Examples of Existing Shareholder Loan in a sentence
This Loan Agreement constitutes the entire agreement and understanding of the parties, and supersedes and replaces in their entirety any prior discussions, agreements, etc., including, without limitation, the Existing Shareholder Loan Agreement, all of which are merged herein.
Given that the Shareholders Agreement will be terminated subject to and with effect from Completion (as disclosed in the sub- paragraph headed ‘‘Termination of the Shareholders Agreement’’ above), the parties have agreed to amend the Existing Shareholder Loan Agreement such that the aforementioned further funding (as set out in the Shareholders Agreement) will be included as an additional tranche of loan in the Existing Shareholder Loan Agreement.
The Existing Shareholder Loan is indirectly held by funds managed by Qualium.
Please refer to the sub-paragraph headed ‘‘Amendments to the Existing Shareholder Loan Agreement’’ below.
Please refer to the sub-paragraph headed “Amendments to the Existing Shareholder Loan Agreement” below.
The Lender shall have received evidence regarding the successful refinancing of the Existing Indebtedness (other than the Existing Shareholder Loan) (at the discretional satisfaction of the Lender).
Assets to be acquiredMain Surplus shall, through the exercise of the GG 90% Option by the Purchaser in accordance with the terms of the GG Master Agreement, sell 90% of the GG Sale Shares and assign the Main Surplus Existing Shareholder Loan to the Purchaser.
The Board further announces that on 12 December 2011, the Purchaser and Talent Act, among others, entered into the LL Master Agreement pursuant to which the Purchaser agreed to acquire and Talent Act agreed to grant the LL 90% Option for acquiring 90% of the LL Sale Shares (with the remaining 10% of the LL Sale Shares to be acquired by the Purchaser in the event of the exercise of the LL 10% Call Option or the LL 10% Put Option) and to assign the Talent Act Existing Shareholder Loan.
Existing loan notes evidencing the Existing Shareholder Loan shall be cancelled on the Effective Date.
Pursuant to the Existing Shareholders Agreement, subject to the Existing Shareholder’s consent to early repayment of the Existing Shareholder Loan, the Vendor has the right to the Buyback at par value following the repayment of the Existing Shareholder Loan to the Existing Shareholder in full.