Equity Position definition

Equity Position has the meaning set out in Section 7.1.
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Equity Position means any position that at all times as determined by ▇▇▇▇▇▇ in its reasonable discretion:
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Equity Position means each share of Common Stock and each Convertible Share.
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Examples of Equity Position in a sentence

  • Please note that this means that if you hold multiple Trading Accounts, you may incur interest charges although the aggregate Net Free Equity Position of all your Trading Accounts may be positive.

  • The Company, Alpharma and the Original Lenders agree, that (a) the Indebtedness evidence by the Alpharma Note and the Furm▇▇ ▇▇▇es and the payment of principal thereof will be subordinated in right of payment to the prior payment in full of the Senior Indebtedness and (b) the Furm▇▇ ▇▇▇es will be subordinate in right of payment to the Alpharma Note to the extent of any Negative Equity Position.

  • Such anti-dilution protection shall be effected by IMPH adjusting the conversion price or issuing to iCo an amount of additional Financing Stock that maintains iCo’s Equity Position (so that it remains at its percentage ownership of IMPH (on a fully-diluted and as converted basis) determined at the time of the original issuance of the License Shares).

  • It is understood and agreed that the assignment of the Equity Position to [REDACTED] or to any other person or entity shall not operate to modify, revoke or extinguish the proxy rights that the Purchasers and [REDACTED] have granted, under Section 2.1, to the Company respecting the Equity Position.

  • The Equity Position shall consist of $5,000,000 (5,000 Units) of Class A-1 limited liability company interests in EMP as described on Schedule 3.2 (the "EMP Units") to be issued to Sellers in exchange for 5% of the GCC Company Stock.

  • It is understood and agreed that the Purchasers and the [REDACTED], intend to deposit their respective portions of their Equity Portion into [REDACTED] which will hold and/or manage the Equity Position defined in Section 2.1 on behalf of the Purchasers.

  • The Purchaser or an Affiliate shall be deemed to hold 50% of the Purchaser's Original Equity Position as long as such persons hold in the aggregate (i) at least 50% of the securities issued or issuable upon conversion of the Note or upon conversion of any shares of capital stock of the Company issued to the Purchaser or an affiliate pursuant to the Note and (ii) hold at least a 50% interest in the Warrant or in any shares of Common Stock issued or issuable pursuant to the Warrant.

  • Notwithstanding the foregoing, Par's consent shall no longer be required to take the actions listed in this Section 7.5 if Par holds less than the Equity Position Threshold.

  • Trust Title: Chairman, President and Chief Executive Officer LENDER: as Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Any Debt Position, Equity Position or any Cash and Cash Equivalents (as each such term is defined below).

  • BCE may, within thirty (30) days after its receipt of such notice from CGI, elect (by written notice to CGI) to subscribe (directly, or through any of its Wholly-Owned Subsidiaries) to such number of Class A Shares as are necessary to allow BCE to maintain, immediately after such subscription, the same BCE Equity Position as the BCE Equity Position immediately prior to such issuance.


More Definitions of Equity Position

Equity Position means that percentage calculated as the proportionate share of each Member Library’s annual payment for “Products and Services” (also known as “operating fees”),
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Equity Position means any position denominated in USD, EUR, CAD or GBP that at all times as determined by Lender in its reasonable discretion:
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Related to Equity Position

  • Cash Position means the Company’s level of cash and cash equivalents.

  • Net Long Position means: such shares of Common Stock Beneficially Owned, directly or indirectly, that constitute such person’s net long position as defined in Rule 14e-4 under the Exchange Act mutatis mutandis, provided that “Net Long Position” shall not include any shares as to which such person does not have the right to vote or direct the vote; and the terms “person” or “persons” shall mean any individual, corporation (including not-for-profit), general or limited partnership, limited liability or unlimited liability company, joint venture, estate, trust, association, organization or other entity of any kind or nature.

  • Long Position means a buy position that appreciates in value if market prices increase. In respect of Currency Pairs: buying the Base Currency against the Quote Currency.

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Shielded position means the location within the radiographic exposure device or storage container which, by manufacturer's design, is the proper location for storage of the sealed source.