Additional Equity Offering definition

Additional Equity Offering means as defined in Section 5.7(a).

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Additional Equity Offering means as defined in Section 5.7(a). “Additional Purchaser Subscribed Shares” means as defined in Section 2.3(c). “Additional Subscription Shares” means as defined in Section 5.7(a). “Adjustment Subscribed Shares” means as defined in Section 2.3(a).

Additional Equity Offering means (a) a public offering by the Borrower of additional capital stock in the Borrower resulting in not less than $100,000,000.00 of net cash equity proceeds being received by the Borrower and (b) any additional offering or issuance of capital stock, Equity-Preferred Securities or any other equity interests in Borrower or Southern Union Panhandle (to the extent permitted under Section 9.5), so long as all net cash proceeds from any such offering or issuance of equity described in clauses (a) or (b) above are applied in the following order: (i) first, to payment of the Bridge Loan until the same is fully paid; (ii) second, for other working capital needs of the Borrower or any of its Subsidiaries, including without limitation, the payment of the AIG Loan (but only to the extent not otherwise required to be applied to the Term Loan Facility, the Obligations under this Agreement and/or Debt outstanding under the Short-Term Credit Facility in accordance with the following clauses); (iii) third, 50% of the net cash proceeds, if any, received by the Borrower in excess of $125,000,000.00 in the aggregate from all Additional Equity Offerings shall be applied to the Term Loan Facility; and (iv) fourth, 50% of the net cash proceeds, if any, received by the Borrower in excess of $125,000,000.00 in the aggregate from all Additional Equity Offerings shall be applied to Obligations under this Agreement and/or Debt outstanding under the Short-Term Credit Facility.

Examples of Additional Equity Offering in a sentence

• The Company shall take all necessary actions and use its reasonable best efforts in good faith, to file, without any undue delay, all required filings with any Governmental Body in order to effect the Additional Equity Offering, to submit, without any undue delay, any additional filings requested by any such Governmental Body to effect the Additional Equity Offering and take all other actions required in order to effect as promptly as possible the Additional Equity Offering.

• On or before September 1, 2003, the Borrower agrees to (a) cause the Additional Equity Offering to be consummated and finalized, and (b) if the Bridge Loan is then outstanding, cause the proceeds received by the Borrower from such Additional Equity Offering to be utilized to fully pay the Bridge Loan.

• In addition to the foregoing, with respect to any Additional Equity Offering closed on or prior to the expiration of the initial term of the NCDHB Contract (the “Initial Contract Term”), the amount of any then outstanding Centene Debt shall be reduced by the amount of Additional Network Credit to which Network Sub is entitled to receive (if any) in connection with the closing of such Additional Equity Offering.

• In the event that Network Sub wishes to commence an Additional Equity Offering, it shall first provide written notice to Centene and, thereafter, each such Additional Equity Offering shall be completed in accordance with and subject to the requirements set forth in Section 5.1(c) (other than Section 5.1(c)(i)(A)) of this Agreement and such other additional requirements as the Founders may agree to in writing.

• Notwithstanding the foregoing, if, following the closing of an Additional Equity Offering prior to the expiration of the Initial Contract Term, Network Sub is, in accordance with the terms of this Section 5.2(c), entitled to retain all or any portion of the Additional Net Offering Proceeds, Network Sub may, upon written notice to the Centene Parties and HoldCo, elect instead to contribute such proceeds to HoldCo (an “Offering Contribution”).

• Section 2.06(e)(ii) of the Credit Agreement shall be interpreted and construed consistent with this Section 3(a) as it relates to the application of the Net Cash Proceeds of the Additional Equity Offering.

• Notwithstanding anything contained herein or in any other Transaction Document to the contrary, NCMS will remain the owner of at least fifty percent (50%) of all the issued and outstanding shares of the capital stock of Network Sub at the conclusion of the Equity Offering, the FQHC Offering or any Additional Equity Offering.

• In the event that Network Sub elects to make an Offering Contribution, then Centene Sub shall, no later than thirty (30) days thereafter, make an additional capital contribution to HoldCo of an amount equal to the product of four (4) multiplied by the sum of (i) the amount of the Offering Contribution, plus (ii) an amount equal to the Additional Network Credit to which Network Sub is entitled to receive (if any) in connection with the closing of the applicable Additional Equity Offering.

More Definitions of Additional Equity Offering

Additional Equity Offering means any issuance by Holdings of its common stock to any person who is an employee or consultant of Holdings, the Borrower or any Subsidiary at the time of such offering and certain other Persons determined by the Borrower and as reasonably acceptable to the Administrative Agent; provided that (a) such offering shall be consummated not later than 180 days following the Effective Date, (b) any proceeds not applied as permitted in Section 6.08(a)(vii) shall be contributed to the Borrower as common equity, and (c) the aggregate Net Proceeds from all such offerings shall not exceed $20,000,000.

Additional Equity Offering means the planned offering of common stock of the Borrower; provided that such offering occurs on or before May 31, 2003.

Additional Equity Offering means (a) a public offering by the Borrower of additional capital stock in the Borrower resulting in not less than $100,000,000.00 of net equity proceeds being received by the Borrower and (b) any additional offering or issuance of capital stock, Equity-Preferred Securities or any other equity interests in Borrower or Southern Union Panhandle (to the extent permitted under the applicable negative covenants restricting issuance of stock in any Subsidiary of Borrower), so long as all net cash proceeds from any such offering or issuance of equity described in clauses (a) or (b) above are applied in the following order: (i) first, to payment of the Bridge Loan; and (ii) the balance, if any, for other working capital needs of the Borrower or any of its subsidiaries, including without limitation, the payment of the AIG Loan

Additional Equity Offering means any offering of (i) equity securities of the Buyer or any of its Subsidiaries (other than (A) equity securities offered and sold pursuant to any employee stock or stock option plan adopted by the Buyer, (B) the warrants described on Schedule 6.5 or (C) equity securities issued pursuant to the exercise of the warrants described on Schedule 6.5) or (ii) any debt instrument which is convertible, at the option of the Buyer, into equity securities of the Buyer or any of its Subsidiaries if such debt instrument is actually converted into any such equity securities on or prior to nine (9) months after the closing of the Buyer Equity Offering,

Additional Equity Offering means the issuance by the Borrower of its Equity Interests in (a) a private placement of Equity Interests or (b) an underwitten public offering pursuant to an effective registration statement filed by the Borrower with the Securities and Exchange Commission in accordance with the Securities Act of 1933, as amended, after the Closing Date, but excluding any public offering pursuant to a registration statement on Form S-8.