Equity Contract definition

Equity Contract means any transaction or instrument that does not convey to Dealer rights, or the ability to assert claims, that are senior to the rights and claims of common stockholders in the event of Counterparty’s bankruptcy.
Equity Contract means any transaction or instrument that does not convey to Dealer rights, or the ability to assert claims, that are senior to the rights and claims of common stockholders in the event of Counterparty’s bankruptcy and would be classified as equity according to generally accepted accounting principles in the United States.
Equity Contract means for purposes of this Section 6(f) any transaction relating to Shares between X and Y (or any Affiliate of Y) that qualifies as ‘equity’ under applicable accounting rules.Amounts (or the relevant portion of such amounts) subject to set-off may be converted by Y into the Termination Currency at the rate of exchange at which such party would be able, acting in a reasonable manner and in good faith, to purchase the relevant amount of such currency.If any obligation is unascertained, Y may in good faith estimate that obligation and set-off in respect of the estimate, subject to the relevant party accounting to the other when the obligation is ascertained.Nothing in this Section 6(f) shall be effective to create a charge or other security interest. This Section 6(f) shall be without prejudice and in addition to any right of set-off, combination of accounts, lien or other right to which any party is at any time otherwise entitled (whether by operation of law, contract or otherwise).”

Examples of Equity Contract in a sentence

  • A Stage Manager under Equity Contract is required at every Recording under this paragraph (D).

  • The term "Principal Actor" shall include any individual hired on an Equity Contract other than those individuals engaged on Equity Chorus or Equity Extra contracts, and/or engaged to perform Equity Chorus or Equity Extra work.

  • Subsequent performances would be allowed only under the terms and conditions of a different Equity Contract.


More Definitions of Equity Contract

Equity Contract means any agreement accounted for by Company as equity under generally accepted accounting principles in the United States.
Equity Contract means for purposes of this provision any transaction relating to Shares between X and Y that qualifies as ‘equity’ under applicable accounting rules.
Equity Contract means for purposes of this Section 6(f) any Transaction relating to Shares sold pursuant to the Distribution Agreement. If any obligation is unascertained, Y may in good faith estimate that obligation and set-off in respect of the estimate, subject to the relevant party accounting to the other when the obligation is ascertained. Nothing in this Section 6(f) shall be effective to create a charge or other security interest. This Section 6(f) shall be without prejudice and in addition to any right of set-off, combination of accounts, lien or other right to which any party is at any time otherwise entitled (whether by operation of law, contract or otherwise).”
Equity Contract means a contract which is valued on the basis of the value of underlying equities or equity indices and includes related derivative contracts.
Equity Contract means any transaction or instrument that does not convey rights to GS&Co. senior to claims of common stockholders in the event of Counterparty’s bankruptcy.
Equity Contract means any transaction or instrument that does not convey to Deutsche rights, or the ability to assert claims, that are senior to the rights and claims of common stockholders in the event of Counterparty’s bankruptcy.
Equity Contract means for purposes of this Section 6(f) any Transaction relating to Shares sold pursuant to the Distribution Agreement.