Equity Commitment definition

Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

Equity Commitment has the meaning set forth in Section 5.6.

Equity Commitment of an Investor means such Investor’s Cash Equity Commitment and Rollover Commitment.

Examples of Equity Commitment in a sentence

• Equity Commitment Letters are required to contain, at minimum, equity pricing, total capital contribution amount, an estimated pay-in schedule, and any reserve requirement.

• District Board Equity Commitment Events around our nation remind us yet again of the work that remains to create a more just and equitable society.

• The operating line is secured by Doughty Hanson through an Equity Commitment Agreement.

• Equity Commitment (Executed by Applicant and Equity Investor) (Maximum 20 points) Applications containing documentation of an equity commitment disclosing all conditions.

• Exhibit (ii): Applicable in case of Bidding Consortium (To be filled by each Member in a Bidding Consortium separately) Name of Member: [Insert name of the Member] PBDIT requirement to be met by Member in proportion to the Equity Commitment: INR/- (INR Crore) (equity commitment (%) * INR.

More Definitions of Equity Commitment

Equity Commitment means, for the Lead Investor, the amount of cash equity set forth in the Equity Commitment Letter delivered by the Lead Investor to Parent on the date hereof, as such amount of cash equity may be amended from time to time as permitted by this Agreement.

Equity Commitment means, collectively, the Direct Commitment and the Stock Right Commitment.

Equity Commitment has the meaning given to such term in the Equity Contribution Agreement.

Equity Commitment means the purchase of Reorganized Hertz Parent Common Interests and Preferred Stock by the Equity Commitment Parties under the Equity Commitment Agreement.

Equity Commitment means the commitment of each Equity Commitment Party set forth in section 2.01 of the Equity Investment Commitment Agreement.

Equity Commitment means (a) the underwritten public offering of Equity Interests of the Company contemplated by clause (d) of the definition of Equity Commitment Documents with respect to the initial funding of the Equity Investment described in the Second Amendment and (b) the obligation of the holders of the Equity Commitment Document described in clause (b) of such definition to purchase Equity Interests of the Company pursuant to the Company’s Forced Exercise or Voluntary Exercise right, and collectively pursuant to clauses (a) and (b), with aggregate gross consideration paid to the Company of approximately up to $1,025,000,000, in accordance with the Equity Commitment Documents.

Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; and (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person.