Subordinated Shareholder Loans definition

Subordinated Shareholder Loans means Indebtedness of the Company, a Permitted Affiliate Parent or a Restricted Subsidiary (and any security into which such Indebtedness, other than Capital Stock, is convertible or for which it is exchangeable at the option of the holder) issued to and held by any Affiliate (other than the Company, a Permitted Affiliate Parent or a Restricted Subsidiary) that (either pursuant to its terms or pursuant to an agreement with respect thereto):

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Subordinated Shareholder Loans means any Financial Indebtedness of any member of the Borrower Group owed to a Subordinated Creditor. Subsidiary of a person means any company or entity directly or indirectly controlled by such person, for which purpose control means ownership of more than 50 per cent. of the economic and/or voting share capital (or equivalent right of ownership of such company or entity).

Subordinated Shareholder Loans means Indebtedness of the Company (and any security into which such Indebtedness is convertible or for which it is exchangeable at the option of the holder) issued to and held by any Parent that (either pursuant to its terms or pursuant to an agreement with respect thereto):

Examples of Subordinated Shareholder Loans in a sentence

• If the total number of Shares or Subordinated Shareholder Loans for which Parties have exercised such right is less than the total number of Shares or Subordinated Shareholder Loans available, then the Board of Directors may offer such Shares or Subordinated Shareholder Loans to third parties, with the prior approval of a General Meeting of Shareholders.

• The written notice shall contain a description of the number of Shares offered for sale and the amount and terms of the subordinated Shareholder Loans offered for assignment, the price sought by the Transferring Party, and any other material information necessary for the other Parties to make an informed decision whether to purchase the Shares and/or assume the Subordinated Shareholder Loans.

• Upon approval by the General Meeting of Shareholders, the additional Subordinated Shareholder Loans shall (unless otherwise agreed by each of the Shareholders) be lent by each of the Parties in its Basic Loan Proportion.

• Each Party shall pay the principal amount of the Subordinated Shareholder Loan, in cash, in U.S. Dollars, without any right of set-off, into the PMA Account by the deadline set by the Board of Directors, which shall not, unless otherwise approved by the General Meeting of Shareholders, be earlier than fourteen (14) days after the approval by BKPM of the revised investment plan reflecting such increase in Subordinated Shareholder Loans.

• If accepted by the Third Party Shareholder, FI shall promptly Transfer such Shares and Subordinated Shareholder Loans to the Third Party Shareholder upon receipt of payment therefor.

More Definitions of Subordinated Shareholder Loans

Subordinated Shareholder Loans means Debt of the Company owing to or guaranteed by any Shareholder (or an Affiliate of any Shareholder) and which is subordinated to the payment of all amounts payable under this Agreement and the OPIC Finance Agreement pursuant to the Cyprus Support Agreement or the Russian Shareholders Support Agreement or otherwise on terms acceptable to the Project Lenders."

Subordinated Shareholder Loans means Indebtedness of the Company, UPC NL Holdco II, or the Affiliate Proceeds Loan Obligor (and any security into which such Indebtedness, other than Capital Stock, is convertible or for which it is exchangeable at the option of the Holder) issued to and held by any Affiliate (other than a Restricted Subsidiary) that (either pursuant to its terms or pursuant to an agreement with respect thereto):

Subordinated Shareholder Loans means, collectively, any funds provided to Holdings by any Parent Company or any Permitted Investor or any Affiliate thereof, in exchange for or pursuant to any security, instrument or agreement other than Equity Interests, in each case issued to and held by any of the foregoing Persons, together with any such security, instrument or agreement and any other security or instrument other than Equity Interests issued in payment of any obligation under any Subordinated Shareholder Loans; provided that such Subordinated Shareholder Loans:

Subordinated Shareholder Loans means Indebtedness of the Company, UPC NL Holdco or an Affiliate Covenant Party (and any security, other than Capital Stock, into which such Indebtedness is convertible or for which it is exchangeable at the option of the holder) issued to and held by any Affiliate (other than a Restricted Subsidiary) that (either pursuant to its terms or pursuant to an agreement with respect thereto):

Subordinated Shareholder Loans means Indebtedness of the Company, any Permitted Affiliate Parent or a Restricted Subsidiary (and any security into which such Indebtedness, other than Capital Stock, is convertible or for which it is exchangeable at the option of the holder) issued to and held by any Affiliate (other than the Company, any Permitted Affiliate Parent or a Restricted Subsidiary) that (either pursuant to its terms or pursuant to an agreement with respect thereto):

Subordinated Shareholder Loans means Indebtedness of the Fold-In Issuer, the Affiliate Issuer or a Restricted Subsidiary (and any security into which such Indebtedness, other than Capital Stock, is convertible or for which it is exchangeable at the option of the holder) issued to and held by any Affiliate (other than the Fold-In Issuer, the Affiliate Issuer or a Restricted Subsidiary) that (either pursuant to its terms or pursuant to an agreement with respect thereto):

Subordinated Shareholder Loans means the loan notes issued by MidCo to funds managed by Carlyle and Palamon in connection with our acquisition by them, in each case with the terms described in “Description of other indebtedness—Subordinated Shareholder Loans and Intercompany Loans”;