otherwise not consummated by the date specified in the definitive documentation relating to such Indebtedness, such Indebtedness is so redeemed or prepaid within 90 days of such termination or such specified date, as the case may be).

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Permitted Secured Indebtedness any Secured Indebtedness that:

  • Subordinate Voting Shares means subordinate voting shares in the capital of the Company.

  • Parent Stockholders means the holders of Parent Common Stock.

  • Consolidated Senior Indebtedness means, at any time, the amount of all Consolidated Indebtedness at such time, less the aggregate principal amount of all such Indebtedness outstanding at such time which is subordinated to the Obligations on customary market subordination terms reasonably satisfactory to the Administrative Agent.

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

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Parent Stockholders Meeting has the meaning set forth in Section 6.2(b).

  • Intercompany Indebtedness means Indebtedness of Company or any of their respective Subsidiaries which is owing to any member of such group.