Examples of Shareholder Loan in a sentence
Restated Long Term Shareholder Loan Facility Agreement refers to the subordinated loan note issued by the Issuer to Czech Gas Networks S.à r.l., under the loan note instrument made by the Issuer dated 27 September 2019, as amended and restated on 31 December 2019 and Tranche B is as defined therein.
The Seller represents and warrants to each of APG and the Buyer that it has and will at Completion have the right to sell and transfer full legal and beneficial title and ownership to and of the Sale Share (together with the benefit of the Shareholder Loan) free from all Encumbrances upon Completion (save for the New Encumbrance) and any other rights exercisable by third parties.
The term of the Shareholder Loan shall be one year commencing from the Advance Date.
PPI shall specify in the Written Notice the date when the early repayment of the Extended Shareholder Loan shall be made.
The long-term debt, except bank equipment loan and Shareholder Loan from BGI, SA., are at a nil or fixed interest rate and the interest on the cash balances is insignificant.