Equity Issuance Prepayment Event definition

Equity Issuance Prepayment Event means the receipt by any Consolidated Party of proceeds from any Equity Issuance other than an Excluded Equity Issuance.

Equity Issuance Prepayment Event means, (i) with respect to any Equity Issuance other than an Excluded Equity Issuance or an Equity Issuance constituting a Qualifying IPO, the failure of the Credit Parties to apply (or cause to be applied) the Net Cash Proceeds of such Equity Issuance to Eligible Reinvestments during the Application Period for such Equity Issuance and (ii) with respect to any Equity Issuance constituting a Qualifying IPO, the receipt by any Consolidated Party of Net Cash Proceeds from such Equity Issuance.

Equity Issuance Prepayment Event means any issuance of Capital Stock by the Borrower (other than pursuant to a registration statement on Form S-8 (or any successor form)).

Examples of Equity Issuance Prepayment Event in a sentence

• Immediately upon the occurrence of an Equity Issuance Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to the lesser of (A) 50% of the Net Cash Proceeds of the related Equity Issuance or (B) except in the case of a Qualifying IPO, the Net Cash Proceeds not applied to make Eligible Reinvestments during the Application Period (such prepayment to be applied as set forth in clause (vi) below).

• Immediately upon the occurrence of an Equity Issuance Prepayment Event, the Borrower shall prepay the Loans in an aggregate amount equal to 50% of the Net Cash Proceeds of the related Equity Issuance (such prepayment to be applied as set forth in clause (v) below).

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• Immediately upon the occurrence of an Equity Issuance Prepayment Event, the Borrowers shall prepay the Loans in an aggregate amount equal to 50% of the Net Cash Proceeds of the related Equity Issuance not used to make Eligible Reinvestments within 360 days of such Equity Issuance (such prepayment to be applied as set forth in clause (v) below).

• Promptly, but in any event within two (2) Business Days, upon the occurrence of an Equity Issuance Prepayment Event, the Borrower shall prepay the Term Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Equity Issuance (such prepayment to be applied as set forth in clause (vi) below).

More Definitions of Equity Issuance Prepayment Event

Equity Issuance Prepayment Event means any issuance of Equity Interests in the Company to any Person other than a Loan Party, excluding any issuances to the Sponsor.

Equity Issuance Prepayment Event means any issuance for cash by Holdings or any of its Subsidiaries of its Capital Stock to any Person that is not a Credit Party that exceeds (in a single transaction or in a series of transactions) $1,000,000 in the aggregate including, without limitation, the issuance of Disqualified Equity Securities and the issuance by Holdings of its common Capital Stock (other than a public offering pursuant to a registration statement on Form S-8).

Equity Issuance Prepayment Event means the issuance or sale by Holdings, New US Holdco or the Borrower of any common Equity Interests (other than Excluded Equity Issuances) prior to the date that is 18 months after the Closing Date.

Equity Issuance Prepayment Event means the issuance of any Capital Stock by the Borrower or any of its Subsidiaries in any public offering (other than a public offering pursuant to a registration statement on Form S-8) or in any private placement, and including, in any event any capital contribution or other investment in, the Borrower by any Person, including the Parent.

Equity Issuance Prepayment Event means the occurrence of any Equity Issuance.

Equity Issuance Prepayment Event means the receipt by Holdings or the Borrower of cash proceeds from the issuance of their respective Equity Interests (other than Equity Interests issued pursuant to stock or stock option plans existing on the Closing Date) prior to the Initial Maturity Date.

Equity Issuance Prepayment Event appearing in Section 1.1 of the Existing Credit Agreement is deleted. SUBPART 2.2 SECTION 3.3(B)(V). Section 3.3(b)(v) of the Existing Credit Agreement is hereby amended and restated to read as follows: