Closing Date Dividend definition

Closing Date Dividend means one or more dividend payments or distributions paid in cash by AGM to Parent and by Parent to Trive Capital Fund I LP, Trive Affiliated Coinvestors I LP and Trive Capital Fund II (Offshore) Subsidiary, LP on or within two (2) days of the Closing Date in an aggregate amount not to exceed $12,226,398.50, the proceeds of which shall be used to repay the Existing Bridge Equity. Code: the Internal Revenue Code of 1986, as amended.
Closing Date Dividend has the meaning assigned to such term in the definition of “Transactions”.
Closing Date Dividend means the dividend, in an amount not to exceed $410.0 million, to be paid on, or within 45 days of, the Closing Date from the Borrower to Holdings from the proceeds of the Term Loans and to be paid from Holdings to Parent and from Parent to the holders of the Equity Interests of Parent.

Examples of Closing Date Dividend in a sentence

  • There shall not exist any action, suit, investigation, litigation or proceeding pending or threatened in any court or before any arbitrator or governmental authority that challenges the payment of the Closing Date Dividend, the funding of the Loans or any of the other transactions contemplated hereby.

  • The Borrower shall use the proceeds of the Loans solely as follows: (a) first, to refinance on the Closing Date, Prior Indebtedness and then, (b) to make the Closing Date Dividend and pay costs and expenses in connection with this Agreement and the Transactions, and (c) for working capital, capital expenditures and other general corporate purposes of the Borrower and its Subsidiaries not in contravention of any Requirement of Law and not in violation of this Agreement.

  • Both before and after giving effect to (a) the Term Loan made or continued on the Closing Date, (b) the payment of the Closing Date Dividend and (c) the payment and accrual of all transaction costs in connection with the foregoing, the Borrower is, together with its Subsidiaries, Solvent.

  • The proceeds of the Term Loans made on the Closing Date shall be applied by Borrower (i) to consummate the Transactions (including, without limitation, to pay the Transaction Costs), (ii) to repay the Existing Indebtedness, (iii) to pay the Closing Date Dividend and (iv) for general corporate purposes.

  • On or about the date hereof, the Contributee shall distribute to the Contributor the Closing Date Dividend.


More Definitions of Closing Date Dividend

Closing Date Dividend means that certain dividend or distribution to be made on or within twelve (12) Business Days after the Closing Date by the Borrower to Borrower’s direct or indirect equity holders (including any payments or adjustments made in connection with the dividend in respect of outstanding options to purchase common stock of Parent).
Closing Date Dividend means the payment by the Borrower of a one-time dividend in an aggregate amount not to exceed $175,000,000 to be made within 30 days of the Closing Date.
Closing Date Dividend shall have the meaning set forth in the recitals hereto.
Closing Date Dividend has the meaning specified in Section 6.05(c).
Closing Date Dividend means dividend payments by Hygenic to Holdings (and contemporaneously by Holdings to its shareholders) on the Closing Date or within one Business Day thereafter in an aggregate amount not to exceed $134,000,000.
Closing Date Dividend means the dividend of $400,000,000 paid to Holdings on the Closing Date using $100,000,000 of existing cash on the Borrower’s balance sheet and $300,000,000 of proceeds from the Term Loan Facility, all or a portion of which may be structured as a repurchase from Holdings of the Borrower’s capital stock.
Closing Date Dividend is defined in the sixth recital.