Shareholder Loan Agreement definition

Shareholder Loan Agreement means collectively, that certain (i) senior convertible subordinated note, dated as of December 9, 2013, issued by Holdings in favour of the Shareholder and (ii) any unsecured junior convertible subordinated promissory grid notes issued from time to time by Holdings in favor of the Shareholder in connection with the reinvestment by the Shareholder of a portion of the interest paid by Holdings on the Shareholder Subordinate Debt in accordance with the Shareholder Subordination Agreement, in the case of each of the notes described in the foregoing clauses (i) and (ii), as such agreement may be amended, revised, replaced, supplemented or restated from time to time in accordance with the terms of the Shareholder Subordination Agreement, including increases to the principal amount outstanding thereunder as set forth therein.

Shareholder Loan Agreement means each agreement entered into between a Vessel Sponsor and the Borrower under which a Vessel Sponsor makes available Shareholder Loans to the Borrower;

Shareholder Loan Agreement means the shareholder loan agreement under which the Shareholder Debt (except for any Capital Injection Shareholder Loans) is granted from the Parent to the Issuer.

Examples of Shareholder Loan Agreement in a sentence

• As a result, all of Ms. Leelalertsuphakun Wanee, Ms. Lee Siu Fong and Dr. Li Xiaoyi are considered to have a material interest in the transaction contemplated under the Shareholder Loan Agreement and are required to abstain, and have abstained, from voting on the relevant Board resolutions to approve the Shareholder Loan Agreement.

• That form asked the jury to decide whether the execution of the Shareholder Loan Agreement constituted a breach of Elkin’s oral contract with Norman, and asked the jury to determine damages.

• The Court also rejected Elkin’s argument that the breach of contract theory based on the Shareholder Loan Agreement was merely duplicative of the other breach of contract theories, concluding that there was sufficient evidence “on which the jury could have concluded that an agreement between [Norman] and [Elkin] existed for [Elkin] to contribute form then asked the jury to reach a single sum to compensate Norman for all of the damages he suffered due to a breach under any of the three theories.

• The Shareholder Loan Agreement itself is dated September 1, 1995, but Elkin could not recall exactly when he entered into the Agreement, and at trial he testified that it was agreed to in 1997 and executed in 2000.

• The District Court agreed and noted that “Norman’s counsel conceded that he did not present evidence that Norman was damaged by the execution of the [Shareholder Loan Agreement], independent of the alleged derivative damages resulting from execution of the Agreement.” Id. By “derivative damages,” the Court apparently meant the failure to pay Norman a pro rata share from the sale of licenses because the Shareholder Loan Agreement had reclassified some of Elkin’s capital contributions as loans.

More Definitions of Shareholder Loan Agreement

Shareholder Loan Agreement means collectively, that certain (i) senior convertible subordinated note, dated as of December 9, 2013, issued by Holdings in favour of the Shareholder and (ii) any unsecured junior convertible subordinated promissory grid notes issued from time to time by Holdings in favour of the Shareholder in connection with the reinvestment by the Shareholder of a portion of the interest paid by Holdings on the Shareholder Subordinate Debt in accordance with the Shareholder Subordination Agreement, in the case of each of the notes described in the foregoing clauses (i) and (ii), as such agreement may be amended, revised, replaced, supplemented or restated from time to time in accordance with the terms of the Shareholder Subordination Agreement, including increases to the principal amount outstanding thereunder as set forth therein;

Shareholder Loan Agreement means an agreement in an agreed form documenting a Shareholder Loan.

Shareholder Loan Agreement means the Shareholder Loan Agreement among the Borrower and the Shareholders dated July 5, 2018, as amended by an Amendment Agreement No. 1 dated August 27, 2018, an Amendment Agreement No. 2 dated October 1, 2018, an Amendment Agreement No. 3 dated November 7, 2018 and an Amendment Agreement No. 4 dated March 6, 2020.

Shareholder Loan Agreement means the amended and restated shareholder loan agreement dated 31 August 2010 entered into between HLNG, MOL, TLT and the Borrower under which Shareholder Loans are being made available to the Borrower as amended and restated and entered into between MOL, OPCO, TLT and the Borrower and the related novation deed entered into between MOL, HLNG, OPCO, TLT and the Borrower;

Shareholder Loan Agreement means the credit agreement, dated as of the date hereof, among the Rollover Purchasers as borrowers thereunder and Swift Nevada as the lender thereunder, as the same may be amended, supplemented, amended and restated or otherwise modified from time to time in accordance with the terms thereof and this Agreement.

Shareholder Loan Agreement means the shareholder loan agreement entered into on April 2, 2020 by and between the Company and Purchaser.

Shareholder Loan Agreement means the $150,000,000 revolving loan facility agreement dated 29 November 2021 (as amended, restated and novated from time to time) between the Borrower and Vaalco Gabon pursuant to which the Borrower may advance loans to Vaalco Gabon;