Shareholder Subordinated Debt definition

Shareholder Subordinated Debt means, collectively, any debt provided to the Parent Guarantor by any direct or indirect parent holding company of the Parent Guarantor (or any Sponsor), in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, 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 Shareholder Subordinated Debt; provided that such Shareholder Subordinated Debt:

Shareholder Subordinated Debt means, collectively, any debt provided to the Company by any direct or indirect parent holding company of the Company (or Melco Resorts), in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, 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 Shareholder Subordinated Debt; provided that such Shareholder Subordinated Debt:

Shareholder Subordinated Debt means, collectively, any debt provided to the Company by any direct or indirect parent holding company of the Company (or the Sponsor), in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, 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 Shareholder Subordinated Debt; provided that such Shareholder Subordinated Debt:

Examples of Shareholder Subordinated Debt in a sentence

• If the cure right is exercised for the fixed charge service cover, the amount received as additional equity and/or Subordinated Shareholder Debt will, for the purposes of Cashflow be counted in each of the three Quarterly Periods following the Quarterly Period in which the additional equity and/or Shareholder Subordinated Debt was received.

• Borrower shall not, nor shall it permit its Subsidiaries to, create, incur, assume or issue other Indebtedness if, immediately after the incurrance thereof, the ratio of Funded Debt to Consolidated Tangible Net Worth, plus Shareholder Subordinated Debt of the Borrower, would exceed 7 to 1.

• The Agent, with the consent of the Required Banks, hereby consents to HCC entering into the Shareholder Subordinated Loan Agreement in the form attached hereto as Exhibit B and incurring Shareholder Subordinated Debt thereunder.

• Subsection 8.11 of the Credit Agreement is hereby amended by inserting at the beginning thereof the words "(i) Make any optional payment or prepayment on or redemption of any portion of the Shareholder Subordinated Debt or (ii) with respect to any Indebtedness other than the Shareholder Subordinated Debt,".

• There were close to 150 scripts (i.e. records of either KIIs or FGDs) produced by the two teams engaged by RMTeam.

More Definitions of Shareholder Subordinated Debt

Shareholder Subordinated Debt means all Subordinated Debt of ----------------------------- HCC under the Shareholder Subordinated Loan Agreement.

Shareholder Subordinated Debt means all indebtedness of the Borrower to its shareholders, now existing or hereafter to occur.

Shareholder Subordinated Debt means that certain subordinated indebtedness outstanding of approximately $160,000 owing to various of the Company's shareholders by the Company.

Shareholder Subordinated Debt means the Indebtedness of the Company evidenced by (i) that certain Convertible Subordinated Promissory Note dated August 23, 2002, made by the Company in favor of Les Domaines Bxxxx xx Xxxxxxxxxx (Lafite) ("DBR"), in the original principal amount of $8,250,000 and (ii) that certain Convertible Subordinated Promissory Note dated August 23, 2002, made by the Company in favor of SFI Intermediate Limited ("SFI"), in the original principal amount of $2,750,000, which convertible subordinated promissory notes were issued by the Company pursuant to that certain Convertible Note Purchase Agreement dated as of August 23, 2002, among the Company, DBR and SFI, and the proceeds of which shall be used by the Company to complete the Winery Acquisition and for capital expenditures permitted under this Agreement."

Shareholder Subordinated Debt is defined in Section 7.6.

Shareholder Subordinated Debt means the indebtedness of the Borrower to Xxxxxx X. Xxxxx, which is evidenced by the Shareholder Note.

Shareholder Subordinated Debt means the Indebtedness of the Borrower evidenced by (i) that certain Convertible Subordinated Promissory Note dated August 27, 2002, made by the Borrower in favor of Les Domaines Bxxxx xx Xxxxxxxxxx (Lafite) (“DBR”), in the original principal amount of $8,250,000 and (ii) that certain Convertible Subordinated Promissory Note dated August 27, 2002, made by the Borrower in favor of SFI Intermediate Limited (“SFI”), in the original principal amount of $2,750,000, which convertible subordinated promissory notes were issued by the Borrower pursuant to that certain Convertible Note Purchase Agreement dated as of August 27, 2002, among the Borrower, DBR and SFI.