Concurrent Equity Proceeds definition

Concurrent Equity Proceeds means, with respect to any Investment or Permitted Acquisition, payment of or in respect of Debt or other transaction, net cash proceeds received by Borrower from any equity issuance by Borrower or any receipt by Borrower of any capital contribution, in each case so long as such issuance or capital contribution is consummated, and such proceeds are received, substantially concurrently with (and in any event not more than 90 days prior to) the making of such Investment or Permitted Acquisition or other transaction for the purpose thereof.
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Concurrent Equity Proceeds means, with respect to any Permitted Acquisition, net cash proceeds received by the US Borrower from any issuance by the US Borrower of its Equity Interests (other than any Disqualified Preferred Stock) so long as (a) such issuance is consummated for the purpose of providing funds to finance such Permitted Acquisition and (b) such issuance is consummated, and such proceeds are received, on or within 120 days (or such longer period as agreed by the Administrative Agent (acting reasonably) upon the reasonable request of the US Borrower) prior to the date on which such Permitted Acquisition is consummated.
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Concurrent Equity Proceeds means, with respect to any Investment or Permitted Acquisition, net cash proceeds received by the Borrower from any issuance by the Borrower of its Equity Interests (other than Disqualified Equity Interests) or any receipt by the Borrower of a capital contribution, in each case so long as (a) such issuance or capital contribution is consummated for the purpose of providing funds for such Investment or Permitted Acquisition and (b) either (i) such issuance or capital contribution is consummated, and such proceeds are received, substantially concurrently with the making of such Investment or Permitted Acquisition or (ii) pending their application to pay for such Investment or Permitted Acquisition, such proceeds are (A) held in a separate Deposit Account of the Borrower or any other Credit Party established and used solely for such purpose that is subject to a Blocked Deposit Account Control Agreement in favor of the Collateral Agent (it being agreed that any amounts held in any such account shall be subject to withdrawal at the request of the Borrower, but that amounts so withdrawn for any purpose other than to pay for such Investment or Permitted Acquisition shall cease to constitute Concurrent Equity Proceeds) or (B) applied to prepay outstanding Revolving Loans (in which case an amount of the Revolving Commitments equal to the amount of the proceeds so applied will be designated as representing Concurrent Equity Proceeds and, if borrowed and used for any purpose other than to pay for such Investment or Permitted Acquisition, shall cease to constitute Concurrent Equity Proceeds).
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More Definitions of Concurrent Equity Proceeds

Concurrent Equity Proceeds means, with respect to any Investment, Permitted Acquisition, Restricted Payment, payment of or in respect of Indebtedness or other transaction, net cash proceeds received by the Borrower from any issuance by the Borrower of its Equity Interests (other than Disqualified Equity Interests) or any receipt by the Borrower of any capital contribution, in each case so long as such issuance or capital contribution is consummated, and such proceeds are received, substantially concurrently with (and in any event not more than 120 days prior to) the making of such Investment, Permitted Acquisition, Restricted Payment, payment or other transaction and for the purpose thereof.
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Related to Concurrent Equity Proceeds

  • Net Equity Proceeds means, with respect to each issuance or sale of any equity by any Person or any capital contribution to such Person, the cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) received by such Person from the respective sale or issuance of its equity or from the respective capital contribution.

  • Equity Proceeds means the Net Proceeds received by the Parent or Holdings from contributions to its common equity or from the issuance and sale of its common Equity Interests or Non-Cash Pay Preferred Stock.

  • Equity Issuance Proceeds means, with respect to any Equity Issuance, all cash and cash equivalent investments received by the Borrower or any of its Subsidiaries from such Equity Issuance (other than from any other Credit Party) after payment of, or provision for, all underwriter fees and expenses, SEC and blue sky fees, printing costs, fees and expenses of accountants, lawyers and other professional advisors, brokerage commissions and other out-of-pocket fees and expenses actually incurred in connection with such Equity Issuance.

  • Sale Proceeds All proceeds (excluding accrued interest, if any) received with respect to Assets as a result of sales of such Assets in accordance with the restrictions described in Article XII less any reasonable expenses incurred by the Collateral Manager, the Collateral Administrator or the Trustee (other than amounts payable as Administrative Expenses) in connection with such sales. Sale Proceeds will include Principal Financed Accrued Interest received in respect of such sale.

  • Investment Proceeds means, with respect to any Distribution ------------------- Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 1997-1 Accounts, together with an amount equal to the Series 1997-1 Investor Allocation Percentage of the interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.