Shareholder Note definition

Shareholder Note means any Indebtedness for Borrowed Money extended by a Shareholder to ITC Investments or its Subsidiaries, other than through participation in a financing whose original lenders were primarily not Shareholders.

Shareholder Note has the meaning ascribed to such term in Section 7.3(g).

Shareholder Note means each note heretofore or hereafter executed and delivered by JFP payable to the order of the Borrower to evidence a Shareholder Loan.

Examples of Shareholder Note in a sentence

• A person (i) who is a Major Shareholder (Note 1), or (ii) who is, or has been within the past 5 years, a director, statutory auditor (kansa-yaku), statutory accounting advisor (kaikei-sanyo) or Executive of a company that is a Major Shareholder or a parent company or subsidiary of a Major Shareholder.

• Accordingly, the proceeds of the Shareholder Note are recorded as the proceeds from the issuance of a long-term liability while the freestanding shares issued are recorded as equity received in a non-cash transaction.

• The resigning Shareholder Bank will thus also terminate its rights and obligations under the Shareholder Note Purchase Agreement (subject to and in accordance with its terms, including the enduring obligations set out thereunder).

• If the Transfer and Servicing Agreement entered into by a Shareholder Bank is terminated for any reason, the Shareholders' Agreement and the Shareholder Note Purchase Agreement shall, so far as they relate to that Shareholder Bank, also terminate with effect on the same date, subject to and in accordance with their terms but shall remain in force as regards the other Shareholder Banks and the Issuer.

• The HyperLEDA sample contains redshifts purely based on their availability in the literature and thus does not provide homogenous coverage.

More Definitions of Shareholder Note

Shareholder Note has the meaning set forth in Section 8.1.1.1. Shares mean all of the Participating Units of Newco.

Shareholder Note has the meaning set forth in Section 3.34.

Shareholder Note means that certain promissory note issued on January 1, 1991, as amended as of April 1, 1992 held by the Shareholder in the principal amount of $325,714.

Shareholder Note means that certain Amended and Restated Secured Grid Note, dated January 16, 2015, between the Borrower and Xxxxxx X. Xxxxx, in a maximum principal amount not to exceed $285,000.

Shareholder Note means the promissory note in the original principal amount of $12,000,000 made by Josexx Xxxxxxxxxx xx favor of Cannondale evidencing loans made by Cannondale to Montxxxxxx, xx the same may be amended, modified, supplemented or restated from time to time.

Shareholder Note means any promissory notes or other instruments of Apex Sweden evidencing Shareholder Debt.

Shareholder Note means the amended and restated promissory note, originally dated September 15, 1998, in the original principal amount of $12,000,000, made by Josxxx Xxxxxxxxxx xx the order of the Borrower evidencing loans made by the Borrower to Josxxx Xxxxxxxxxx.