Equity Clawback definition

Equity Clawback means the planned redemption by the Issuer of a portion of its outstanding 12-1/4% Senior Notes due 2006 (the "Existing Notes") with a portion of the proceeds of the Guarantor's initial public offering of Common Stock, which closed in October, 1997. The Issuer intends to apply approximately $101.25 million of the initial public offering proceeds to the redemption of the Existing Notes.

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Equity Clawback means an equity clawback pursuant to Clause 10.7 (Equity Clawback).

Equity Clawback means a voluntary partial prepayment in accordance with Clause 9.5 (Voluntary Partial Redemption Upon an Equity Listing Event (Equity Clawback)).

Examples of Equity Clawback in a sentence

• Beginning on May 15 of the years indicated below, redeemable from time to time, in whole or in part, at the prices set forth below: 2010 at 105.750% 2011 at 102.875% 2012 and thereafter at 100.000% Equity Clawback Prior to May 15,2009, up to 35% of the notes may be redeemed with the proceeds of certain equity offerings at a price equal to 111.50% of the principal amount of the notes redeemed.

• Interest Payment Dates February 15 and August 15, commencing August 15, 2007 Call Features Non-callable for four years and thereafter at the following prices: On or after February 15, 2011 104.438% On or after February 15, 2012 102.219% On or after February 15, 2013 100.000% Equity Clawback 35% at 108.875% (prior to February 15, 2010).

• Equity Clawback: Up to 35% at 105.875% prior to June 15, 2023 Change of Control: Putable at 101% of principal plus accrued and unpaid interest Joint Book-Running Managers: ▇▇▇▇▇ Fargo Securities, LLC BofA Securities, Inc.

• Make-whole call @ T+50 prior to October 15, 2017 then: October 15, 2017 103.500 % October 15, 2018 102.333 % October 15, 2019 101.167 % October 15, 2020 and thereafter 100.000 % Equity Clawback: Up to 35% at 107.000% plus accrued interest until April 15, 2015 Change of Control: Put at 101% of principal plus accrued interest Joint Book Running Managers: ▇.▇.

• Equity Clawback: At any time prior to August 15, 2015, the Company may redeem up to 35% of the original principal amount of the Securities with the proceeds of one or more equity offerings of the Company’s common shares at a redemption price of 106.625% of the principal amount of the Securities, together with accrued and unpaid interest, if any, to the date of redemption.

• Equity Clawback Up to 40% at 105.50% prior to September 1, 2024 Change of Control 101% plus accrued and unpaid interest, if any Use of Proceeds The Issuer will use the net proceeds of this offering and borrowings under its $1,325 million new senior secured term loan facility (i) to repay all of its indebtedness under its existing senior term loan facility and (ii) to pay fees and expenses in connection therewith.

• Equity Clawback: Up to 35% at 105.250% prior to October 15, 2022 Change of Control: Putable at 101% of principal plus accrued and unpaid interest Joint Book-Running Managers: BofA Securities, Inc.

• Equity Clawback: Prior to June 15, 2014, we may on one or more occasions redeem up to 35% of the aggregate principal amount of the notes with the net cash proceeds of certain equity offerings, at a price equal to 108.500% of the aggregate principal amount of the notes plus accrued and unpaid interest.

• Callable, on or after the following dates: December 15, 2020 102.438 % December 15, 2021 101.219 % December 15, 2022 and thereafter 100.00 % Equity Claw-back: On or prior to December 15, 2020, up to 40% at a redemption price equal to 104.875%, plus accrued and unpaid interest, if any, to the redemption date.

• On or after March 15, 2015, at the prices set forth below beginning on March 15 of the years set forth below, plus accrued and unpaid interest: 2015 103.688 % 2016 102.458 % 2017 101.229 % 2018 and thereafter 100.000 % Equity Clawback: Up to 35% at 107.375% prior to March 15, 2013.

More Definitions of Equity Clawback

Equity Clawback means Borrowers' redemption of $291.14 million in principal amount of Mortgage Notes and payment of $32 million of related premiums.

Equity Clawback. Upon the occurrence of an IPO, the Company will have the right to redeem up to 100% of the then outstanding PIK Preferred out of the proceeds of the IPO at 102.5% of Liquidation Preference plus accrued and unpaid dividends. The percentage of PIK Preferred redeemed may be 1-49% or 100% and will be done on a pro rata basis if applicable.

Equity Clawback has the meaning ascribed to such term in paragraph (a) of Clause 10.6 (Early redemption – Equity Clawback).

Equity Clawback means the redemption of the Securities by the Company with the Net Cash Proceeds of one or more Public Equity Offerings as permitted by this Indenture.