Equity Placement definition
Examples of Equity Placement in a sentence
Equity Placement will include any debt structure that has any equity or warrant component.
In consideration for and subject to the Investor’s purchase of the Initial Investor Subscription Shares in accordance with the terms and conditions of this Agreement, the Company shall pay an equity placement fee to the Investor by way of the issuance of the Initial Investor Equity Placement Fee Shares to the Investor upon Initial Closing.
The closing of the sale and purchase of the Initial Investor Subscription Shares and the issuance of the Initial Investor Equity Placement Fee Shares (the “Initial Closing”) shall occur on the third Business Day after the Stockholder Approvals have been obtained.
In consideration for and subject to the Investor’s purchase of the Additional Investor Subscription Shares in accordance with the terms and conditions of this Agreement, the Company shall pay an equity placement fee to the Investor by way of the issuance of the Additional Investor Equity Placement Fee Shares to the Investor upon Additional Closing.
The Company’s obligations to sell and issue the Additional Investor Subscription Shares and the Additional Investor Equity Placement Fee Shares at the Additional Closing are subject to the fulfilment or (to the extent permitted by any Requirement of Law) written waiver by the Company and Ascend, on or prior to the Additional Closing Date, of the condition in Section 4(c).
For purposes of clarification, the provisions of this Section 4.18 are to apply to any Subsequent Equity Placement, including multiple Subsequent Equity Placements, whether related or unrelated, during the period covered hereby.
The Parties acknowledge that the Partnership has issued 4,142,857 General Partner Units (which number of Units is equal to 2/98ths of the number of Class C Units issued in the Private Equity Placement) to the General Partner (the “Additional General Partner Units”).
In consideration for and subject to Ascend’s purchase of the Ascend Subscription Shares in accordance with the terms and conditions of this Agreement, the Company shall pay an equity placement fee to Ascend by way of the issuance of the Ascend Equity Placement Fee Shares to Ascend upon Closing.
The closing of the sale and purchase of the Additional Investor Subscription Shares and the issuance of the Additional Investor Equity Placement Fee Shares (the “Additional Closing”) shall occur on the tenth Business Day after the Stockholder Approvals have been obtained.
The Parties acknowledge that the Partnership has (a) distributed the Cash Consideration to the Contributing Parties and (b) issued the Class D Units to WGP pursuant to the Private Equity Placement.