Shareholder Debt. 4.2 In respect of Shareholder Debt:
Shareholder Debt. If the Offered Shares represent all of the Offeror’s Shares, then if the Electing Shareholders are purchasing the Offered Shares under this Section 6.3 they must also purchase from the Offeror any Shareholder Debt owing to the Offeror, for cash on a dollar-for-dollar basis, at the same time as they purchase the Offered Shares. Each Electing Shareholder will purchase its pro rata portion of that Shareholder Debt (calculated on the number of Offered Shares being purchased by the Electing Shareholders as between themselves), or any other portion agreed by the Electing Shareholders.
Shareholder Debt. If any Shareholder Debt is owing to a Remaining Shareholder, and if that Remaining Shareholder is selling all of its Shares to the third party, that Remaining Shareholder’s Co-Sale Right will also include the right to require the third party to purchase all of that Remaining Shareholder’s Shareholder Debt, for cash on a dollar-for-dollar basis, at the same time that its Shares are purchased.
Shareholder Debt. In addition to the offer to purchase all of the Compelled Shares, a Drag- Along Offer must include an offer to purchase any Shareholder Debt owing to a Compelled Shareholder, for cash on a dollar-for-dollar basis, at the same time as the Compelled Shares are purchased.
Shareholder Debt. The Purchase Option will include an obligation to purchase any Shareholder Debt owing to the Triggered Shareholder, for cash on a dollar- for-dollar basis, at the same time as the Triggered Shares are purchased. Each Shareholder purchasing the Triggered Shares will purchase its pro rata portion of that Shareholder Debt (calculated on the number of Triggered Shares being purchased by the purchasing Shareholders, as between themselves), or any other portion agreed to by the purchasing Shareholders. If the Corporation is purchasing the Triggered Shares, the Corporation will repay that Shareholder Debt in full, unless otherwise agreed by the Shareholders.
Shareholder Debt. (a) Until the Final Discharge Date:
Shareholder Debt. Shareholder Debt" shall mean all outstanding indebtedness of the Company owed to W. Davix Xxxxx xxxluding that certain Promissory Note dated February 10, 1997 in the original principal amount of $5,195,548.87.
Shareholder Debt. Shareholder warrants that there are no Encumbrances held by Shareholder whatsoever against the Company or the Assets.
Shareholder Debt. There is no outstanding indebtedness owing from the Company to the Seller or any person connected with the Seller. There are no amounts owed to the Company by the Seller or any person connected with the Seller.
Shareholder Debt. No liabilities are owed by the Company or any Restricted Subsidiary to the Parent or any Holding Company of the Parent (or Affiliate who is not a member of the Group) other than:
