Equity Loan Amount definition
Equity Loan Amount means the aggregate principal amount and accrued interest, as of the Closing, on those certain loans from the Company to certain holders of Company Capital Stock, as described on Schedule A. The Equity Loan Amount attributable to any share of Common Stock or Series AA Preferred Stock means the quotient obtained by dividing (x) the aggregate Equity Loan Amount owing from the applicable Stockholder to the Company by (y) the total number of shares of Common Stock or Series AA Preferred Stock securing such Equity Loan Amount.