Shareholder Loan definition

Shareholder Loan means any shareholder loan to the Borrower that:

Shareholder Loan means a loan which is granted by an AIF to an undertaking in which it holds directly or indirectly at least 5 % of the capital or voting rights, and which cannot be sold to third parties independently of the capital instruments held by the AIF in the same undertaking;

Shareholder Loan means any loan made or to be made to a member of the Group by or on behalf of a Shareholder and any other indebtedness owing on loan account by a member of the Group to a Shareholder.

Examples of Shareholder Loan in a sentence

• The BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan.

• If Xx. Xxxxx defaults in completion of the New BSI Agreement, SLHG has the obligation to complete purchase of the BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan on the same terms under the New BSI Agreement.

• As BIC and CAI, both being subsidiaries of the Company, are the respective owners of the BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan, it is necessary to bind BIC and CAI by signing of the New BSI Agreement.

• Reason for entering into the Head S&P Agreement The Head S&P Agreement serves as the master agreement for the BSI Disposal, under which the Company is liable to sell, and SLHG is liable to acquire, the BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan.

• The total consideration for the BSI Sale Interest, the BIC Shareholder Loan and the CAI Shareholder Loan is HK$206,000,000.

More Definitions of Shareholder Loan

Shareholder Loan means the loan owing by the Company to the Seller on Completion, the outstanding amount of which is, at the date of this Agreement, HK$[552,432,353].

Shareholder Loan means any loan or credit made (or to be made) to the Issuer by the Company, the Parent or any other direct or indirect shareholder of the Issuer.

Shareholder Loan means any unsecured loan made in cash to the Company by any of its shareholders (excluding, for the avoidance of doubt, any Senior Secured Note acquired by any such shareholder) which is (i) subordinated pursuant to the terms of the Intercreditor Agreement or otherwise to the satisfaction of the Agent (acting on the instructions of the Majority Lenders acting reasonably) and (ii) subject to the Transaction Security, which in any event is not prohibited under the undertakings contained in Schedule 15 (Incurrence Covenants Schedule).

Shareholder Loan means a loan made by a Vessel Sponsor to the Borrower to finance part of the Project Cost;

Shareholder Loan means the loan provided under a Shareholder Loan Agreement;

Shareholder Loan means any loan raised by Holdco or a Restricted Subsidiary from its current or previous direct or indirect shareholders (excluding Holdco and other Restricted Subsidiaries), if such shareholder loan (a) according to its terms and pursuant to an Intercreditor Agreement, is subordinated to the obligations of the Obli- gors under the Finance Documents, (b) according to its terms have a final redemp- tion date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date and according to its terms yield only payment-in-kind interest or where payment of principal and interest can only be made under Clause 10.1 (Distributions).

Shareholder Loan means any shareholder loan to the Issuer or any of its Subsidiaries from direct or indirect shareholders of the Issuer, where the Issuer or the relevant Subsidiary is the debtor, if such shareholder loan:is subordinated to the obligations of the Issuer under the Finance Documents, pursuant to the Intercreditor Agreement or under another subordination agreement;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; andaccording to its terms yield only payment-in-kind interest and/or cash interest that is payable after the Final Redemption Date.