Equity Issuances definition

Equity Issuances means, in respect of any Person, the issuance or sale of Equity Interests of such Person other than any such issuance to directors, officers or employees pursuant to employee benefit plans in the ordinary course of business (including by way of exercise of stock options).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Equity Issuances means all common and preferred equity issuances.

Equity Issuances has the meaning assigned to such term in Section 4.13(j).

Examples of Equity Issuances in a sentence

• From and after the Effective Date, the Guarantor will not permit its Adjusted Consolidated Net Worth, calculated as of the end of each fiscal quarter, to be less than an amount equal to the sum of (i) $8,187,000,000 plus (ii) 50% of the aggregate amount of the Net Proceeds of Equity Issuances by the Guarantor and its Subsidiaries after March 31, 2021.

• Permit Consolidated Tangible Net Worth, as of the last day of any fiscal quarter commencing with the Initial Compliance Date, to be less than the sum of (i) $1,400,772,000 (which amount is seventy-five percent (75%) of Consolidated Tangible Net Worth as of June 30, 2017) plus (ii) seventy-five percent (75%) of the Net Proceeds of all Equity Issuances by the Consolidated Parties after June 30, 2017.

• Within 105 days after the end of each fiscal year of the Credit Parties, a certificate (i) providing a detailed calculation of Excess Cash Flow (with a break-out of each of the components of the definition thereof set forth in Section 1.1) and (ii) containing information regarding the amount of all Asset Dispositions, Debt Issuances and Equity Issuances that were made during the prior fiscal year.

• The Company shall bear the expenses and costs of all the parties to the transactions contemplated hereby (including the fees and expenses of counsel to the Bank and any nominee of the Bank that is an Affiliate of the Bank in connection with the Clause 9.4 Equity Issuances).

• Tangible Net Worth at any time to be less than (i) $870,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2003 (other than Equity Issuances to the Borrower or any Subsidiary).

More Definitions of Equity Issuances

Equity Issuances means, collectively, (i) the issuance of the Restricted Shares and (ii) the Preferred Stock Issuance.

Equity Issuances means the issuances by the Company of common stock and the Class B Preferred Stock, in each case consummated in May 2004.

Equity Issuances means issuances of equity of the Borrower that result in cash proceeds, other than (a) any issuances pursuant to employee and/or director stock plans or employee and/or director compensation plans, (b) any issuance of its equity pursuant to the conversion of any debt securities to equity or the conversion of any class of equity securities to any other class of equity securities, and (c) any issuance by the Borrower of its equity as consideration for a Permitted Acquisition

Equity Issuances means any sales of Common Stock by the Company effected in conjunction with the transactions contemplated by this Agreement and the Stock Purchase Agreement.

Equity Issuances means the Equity Bridge and/or issuances by Signature of its common equity (including warrants and rights to purchase common equity) and/or preferred equity consummated on or prior to the Effective Date, at least $125 million (less the amount, if any, of up to $60 million of preferred equity of Signature issued to the seller under the Purchase and Sale Agreement as a portion of the consideration for the Acquisition) of the net proceeds of which will be contributed to Intermediate Holdings in the form of common equity capital of Intermediate Holdings, and Intermediate Holdings shall contribute the full amount of such net proceeds in cash to the Company in the form of common equity of the Company, to finance the Acquisition and related fees and expenses.

Equity Issuances is defined in clause (d) of the third recital.

Equity Issuances means any issuance by Borrower to any Person ---------------- which is not a Credit Party of (a) shares of its Capital Stock, (b) any shares of its Capital Stock pursuant to the exercise of options or warrants or (c) any shares of its Capital Stock pursuant to the conversion of any debt securities to equity.