Shareholder Loans definition

Shareholder Loans means any shareholder loan made to the Issuer as debtor, if such loan:
Shareholder Loans means any 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 these Terms and Conditions pursuant to a subordination agreement in form and substance acceptable to the Agent, (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 yield only payment-in-kind interest.
Shareholder Loans means any shareholder loan to the Issuer if such shareholder loan:

Examples of Shareholder Loans in a sentence

  • Reflects adjustments to historical income tax expense to reflect changes in taxable income for each of the periods presented due to changes in finance expenses related to the Shareholder Loans, assuming a statutory tax rate of 27.8%.

  • We did not receive any cash proceeds under the Shareholder Loans, which originated as part of the Neiman Marcus acquisition in 2014.

  • In January 2021, we repaid our Shareholder Loans (principal plus outstanding interest) using a portion of the net proceeds from our initial public offering.

  • Includes interest expense related to our Subordinated Shareholder Loans, as well as interest payable on the Senior Secured Notes and under our prior senior facilities agreements.

  • Issuer Equity means the total equity of the Issuer (as evidenced on the stand-alone financial statements of the Issuer), plus Subordinated Shareholder Loans; Issuer Net Debt means Issuer Debt (as evidenced on the stand-alone financial statements of the Issuer) less (i) Cash and Cash Equivalents of the Issuer and (ii) Special Restricted Cash; Special Restricted Cash means the restricted cash securing the Issuer Debt.


More Definitions of Shareholder 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.
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 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 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 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 (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 the Terms and Conditions, (b) according to its terms has 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, other than interest that is permitted to be payable under Clause 13.2 (Distributions).
Shareholder Loans means the Existing Shareholder Loan and any other shareholder loan granted to the Issuer if (a) according to its terms and pursuant to a Subordination Agreement, are subordinated to the obligations of the Issuer under these Terms and Conditions, (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 toits terms yield only payment-in-kind interest, other than interest that is permitted to be payable under clause 13.2 (Distributions).
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).