Shareholder Loans definition

Shareholder Loans means any shareholder loan to the Issuer as the debtor, if such shareholder loan (a) according to its terms, are subordinated to the obligations of the Issuer under the Terms and Conditions pursuant to the Intercreditor Agreement, (b) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date, and (c) according to its terms yield only payment-in-kind interest.
Shareholder Loans means any loan to the Issuer or any of its Subsidiaries from any of its shareholders, if such loan (a) according to its terms and pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee, is subordinated to the obligations of the Issuer under these Terms and Conditions, (b) according to its terms have a final maturity date or, when applicable, early redemption dates or instalment dates which occur after the Final Maturity Date, and (c) according to its terms does not permit payment of interest or principal prior to the final maturity date of such loans.
Shareholder Loans means any loan raised by any Group Company from its current or previous direct and indirect shareholders (excluding other Group Companies), if such shareholder loan (a) according to its terms and pursuant to an Intercreditor Agreement, is subordinated to the obligations of the Issuer under the Finance Documents, (b) according to its terms have a final repayment date or, when applicable, early repayment dates or instalment dates which occur after the Final Redemption Date and (c) according to its terms yield only payment-in-kind interest.

Examples of Shareholder Loans in a sentence

  • If and to the extent the JV Company is unable to raise funds through loans from domestic and/or foreign banks or other financial institutions at rates that the Board determines to be competitive, each Party shall on a pro-rata basis by its share of the registered capital of the JV Company, itself or through its Affiliates, provide Shareholder Loans to the JV Company which shall not exceed the maximum amount of loans as provided for in the Business Plan applicable for the respective period.


More Definitions of Shareholder Loans

Shareholder Loans means any shareholder loan made to the Issuer as debtor, if such loan:
Shareholder Loans means any loan made to the Issuer by a shareholder of the Issuer, if such loan:is subordinated to the obligations of the Issuer under the Terms and Conditions pursuant to its terms;according to its terms have a final redemption date or, when applicable, early redemption dated or instalment dates which occur after the Final Redemption Date, andaccording to its terms yield only payment in kind interest (other than any cash interest permitted to be paid pursuant to Section 16.1(Distributions)).
Shareholder Loans means any shareholder loan to the Issuer if such shareholder loan
Shareholder Loans means at any date in relation to any financing (other than the share capital and share premium and the financing under a Finance Agreement) made available for the Project by the Shareholders, all principal unpaid at that date (including any interest which has been capitalised).
Shareholder Loans means any shareholder loan of the Issuer or any of its Subsidiaries, where the Issuer or the relevant Subsidiary is the debtor, if such shareholder loan:
Shareholder Loans means indebtedness of Cingular to SBC, BellSouth, or any of their respective Subsidiaries pursuant to the Amended, Restated and Consolidated Subordinated Promissory Notes, dated July 1, 2003, issued by Cingular in favor of SBC, BellSouth and Cellular Credit Corporation, a wholly owned Subsidiary of BellSouth, and all interest and penalties thereunder.
Shareholder Loans means any shareholder loans made by the Shareholders to the Issuer or any of its Subsidiaries, where the Issuer or the relevant Subsidiary is the debtor, provided, that (a) the Shareholder lender is a party to the Intercreditor Agreement (other than the lenders under the Investor Loan, which for the avoidance of doubt for other purposes is a Shareholder Loan) and the Shareholder Loan is thus subordinated to the obligations of the Issuer in respect of the Notes, (b) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Maturity Date, and (c) according to its terms do not provide for any cash pay interest but interest to be non-cash paid or to accrue to be paid-in-kind by being added to principal (however, for the avoidance of doubt, such loan may be converted in to an Investor Document).