Aggregate Equity definition

Aggregate Equity means such number of shares of Company Stock as shall equal the aggregate of (a) the Shares, and (b) all shares of Company Stock otherwise issuable based upon the affirmative election to exercise or convert outstanding Option Securities and/or Convertible Securities pursuant to Section 2.4. Aggregate Merger Consideration will have the meaning given to it in Section 2.1(a). Aggregate Cash Merger Consideration will have the meaning given to it in Section 2.1(a). Aggregate Stock Merger Consideration will have the meaning given to it in Section 2.1(a).
View Source
Aggregate Equity. ’ means, with respect to all of the real properties of RESREIT, as at any time, the aggregate of all payments (including prepaid rent) made and expenses incurred by RESREIT in connection with the acquisition, rezoning, redevelopment, development, construction (including any actual costs of expansion), ownership, leasing as lessee and financing of each of the properties owned by RESREIT, calculated and capitalized to such properties on a monthly basis in accordance with generally accepted accounting principles consistently applied, less the aggregate principal amount outstanding from time to time on mortgage financing secured by such properties to finance the payments and expenses of any of the foregoing.
View Source
Aggregate Equity means, with respect to any particular Company Stockholder, the Company Common Stock (including shares of Company Common Stock issued upon the conversion of Company Preferred Stock described in Section 3.1(a), including following the conversion of Convertible Notes immediately prior to the Company Preferred Stock Conversion as provided in the Company Support Agreements), Series D Preferred, Company Options, if any, and Company Warrants, if any, held by such Company Stockholder.
View Source

Examples of Aggregate Equity in a sentence

  • The remaining pool of four percent (4%) of the MIP Aggregate Equity under the MIP shall be reserved for distribution as determined by the Board in consultation with the Chairman of the Board or, in the event of a Change in Control, shall be granted and allocated as set forth in the MIP.

  • The Exit Facility Awards, if any, shall be allocated ratably on the same basis as the seven and two-tenths of one percent (7.2%) of the MIP Aggregate Equity and shall vest as follows: (i) two-fifths (2/5ths) shall vest on the first day following the date that is eighteen (18) months after the Commencement Date and (ii) one-fifth (1/5th) shall vest on each of the second, third and fourth anniversaries of the Commencement Date.

  • Section 1.367(a)-3(c)(6), provided, that this clause (ii) shall cease to apply upon the earlier of the filing by Seller of its federal income tax return for the fifth full taxable year following the close of the taxable year in which the Closing occurs and the filing by Seller of its federal income tax return for the first taxable year in which Seller no longer owns any of the Aggregate Equity Consideration.

  • The Borrower may not borrow Term Loans on any Credit Date until the date that the Aggregate Equity Contribution exceeds $24,300,000 (the “Equity Fulfillment Condition”) if such borrowing would cause (after giving effect to such borrowing) the aggregate principal amount of the Term Loans outstanding to exceed the Aggregate Equity Contribution.

  • If the Estimated Net Working Capital is less than $5,175,000 (the "WORKING CAPITAL TARGET"), then the Aggregate Equity Price to be paid at Closing shall be reduced by the amount of such deficiency.

  • If such a record holder shall not have made a valid Proration Election pursuant to the sentence immediately preceding the prior sentence and the Available Equity Amount exceeds the Aggregate Equity Election Amount, then each Cash Election Unit of such holder for which a valid Proration Election was not made shall be converted into the right to receive a combination of shares of Parent Common Stock and cash pursuant to the proviso of Section 3.1(c)(i)(A) of this Agreement.

  • Seller agrees to accept the Aggregate Equity Consideration based upon its own inspection, examination and determination with respect thereto as to all matters, and without reliance upon any express or implied representations or warranties of any nature made by or on behalf of or imputed to Buyer, except as expressly set forth in this Agreement.

  • The Aggregate Equity Commitment (or any amounts contributed or funded as contemplated pursuant to the prior sentence) shall be used solely as will be required, and solely to the extent necessary, to fund the Merger Price Amount or the Transaction Cost Amount, solely to the extent and when required to be paid on the terms and subject to the conditions set forth herein and in the Merger Agreement and not for any other purpose whatsoever.

  • Exhibit I attached hereto sets forth the parties allocation of the Aggregate Cash Consideration and the Aggregate Equity Consideration in accordance with the preceding sentence.

  • Subject to Section 2.05, SteepRock hereby agrees and acknowledges that SR Mezz may in the future issue additional LLC Units (including Common Units and other designations of Units) to any Person, including the Partnership, in accordance with the terms of the LLC Agreement without the consent of SteepRock, and whether or not the SteepRock Aggregate Equity Commitment or the Partnership Aggregate Equity Commitment have been funded in full.

Related to Aggregate Equity

  • Aggregate Capital means, on any date of determination, the aggregate amount of Capital of all Purchaser Interests outstanding on such date.

  • Aggregate Invested Amount means, as of any date of determination, the sum of the Invested Amounts of all Series of Certificates issued and outstanding on such date of determination.

  • Aggregate Senior Percentage With respect to any Distribution Date, the fraction, expressed as a percentage, the numerator of which is equal to the aggregate Class Certificate Balance of the Senior Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all the Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments in the Prepayment Period related to that prior Due Date).

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Aggregate Excess Funding Amount of a Non-Funding Lender shall be the aggregate amount of (A) all unpaid obligations owing by such Lender to the Agents, L/C Issuers and other Lenders under the Loan Documents, including such Lender’s share of all Revolving Loans, Letter of Credit Obligations, plus, without duplication, (B) all amounts of Letter of Credit Obligations of such Non-Funding Lender reallocated to other Lenders pursuant to subsection 1.11(e)(ii).