Shareholder Loan Amount definition

Shareholder Loan Amount means the outstanding portion of the principal amount of any loan provided by Geely or Etika to the Target or any of its Subsidiaries as of the date of the Put Exercise Notice, together with any accrued and unpaid interest thereon.
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Shareholder Loan Amount means the amount required to redeem or as the case may be repay in full the Shareholder Loan Notes and the Shareholder Loan at Completion;
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Shareholder Loan Amount the total sum including principal and accrued or outstanding interest owing immediately prior to Completion by the Target Company to the Seller and/or any Seller’s Affiliate (having netted off all amounts owing by the Seller’s Affiliate to the Target Company) pursuant to the Shareholder Loans as shown in the Pro Forma Accounts or the Completion Accounts;
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Examples of Shareholder Loan Amount in a sentence

  • As of June 3, 2010, the undersigned will remit to the Company an amount of Fifty Thousand US Dollars ($50,000) (the "Shareholder Loan Amount").

  • The distribution amount is estimated in the amount of approximately €5,248 thousand, equalling the amount of the Shareholder Loan Amount (such amount plus interest in the aggregate) on the date of the shareholders’ resolution for this distribution which is expected to be on Nov 24, 2021.

  • To the extent any portion of the Shareholder Loan Amount is not converted into share capital of the Target, the Put Option Price shall be reduced by an amount equal to the outstanding portion of the principal amount of any loan provided by Geely to any Target Group Company as of the Option Closing Date.

  • In this connection, the agreement of the 10th ASEAN Summit in Vientiane on the convening of the East Asia Summit in 2005 in Putrajaya is another key achievement in the evolution of the East Asian Community.

  • In the event there is any outstanding loan provided by Geely to any Target Group Company as of the date of the Put Exercise Notice, Geely shall take any and all actions to convert all the Shareholder Loan Amount into share capital of the Target immediately after the date of the Put Exercise Notice.

  • In the event there is any outstanding loan provided by Etika to any Target Group Company as of the date of the Put Exercise Notice, Etika shall take any and all actions to convert all the Shareholder Loan Amount into share capital of the Target immediately after the date of the Put Exercise Notice.

  • In addition to this, 18 service users reported being given advice on seeking help for specific health and wellbeing issues (40%), with 23 service users not reporting this advice being given (51.11%).

  • The Shareholder Loan Amount shall be notified by the Selling Shareholders to the Purchaser in writing together with the Estimated Closing Statement not less than three Business Days prior to the anticipated Closing Date.

  • To Advanced Energy's knowledge, none of the Shareholders has been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors, during the past five years.

  • On Completion, the Purchaser shall procure (i) the repayment by Elite to the lender under the Bank Facility of an amount in cash equal to the Bank Loan Amount less any deductions or withholdings for or on account of tax that are required by applicable law, and (ii) the repayment by Elite to Mazuma of an amount in cash equal to the Shareholder Loan Amount less any withholdings for or on account of tax that are required by applicable law.


More Definitions of Shareholder Loan Amount

Shareholder Loan Amount means, with respect to a Shareholder, the aggregate amount of the outstanding balance of the applicable Shareholder Loan to which such Shareholder is a party.
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Shareholder Loan Amount means the amount of the principal and accrued interest outstanding under the Shareholder Loans on the Closing Date;
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Shareholder Loan Amount the amount of Shareholder Loans
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Shareholder Loan Amount has the meaning given in Clause 22.12(b)(ii);
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Shareholder Loan Amount means the amount of the repayment claims under the Shareholder Loan Agreements outstanding on the Closing Date including any interest accrued thereon until and including the Closing Date.
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Shareholder Loan Amount has the meaning given to that term in Clause 2.2;
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Related to Shareholder Loan Amount

  • Shareholder Loan means any shareholder loan to the Borrower that:

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

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • 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.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Maximum Term Loan Amount means Two Hundred Million and No/100 Dollars ($200,000,000).

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Initial Holder Limit means a number of the Outstanding shares of Class B Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 15% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) the Aggregate Value of all shares of Equity Stock other than Class B Preferred Stock that are Beneficially Owned by the Initial Holder. From the Issue Date, the secretary of the Corporation, or such other person as shall be designated by the Board of Directors, shall upon request make available to the representative(s) of the Initial Holder and the Board of Directors, a schedule that sets forth the then-current Initial Holder Limit applicable to the Initial Holder.

  • Class A Shareholder means a holder of Class A Shares;

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Subordinated Shareholder Funding means, collectively, any funds provided to the Issuer by any Parent, any Affiliate of any Parent or any Permitted Holder or any Affiliate thereof, in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, in each case issued to and held by any of the foregoing Persons, together with any such security, instrument or agreement and any other security or instrument other than Capital Stock issued in payment of any obligation under any Subordinated Shareholder Funding; provided, however, that such Subordinated Shareholder Funding:

  • Acquisition Note means a promissory note of the Borrower payable to ---------------- the order of any Acquisition Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender resulting from the Acquisition Advances made by such Lender.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Existing Shareholders has the meaning set forth in the preamble.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Member Loan is defined in Section. 3.03(b).

  • Original Lower-Tier Principal Amount With respect to any Class of Uncertificated Lower-Tier Interests, the initial Lower-Tier Principal Amount thereof as of the Closing Date, in each case as specified in the Introductory Statement.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).