Equity Fees definition

Equity Fees means, collectively, (a) any Registration Delay Payments (as such term is defined in the 2005 Registration Rights Agreement) required to be paid pursuant to Section 2(f) of the 2005 Registration Rights Agreement, plus (b) any amounts required to be paid as a result of any failure by the Lead Borrower to timely issue and deliver or register the shares of Common Stock on the Lead Borrower’s share register or to credit a holder’s balance account with The Depository Trust Company, to which any holder is entitled upon such holder’s exercise of any 2005 Warrant pursuant to Section 1(c) of each 2005 Warrant, plus (c) any amounts required to be paid as a result of any failure by the Lead Borrower to credit a holder’s balance account with The Depository Trust Company or to issue and deliver a certificate to a holder for the number of Common Shares to which such holder is entitled upon the conversion of Preferred Shares, or to issue and deliver a new Preferred Stock Certificate representing the number of Preferred Shares to which a holder is entitled, pursuant to Section 2(d)(v) of the 2005 Certificate of Designations, all such fees set forth in clauses (a), (b) and (c) herein in an amount not to exceed $250,000 in the aggregate in any calendar year.

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Equity Fees means Private Company Equity accepted by the Company in lieu of cash fees for executive search services performed by the Company through DHR; (ii) "PRIVATE COMPANY EQUITY" means equity interests in a corporation, LLC, or other entity that retains the Company to perform executive search services through DHR; (iii) "WINDOW PERIOD" means the period of time beginning December 15, 1998 and ending on the Termination Date; and (iv) "TERMINATION DATE" means the earlier of the closing of a public offering of securities of EPS or any of its Affiliates (as defined in Schedule 1) or the date of a Change in Control of the type described in paragraph (ii) or (iii) of the definition of "Change in Control" in Schedule 1.

Equity Fees means the Development Fees, the Pre-Closing Amount and the Post-Closing Amount.

Examples of Equity Fees in a sentence

However, SunTx at its sole discretion, may waive the Equity Fee, without impacting the right to future Equity Fees or other terms of this Agreement.
The Director shall receive Equity Fees to Director, set forth in Section II(B), Additional Equity Fees for Committee Chairmanships and Participation, set forth in Section II(C), and Stock Options, set forth in Section II(D).
The Board will vote to use all or a portion the funds either: (a) to repay Equity Fees to some or all Persons on the applicable Refund Lists, (b) to pay expenses and/or other obligations of the Club, or (c) both.
After the Club has obtained a full complement of Tennis/Social Members and Tennis/Social Affiliates as described above, upon the resignation, expulsion, or death without a surviving Spouse of a Tennis/Social Member or Tennis/Social Affiliate and the admission of a new Tennis/Social Member or Tennis/Social Affiliate, the Club will refund the Equity Fees of the next former Tennis/Social Member, Non-Resident Tennis/Social Member, or Clubhouse Member that is at the top of the Tennis/Social Equity Refund List..
The Club will not be required to repay any Equity Fees to former Tennis/Social Members, former Non- Resident Tennis/Social Members, or former Clubhouse Members unless the Club has at least one hundred fifty (150) Tennis/Social Members and Tennis/Social Affiliates combined.
At the Closing, Holding shall deliver to the Purchaser (i) stock certificates registered in the Purchaser’s name and representing the Shares, which certificates shall bear the legends set forth in Section 5(b) and (ii) the Equity Fees.
If sufficient Equity Fees and/or Annual Dues for the new Membership category have not already been paid under the prior Membership category, then upon approval of the Board in its sole discretion, a new Installment Plan may be entered into for the balance of Equity Fees and/or Annual Dues due under the lesser Membership category.
If the resigning Member’s or Affiliate’s Club Account is not delinquent, the resigning Member or Affiliate shall not be subject to any further Assessments, Equity Assessments, Annual Dues, and Club Charges subsequent to the effective date of resignation if all Equity Fees, Annual Dues, Assessments, Equity Assessments, and Club Charges are paid in full within thirty (30) days after the effective date of the resignation or are paid in accordance with an agreed Installment Plan.
If the Board decreases the number of Members and Affiliates in a Membership category below the numbers set forth above, the lower number set by the Board shall control so that once that number of Members and Affiliates is reached, the Club will be required to repay Equity Fees as described below.
If the Member or Affiliate that is subject to an Installment Plan changes to a Membership category with Equity Fees and/or Annual Dues which are lesser than Member’s or Affiliate’s current Equity Fees and/or Annual Dues, then the Installment Plan shall terminate and the payments due under the Installment Plan will be accelerated and immediately become due and payable.

More Definitions of Equity Fees

Equity Fees means, collectively, (a) any "Registration Delay Payments" (as such term is defined in the 2005 Registration Rights Agreement) required to be paid pursuant to Section 2(f) of the 2005 Registration Rights Agreement, plus (b) any amounts required to be paid as a result of any failure by the Lead Borrower to timely issue and deliver or register the shares of Common Stock on the Lead Borrower's share register or to credit a holder's balance account with The Depository Trust Company, to which any holder is entitled upon such holder's exercise of any 2005 Warrant pursuant to Section 1(c) of each 2005 Warrant, plus (c) any amounts required to be paid as a result of any failure by the Lead Borrower to credit a holder's balance account with The Depository Trust Company or to issue and deliver a certificate to a holder for the number of Common Shares to which such holder is entitled upon the conversion of Preferred Shares, or to issue and deliver a new Preferred Stock Certificate representing the number of Preferred Shares to which a holder is entitled, pursuant to Section 2(d)(v) of the 2005 Certificate of Designations, all such fees set forth in clauses (a), (b) and (c) herein in an amount not to exceed $250,000 in the aggregate in any calendar year. "THIRD AMENDMENT TO WORKING CAPITAL CREDIT AGREEMENT EFFECTIVE DATE" means the date on which all conditions precedent to the Third Amendment to Working Capital Credit Agreement, dated as of April 29, 2005, among the Loan Parties, the Working Capital Administrative Agent and the Working Capital Lenders, have been satisfied."