Acquisition Equity definition
Examples of Acquisition Equity in a sentence
On the date of receipt by the Borrower of any cash proceeds from a capital contribution to or the issuance or sale of Equity Interests of the Borrower (other than in each case (i) a Relevant Acquisition Equity Investment and (ii) capital contributions or issuances or sales of Equity Interests the proceeds of which are used by the Borrower to purchase Wireless Assets that are not Financed Assets), the Borrower shall prepay the Advances in an aggregate amount equal to [__________]* of such Net Cash Proceeds.
The Acquisition Equity Contribution shall have been made and the full amount of the proceeds thereof shall have been deposited on the Funding Date in escrow accounts held by the Financing Escrow Agent pursuant to the terms of the Financing Escrow Agreement.
Any warrant agreement to be executed and delivered by the Company in favor of Warrantholder as a result of any Capital Raise or the issuance of Acquisition Equity shall be executed and delivered by the Company to the Warrantholder at each applicable closing of such Capital Raise where the closing occurs on or prior to July 31, 2025 or promptly following each issuance of additional shares of capital stock in connection with the issuance of Acquisition Equity.
For the purposes of the foregoing, the Company shall have the discretion to grant the Option from one or more plans, including, without limitation, the 1999 Equity Incentive Plan or the Acquisition Equity Incentive Plan.
Prepayments in an amount equal to 50% of the net cash proceeds received from the issuance of equity securities of the Borrower (other than (i) issuances pursuant to employee stock plans, (ii) equity issued in connection with and in anticipation of a permitted acquisition and (iii) in the case of a Tender Offer, any issuance of equity pursuant to the Tender Offer or the Back-End Merger to the extent constituting Acquisition Equity Consideration).
The Administrative Agent shall have received evidence satisfactory to it that the Kaiser Acquisition Equity Contribution has been made.
The Assumed Shares shall thereafter be reserved for issuance under an acquisition equity incentive plan of Parent (the “Parent Acquisition Equity Incentive Plan”), which Parent will implement in connection with the Merger.
Pursuant to Article IV, Agent shall pay for Development Costs (other than for the portion of the purchase price of the Land paid for from the Owner s Acquisition Equity) using (a) the proceeds of Advances to Owner under the Construction Loan, up to $36,575,000, and (b) Agent's own funds to the extent required to complete the Improvements in accordance with the Plans and Specifications and the other Transaction Documents.
No Obligor shall (and the Company shall procure that no member of the Group will) make any increase in the price of any offer in respect of the Target Shares above the amount separately agreed with the Arrangers prior to the date of this Agreement unless such increase is funded wholly from Additional Acquisition Equity.
In addition to the other terms herein defined, the following terms shall have the meanings set forth in this Section 1.2 whenever used in this Agreement: Acquisition Equity Amount: $4,000,000.