Equity Recapitalization definition

Equity Recapitalization means the contribution of equity to, or the sale of equity interests in, the Initial Cricket Owner following the date of commencement of construction of the Project in connection with which one or more Equity Owners also receives a distribution of funds. The term “equity” shall include debt which is made by or paid to an Equity Owner or an affiliate thereof.
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Equity Recapitalization means any interposition of a holding company, a recapitalization of any class or classes of stock, or other reorganization of the Company or any Subsidiary of the Company, including by merger, consolidation, recapitalization, transfer or sale of shares or assets, or contribution of assets and/or liabilities, or any liquidation, exchange of securities, conversion of entity, migration of entity, formation of new entity, or any other transaction or group of related transactions (in each case other than to or with a third party that is not a member of the Company Group or one of its Affiliates (which Affiliates may include an entity formed for the purpose of such Equity Recapitalization)), in which:
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Examples of Equity Recapitalization in a sentence

  • The provisions of this Section 4.4 will apply, mutatis mutandis, to (i) any initial public offering and sale of any ordinary shares or common stock of any Subsidiary of the Company and the liquidation of the Company into any such Subsidiary in connection therewith and (ii) any Equity Recapitalization approved by the Board.

  • The -------- ----- ----- - parties acknowledge that the Purchase Price per share has been increased from the price contemplated by the September 10th Letter to reflect that the timing of the "Equity Recapitalization" referred to in the September 10th Letter has been significantly delayed from the parties' expectations in September.

  • If the total outstanding balance of the Land Payment is not paid as the result of the initial Refinancing or Equity Recapitalization, any balance not paid shall continue to be payable from subsequent Refinancings or Equity Recapitalizations.

  • Such Investor is acquiring the Purchased Securities solely for investment purposes, with no present intention of distributing or (other than to the limited extent set forth in the Equity Recapitalization Agreement) reselling any of the Purchased Securities or any interest therein.