Shareholder Loan Notes definition
Examples of Shareholder Loan Notes in a sentence
For these purposes, the parties shall treat any Shareholder Loan Notes that have been issued and received as payment in kind notes for accrued interest as if they were accrued interest and not principal.
Each of the Loan Noteholders further acknowledges and agrees that the sale of the Shareholder Loan Notes is also be intended to constitute a "Relevant Sale" for the purposes of the Drag Right to be contained in the 633 Loan Note Instrument.
Each party hereto shall execute any deeds, assignments, agreements and other instruments and give such further assurances as may be reasonably necessary or appropriate in connection with performing its Project Obligations, including its obligations under this Agreement, under the Shareholder Loan Notes and under the Financing Documents, and to give effect to any consent and approval rights of any other party hereto as provided herein.
The Vendors are the legal and beneficial owners of (or are otherwise entitled to transfer the legal and beneficial ownership of) (i) that number of Sale Shares as are set out directly opposite their respective names in column (3) of the tables in Schedule 1, and (ii) that number of Shareholder Loan Notes as are set out directly opposite their respective names in column (4) of the tables in Schedule 1.