Equity Commitment definition

Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

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Equity Commitment has the meaning set forth in Section 5.6.

Equity Commitment of an Investor means such Investor’s Cash Equity Commitment and Rollover Commitment.

Examples of Equity Commitment in a sentence

Parent has fully paid, or caused to be fully paid, any and all commitment or other fees that are due and payable on or prior to the date of this Agreement pursuant to the terms of the Equity Commitment Letter and the Parent Credit Facility.
As of the date hereof, assuming satisfaction of the conditions contained in ‎Section 7.02, Parent does not have any reason to believe that any of the conditions to the Equity Financing as set forth in the Equity Commitment Letter or any of the conditions to the Parent Credit Facility (which have been previously provided to the Company) will not be satisfied on a timely basis or that the Required Amounts (as defined below) will not be available to Parent and Merger Sub on or prior to the Closing Date.
The Equity Commitment Letter provides, and will continue to provide, that each Seller is a third-party beneficiary thereof with rights of enforcement, subject to the terms and conditions set forth therein.
The transactions contemplated by the Equity Commitment Agreement (the “Equity Commitment Closing”) shall occur contemporaneously with the consummation of the Transactions and all conditions to the Equity Commitment Closing shall have been satisfied or, to the extent permitted by the Equity Commitment Agreement, waived (other than those conditions that by their nature are to be satisfied at the Equity Commitment Closing).
The Equity Commitment Closing shall occur contemporaneously with the consummation of the Transactions and all conditions to the Equity Commitment Closing shall have been satisfied or, to the extent permitted by the Equity Commitment Agreement, waived (other than those conditions that by their nature are to be satisfied at the Equity Commitment Closing).

More Definitions of Equity Commitment

Equity Commitment means, for the Lead Investor, the amount of cash equity set forth in the Equity Commitment Letter delivered by the Lead Investor to Parent on the date hereof, as such amount of cash equity may be amended from time to time as permitted by this Agreement.

Equity Commitment means, collectively, the Direct Commitment and the Stock Right Commitment.

Equity Commitment has the meaning set forth in Section 4.7.

Equity Commitment means the commitment of each Equity Commitment Party set forth in section 2.01 of the Equity Investment Commitment Agreement.

Equity Commitment has the meaning given to such term in the Equity Contribution Agreement.

Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require the Company to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) statutory pre-emptive rights or pre-emptive rights granted under the Organizational Documents of the Company; and (c) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to the Company.

Equity Commitment means (a) the underwritten public offering of Equity Interests of the Company contemplated by clause (d) of the definition of Equity Commitment Documents with respect to the initial funding of the Equity Investment described in the Second Amendment and (b) the obligation of the holders of the Equity Commitment Document described in clause (b) of such definition to purchase Equity Interests of the Company pursuant to the Company’s Forced Exercise or Voluntary Exercise right, and collectively pursuant to clauses (a) and (b), with aggregate gross consideration paid to the Company of approximately up to $1,025,000,000, in accordance with the Equity Commitment Documents.