Shareholder Debt definition

Shareholder Debt means any shareholder loan made to the Issuer as debtor, if such loan:
Shareholder Debt means all present and future moneys, debts and liabilities due, owing or incurred from time to time by the Issuer to any Shareholder Creditor, including any dividends and any advisory, monitoring or management fee.
Shareholder Debt means any principal or interest due to the Corporation in respect of any indebtedness owing by the holder of any class or series of shares in the Corporation, including an amount unpaid in respect of a share issued by a body corporate on the date it was continued under the Act.

Examples of Shareholder Debt in a sentence

  • All proceeds of UG Project Finance (less amounts paid in financing and commitment fees and applicable taxes) and cash flow from operations shall be applied first to repay the Existing Shareholder Loans, then interest accrued on Shareholder Debt (each as defined in the ARSHA) and thereafter applied in repayment of the outstanding principal on the Shareholder Debt.


More Definitions of Shareholder Debt

Shareholder Debt means all present and future moneys, debts and liabilities due, without any cash interest, owing or incurred from time to time by any member of the Group to any Shareholder Creditor (as defined in the Intercreditor Agreement), including any dividends and any advisory, monitoring or management fee, which is subordinated in accordance with the Intercreditor Agreement.
Shareholder Debt means all present and future moneys, debts and liabilities due, owing or incurred by the Issuer to the Parent (including, for the avoidance of doubt, any Capital Injection Shareholder Loans).
Shareholder Debt means that certain Indebtedness (a) payable to Kxxxx X. Xxxxxxxxxxx in the aggregate principal amount of $96,200.00, (b) payable to Wxxxxxx Xxxxxx in the aggregate principal amount of $33,153.00, and (c) payable to EMTEECO Holdings Ltd. in the aggregate principal amount of $17,000.00, each as of the Closing Date.
Shareholder Debt means all present and future moneys, debts and liabilities due, owing or incurred from time to time by the Issuer to any Shareholder Creditor.
Shareholder Debt means at any time any loan or other debt provided by the Shareholders to the IPP and which is subordinated to the Outstanding Debt under the Finance Documents.
Shareholder Debt means all future moneys, debts and liabilities due, owing or incurred from time to time by the Issuer to any shareholder of the Issuer that is a party to the Intercreditor Agreement as a “Shareholder Creditor”, including any dividends.
Shareholder Debt means outstanding indebtedness which is owed by the Corporation to a Shareholder;