Shareholder Debt definition

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

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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

• Each holder of Permitted Shareholder Debt shall have executed and delivered to the Lenders a subordination agreement, in substantially the form attached hereto as Exhibit H, satisfactory to the Lenders.

• The provisions of clause 4.2 and clause 4.3 relating to any additional issue of Shares shall apply with the necessary changes to any further issue of/ borrowing of Shareholder Debt.

• A6 Distributions paid to Shareholders and payments in respect of Shareholder Debt.

• Where a Deemed Transfer Notice is deemed given pursuant to clause 9.2 (Event of Defaults and deemed transfers), such Deemed Transfer Notice shall also be deemed to offer, by way of transfer, any Shareholder Debt outstanding to the Defaulting Shareholder in the Company (Defaulting Shareholder Debt).

• If the Offeror completes the transfer of all or part of its Shares to the third party in breach of this Section 6.4.7, then the Remaining Shareholders will have, in addition to any other rights or remedies that they may have in law or at equity, the right, by notice in writing, to put their Co-Sale Shares and Shareholder Debt, if applicable, to the Offeror at the prices determined under this Section 6.4.

More Definitions of Shareholder Debt

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 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 from time to time by the Issuer to the Parent.

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 K▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ in the aggregate principal amount of $96,200.00, (b) payable to W▇▇▇▇▇▇ ▇▇▇▇▇▇ 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 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 any shareholder loan made by a direct or indirect shareholder to the Issuer as debtor, if such loan: