Equity Payment definition

Equity Payment means a payment that is required to be made by Borrower to Lender pursuant to Section 4(iv) of the Purchase Agreement.
Equity Payment means, with respect to any Homeowner, a payment or credit (other than an Equity Loan) made to such Homeowner at the time of, or following the execution of, the related Home Purchase Contract by such Homeowner in respect of its equity interest in a Home as determined pursuant to the applicable Home Purchase Contract.
Equity Payment means any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in the Company or any Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Equity Interests in the Company or any option, warrant or other right to acquire any such Equity Interests in the Company.

Examples of Equity Payment in a sentence

  • The Fee is due and payable to the Advisor by wire transfer (and by delivery of a share certificate if the 25% Equity Payment method is selected) at the closing of the Business Combination (“Closing”).

  • Thus, the value of the Designated Number of New Shares shall be equal in value to [***] percent ([***]%) of the total equity of NTC existing on the date of the Equity Payment Event.

  • However, the Cash Budget shall be reduced by an amount of Euro [*] per subject and the Bonus Equity Payment Amount shall be reduced by an amount of USD [*] per subject for Clinic Activities not performed at CCBR sites for any patients enrolled in the United States.

  • Upon their issuance pursuant to this Agreement, the shares of Common Stock representing the Equity Payment will be duly authorized, validly issued, and fully paid and nonassessable, free and clear of any Liens.

  • If the Company does not elect to waive the Event Criteria, the Company shall have no obligation to make any Phantom Equity Payment until the Event Criteria shall be met.


More Definitions of Equity Payment

Equity Payment means each payment made by the Vessel Sponsors to the Borrower, whether by a Shareholder Loan or otherwise, pursuant to its obligations under Clause 2 of the Vessel Sponsors’ Undertaking to finance the payment by the Borrower of that part of the Current Project Cost not financed by a Loan;
Equity Payment has the meaning set forth in the definition of Minimum TNW.
Equity Payment any distribution of earnings or capital, or any redemption or other payment in respect of stock, membership interests, partnership interests or other equity interests, including options and warrants, either directly or indirectly, whether in cash or property or in obligations of any Loan Party.
Equity Payment means the payment to be made to the Band, calculated in the same manner as provided for in subsection 3.01(a) of the Framework Agreement, which Canada and the Band have agreed is $10, 217, 832.70;
Equity Payment is defined in Section 6.9.
Equity Payment shall have the meaning set forth in Section 2.6(b)(iii).
Equity Payment any distribution of earnings or capital to any Owner, or any redemption of stock or other ownership interests, either directly or indirectly, whether in cash or property or in obligations of the Borrower.