Eligible Equity definition

Eligible Equity means (i) shares of the Company’s common stock (including treasury shares and shares of common stock sold pursuant to the Company’s dividend reinvestment plan and employee benefit plans), and/or (ii) shares of the Company’s perpetual non-cumulative preferred stock.
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Eligible Equity means Qualified Warrants or shares of the Company’s Common Stock (including treasury shares, employee stock purchase plan and shares of Common Stock sold pursuant to the Company’s dividend reinvestment plan and employee benefit plans).
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Eligible Equity means common shares, restricted shares, and restricted share units of the Company held by the Covered Person and their immediate family members that would be beneficially owned and reported on Forms 3, 4 and 5. Eligible Equity does not include stock options, stock appreciation rights or performance-based restricted shares.
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Examples of Eligible Equity in a sentence

  • The Company covenants to apply all Eligible Equity Proceeds raised pursuant to this clause (l) to the payment of accrued and unpaid interest on the applicable Interest Payment Date until all accrued and unpaid interest shall have been paid in full.

  • The Company shall notify the FRB prior to or promptly after the commencement of an APM Period and shall seek the approval of the FRB if and when required from time to time for the issuance, offer or sale of Eligible Equity and the application of the related proceeds as described in clause (k) below.

  • The Fund’s assets shall be deemed to be invested in the Defeasance Portfolio if at the time of determination the Fund has executed orders to sell all Eligible Equity Investments and Ineligible Investments, if any, and subsequent thereto has executed orders to invest all of the proceeds thereof in the Defeasance Portfolio.

  • Allocation The offering of New Convertible Notes Class B will include (i) a preemptive rights offering (the “New Convertible Notes Class B Preemptive Rights Offering”) to Eligible Equity Holders, and (ii) the allocation on the Effective Date of New Convertible Notes Class B not subscribed and purchased during the New Convertible Notes Class B Preemptive Rights Offering (the “New Convertible Notes Class B Subsequent Notes Allocation”) to the New Convertible Notes Class B Backstop Parties.

  • Executive and Parent agree that, notwithstanding anything to the contrary set forth in the RSL Equity Plan or any applicable award agreement thereunder, effective as of the Effective Date, the Eligible Equity Awards (including any award agreement evidencing such awards) shall be deemed automatically amended to provide for the Equity Acceleration Benefits in accordance with, and subject to the terms of, this Section 4(d), without any further action necessary by Parent or Executive.

  • On any Interest Payment Date during an APM Period, the Company covenants not to pay any accrued and unpaid interest on the ICONs except on an Interest Payment Date and except in an aggregate amount for each Interest Payment Date that does not exceed the Eligible Equity Proceeds with respect to such Interest Payment Date raised by the Company pursuant to clause (l) below.

  • On the Effective Date, each Participating Holder of General Unsecured Claims, shall receive its share of New Convertible Notes Class C, subject to reduction by the subscription and purchase of New Convertible Notes Class C by the Eligible Equity Holders in the New Convertible Notes Preemptive Rights Offering Period, in accordance with the following waterfall: 1.

  • Eligible Equity Shareholders who renounce their Rights Entitlements cannot apply for additional Rights Equity Shares.

  • In the event the FRB shall not disapprove of the sale of Eligible Equity, but shall have nonetheless disapproved of the use of the Eligible Equity Proceeds to pay Deferred Interest, the Company may use such Eligible Equity Proceeds for other purposes and shall be permitted to pay Deferred Interest from any source.

  • Upon the written request of each such Securityholder given within 20 days after mailing of such notice by the Company in accordance with Section 16, the Company shall, subject to the provisions of Section 6.8, cause to be registered under the Securities Act all of the Eligible Equity Securities that such Securityholder has requested to be registered.


More Definitions of Eligible Equity

Eligible Equity means all or any of the following (but not exceeding in aggregate the sum of (pound)22,500,000 unless the Secretary of State shall otherwise agree in writing):
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Eligible Equity means, with respect to any Danish Loan Party:
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Eligible Equity means, from time to time, the aggregate of the amount of:
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Eligible Equity means collectively, the Blockers’ Equity and the Units (other than the Blockers’ Units) that are outstanding immediately prior to the Effective Time, giving effect to the Company LLC Agreement, including without limitation, Section 3.2 thereof and the definition of “Proceeds” therein.
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Eligible Equity means (i) Common Stock and/or (ii) Qualified Warrants that the Company may sell at its sole discretion.
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Related to Eligible Equity

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Eligible Portfolio Investment means any Portfolio Investment held by any Obligor (and solely for purposes of determining the Borrowing Base, Cash (other than Cash Collateral) and Cash Equivalents held by any Obligor) that, in each case, meets all of the criteria set forth on Schedule 1.01(c) hereto; provided, that no Portfolio Investment, Cash or Cash Equivalent shall constitute an Eligible Portfolio Investment or be included in the Borrowing Base if the Collateral Agent does not at all times maintain a first priority, perfected Lien (subject to no other Liens other than Eligible Liens) on such Portfolio Investment, Cash or Cash Equivalent or if such Portfolio Investment, Cash or Cash Equivalent has not been or does not at all times continue to be Delivered (as defined in the Guarantee and Security Agreement). Without limiting the generality of the foregoing, it is understood and agreed that any Portfolio Investments that have been contributed or sold, purported to be contributed or sold or otherwise transferred to any Financing Subsidiary, Immaterial Subsidiary, CFC, Transparent Subsidiary or any other Person that is not a Subsidiary Guarantor, or held by any Financing Subsidiary, Immaterial Subsidiary, CFC, Transparent Subsidiary or any other Person that is not a Subsidiary Guarantor shall not be treated as Eligible Portfolio Investments until distributed, sold or otherwise transferred to any Obligor free and clear of all Liens (other than Eligible Liens). Notwithstanding the foregoing, nothing herein shall limit the provisions of Section 5.12(b)(i), which provide that, for purposes of this Agreement, all determinations of whether an Investment is to be included as an Eligible Portfolio Investment shall be determined on a Settlement-Date Basis, provided that no such Investment shall be included as an Eligible Portfolio Investment to the extent it has not been paid for in full.

  • Eligible Equipment means Equipment of the Company or a Grantor which the Administrative Agent, in the exercise of its reasonable commercial discretion, determines to be Eligible Equipment. Without limiting the discretion of the Administrative Agent to establish other criteria of ineligibility, Eligible Equipment shall not (unless otherwise agreed to by the Administrative Agent) include any Equipment:

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Eligible revenue means the property tax increment and any