Equity Term Sheet definition

Equity Term Sheet means the term sheet, which is attached as Exhibit E to the Disclosure Statement, which sets forth the material terms of the Shareholders Agreement.

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Equity Term Sheet means the term sheet set out at Section 9 (Equity Term Sheet) of Schedule 2 (Restructuring Terms).

Equity Term Sheet means the equity term sheet attached as Exhibit E hereto.

Examples of Equity Term Sheet in a sentence

• The parties agree to negotiate in good faith with each other to enter into, substantially concurrently with the Closing, a definitive limited liability company agreement of Parent (the “LLCA”) containing the rights and obligations set forth in the Equity and Governance Term Sheet attached hereto as Exhibit D (the “Equity Term Sheet”), and such other provisions not addressed in the Equity Term Sheet as are customary for transactions of this type or as otherwise mutually agreed between the parties.

• Prior to the Expiration Date, ▇▇▇▇▇▇ shall negotiate in good faith, and use reasonably best efforts and cooperate with Topco and SLR with respect to the finalization of the Topco A&R LLC Agreement in form and substance consistent with the terms set forth in the Equity Term Sheet.

• Prior to the Expiration Date, Subscriber, on the one hand, and Topco and SLR, on the other hand, shall negotiate in good faith, and use reasonable best efforts and cooperate with each other with respect to the finalization of the Topco A&R LLC Agreement in form and substance consistent with the terms set forth in the Equity Term Sheet.

• For the further avoidance of doubt, any change to the Preferred Equity Term Sheet or the economic terms set forth in the Exit Facilities Term Sheet shall constitute a material adverse change with respect to each Parties’ interests for purposes of this Section 12.

• New Trading Co Bonds do not restrict any transactions as part of or contemplated by the Restructuring, including the issuance of the Management Equity (as defined in the Equity Term Sheet) and transitional services agreement as in force on the Restructuring Effective Date.

More Definitions of Equity Term Sheet

Equity Term Sheet means Annex C of the plan term sheet attached as an exhibit to the Plan Support Agreement, describing proposed principal terms and conditions related to the capital structure and corporate governance of the Borrower.

Equity Term Sheet means a Term Sheet in substantially the form attached hereto as Schedule I-D by and among Innovate, the Company and the Persons to be named therein, as amended or modified from time to time, pursuant to which such Persons will agree to purchase shares of Innovate Common Stock and Innovate Preferred Stock on the terms set forth therein in connection with the Innovate Post-Closing Financing.

Equity Term Sheet means the term sheet attached at Schedule 9 (Equity Term Sheet). “Exit” has the meaning given to that term in the Equity Term Sheet.

Equity Term Sheet has the meaning assigned to that term in Section 2.5. “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as

Equity Term Sheet means the equity term sheet set out in Schedule 3; "FSMA" means the Financial Services and Markets Act 2000;

Equity Term Sheet means that certain Cengage Learning — Equity Term Sheet attached hereto as Exhibit B provided that to the extent the Equity Term Sheet conflicts with the Plan Term Sheet, the Plan Term Sheet shall control.

Equity Term Sheet. That certain term sheet entered into simultaneously with this Agreement by and between Borrower and Lender pursuant to which Lender has a legally binding option, but not an obligation, to be an equity investor in the Project consistent with the terms set forth in such term sheet.