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):
Subordinated Shareholder Loans means Indebtedness of the Company (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 Indebtedness of the Issuer (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
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.
Michael Titlestad, correspondence with Clara Pienaar, 14 July 2011.
Issuer Equity means the total equity of the Issuer (as evidenced in the stand-alone financial statements of the Issuer), plus Subordinated Shareholder Loans; Issuer Net Debt means Issuer Debt (as evidenced in 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.
The UPC Holding Subordinated Shareholder Loans between LGE Financing and the Issuer are expressly subordinated to the UPCH Notes and mature on March 1, 2030.
More Definitions of Subordinated Shareholder Loans
Subordinated Shareholder Loans means Debt of the Company owing to any Shareholder 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 EBRD Loan Agreement pursuant to the Cyprus Support Omolon Gold Mining Company - 4 - Second Amendment Agreement, the Russian Shareholders Support Agreement, or otherwise on terms acceptable to the Project lenders."
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, 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 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”;
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 in Section 1.01 of the Finance Agreement is hereby amended in its entirety to read as follows:
Subordinated Shareholder Loans means Indebtedness of the Company for money borrowed from a shareholder beneficially owning at least 5.0% of the issued and outstanding shares of common stock of the Company (or any Affiliate of such shareholder), provided that (A) such Indebtedness (and any refinancing thereof) has been expressly subordinated in right of payment to the prior payment in full of all Indebtedness (including principal, interest and premium, if any, under the Securities and this Indenture) of the Company (including as a consequence of any repurchase, redemption or other repayment of the Securities, by way of optional redemption, Asset Sale Offer, or Change of Control Offer to the extent any applicable rights to repayment are exercised by the Securityholders), (B) such Indebtedness (and any refinancing thereof) is not Guaranteed by any of the Company's Subsidiaries and is not secured by any Lien on any property or asset of the Company or any Restricted Subsidiary, (C) such Indebtedness (and any refinancing thereof) does not have a Stated Maturity of principal or any redemption or repurchase or other similar provision (upon a default or otherwise) earlier than a date at least one year after the final Stated Maturity of the Securities and (D) such Indebtedness bears interest at a rate consistent with prevailing market practice for subordinated loans (as certified to the Trustee in an Officers' Certificate); provided further that payments of interest on such Indebtedness (and any refinancing thereof) may be made solely to the extent Restricted Payments in like amount may then be made in accordance with Section 4.4, with any such interest payment being included in the calculation of whether the conditions of Section 4.4(a)(z) have been met with respect to any subsequent Restricted Payments.