Effective Time Equity definition

Effective Time Equity means, with respect to any one or more Investors, the number of Shares beneficially owned by such Investor(s) as of immediately following the Effective Time (subject to appropriate adjustment for any stock splits, stock dividends, combinations, recapitalizations and the like); provided that, with respect to any New Investor, solely for purposes of this definition, the Shares beneficially owned by such New Investor shall be deemed to include all Merger Consideration CVR Shares underlying CVRs held by such New Investor, calculated as of the Settlement Date; provided further, that with respect to the Eros Founder Group, solely for purposes of this definition, the Shares beneficially owned by the Eros Founder Group shall not include any Shares underlying, or issuable pursuant to, any equity awards granted to members of the Eros Founder Group as compensation at or as of immediately following the Effective Time.
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Examples of Effective Time Equity in a sentence

  • From and after the Effective Time, Equity Office or EOP Partnership shall pay, if earned, development bonuses to employees identified on Schedule 5.8(g) of the Spieker Disclosure Letter up to the aggregate amount set forth on Schedule 5.8(g) of the Spieker Disclosure Letter.

  • As promptly as reasonably practicable after the Effective Time, Equity Office shall issue to each holder of an outstanding Spieker Stock Option a document evidencing the foregoing assumption by Equity Office.

  • From and after the Effective Time, Equity Office shall pay or cause EOP Partnership, as appropriate, to pay or cause to be paid, without deduction or withholding from any amounts payable to the holders of Equity Office Common Shares or Equity Office OP Units, as applicable, all Transfer and Gains Taxes (which term shall not in any event be construed to include for these purposes any Tax imposed under the Code).

  • On or prior to the Effective Time, Equity Holder agrees that he shall enter into an Employment Separation and Release Agreement between the Equity Holder and the Company substantially in the form attached hereto as Appendix A (the "Release Agreement").

  • As of the Effective Time, Equity Resources Fund XXII LLC, Equity Resource Arlington Fund Limited Partnership, Equity Resource Brattle Fund Limited Partnership and Equity Resource General Fund Limited Partnership will be the only members of the RESI II Fund.

  • Prior to the Effective Time, Equity Office shall appoint Equiserve LLC as the exchange agent, or another bank or trust company reasonably acceptable to ▇▇▇▇▇▇▇, to act as exchange agent (the “Exchange Agent”) for the exchange of the Merger Consideration upon surrender of certificates representing issued and outstanding shares of ▇▇▇▇▇▇▇ Common Stock and each series of ▇▇▇▇▇▇▇ Preferred Stock.

  • If the holder of any such Spieker Stock Option tenders such option prior to 11:59 p.m., Pacific Time, on the 20th business day after the purchase offer is made to the holders thereof, then within three business days after the Effective Time, Equity Office shall, subject to reduction for required withholding taxes, pay to each such tendering former holder of Spieker Stock Options the purchase price thereof.

  • In addition, as of the Effective Time, Equity Bank and EQBK shall take all actions necessary to cause the Community Directors to be elected to the board of directors of Equity Bank.

  • As of the Effective Time, Equity Resource Investments, LLC will be the only member of Parent.