Net Equity Issuance Proceeds definition

Net Equity Issuance Proceeds means the cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) received from the sale of equity.

Net Equity Issuance Proceeds means the net cash proceeds received by the Borrower or any of its subsidiaries from the issuance and sale of equity securities.

Net Equity Issuance Proceeds means the proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) received from the sale of equity.

Examples of Net Equity Issuance Proceeds in a sentence

• The parties intend that this Agreement shall be a present, absolute and unconditional assignment and shall, upon the occurrence and during the continuance of an Event of Default, give Agent the right to collect the Net Equity Issuance Proceeds and to apply such Net Equity Issuance Proceeds to payment of the principal and interest and all other sums payable on the Obligations in accordance with the terms of the Credit Agreement.

• Prior to the occurrence and continuance of an Event of Default, Agent hereby grants to Pledgor the right, subject to the provisions set forth herein, to collect all Net Equity Issuance Proceeds and the Proceeds thereof so long as Pledgor complies with the terms of the Credit Agreement and this Agreement.

• On the date of receipt by any Loan Party (or any Affiliate of such Loan Party on behalf of such Loan Party) of any Net Equity Issuance Proceeds, the Borrower shall offer to prepay, and, if accepted by the Lender, be obligated to prepay the Loans in an aggregate amount equal to such Net Equity Issuance Proceeds.

• The Pledge and Security Agreement (Equity Issuance Proceeds) from each of (x) Borrower and (y) Parent Guarantor to the Agent for the benefit of the Lenders respecting the “Collateral” as therein defined and described, including, without limitation, all Net Equity Issuance Proceeds, respectively, now or hereafter delivered to secure the Obligations, as the same may be modified or amended.

• Hazardous, medical or other prohibited wastes are to be removed and handled according to permit requirements prior to pushing the inspected material onto the conveyor.

More Definitions of Net Equity Issuance Proceeds

Net Equity Issuance Proceeds means (i) the sum of Cash payments and Cash Equivalents received by any Loan Party from any issuance of its Capital Stock, minus (ii) any bona fide direct costs incurred in connection with such issuance, including underwriting discounts and commissions and reasonable fees, costs and expenses payable by the Loan Parties in connection with such issuance in an amount not to exceed four percent (4.00%) of the consideration paid in connection with such issuance. Notwithstanding the foregoing, the proceeds received by any Loan Party from any issuance of its Capital Stock which are used substantially concurrently for a Permitted Contribution Purpose pursuant to Section 6.6(k) and Section 6.23(d) shall not constitute Net Equity Issuance Proceeds; provided that such amounts shall immediately become Net Equity Issuance Proceeds to the extent not applied to a Permitted Contribution Purpose within sixty (60) days of receipt by a Loan Party.

Net Equity Issuance Proceeds means, for any Borrower, with respect to any issuance of Additional Equity by such Borrower, an amount equal to (a) the Cash proceeds received by such Borrower from such equity issuance, minus (b) any bona fide direct costs incurred in connection with such equity issuance, including all attorneys', underwriters' and investment bankers' fees and expenses.

Net Equity Issuance Proceeds means in respect of any Equity Issuance of common stock by the Borrower or warrants, options or other rights to acquire common stock of the Borrower after the Closing Date, the aggregate cash proceeds of such Equity Issuance received by the Borrower after deducting reasonable, bona fide direct transaction costs and expenses, including fees and commissions applicable thereto.

Net Equity Issuance Proceeds means, with respect to any Equity Issuance, the net amount of Cash actually received by the Company after the Closing Date with respect to such Equity Issuance, net of any underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses, actually incurred by the Company in connection with such Equity Issuance.

Net Equity Issuance Proceeds means, with respect to the issuance of any Equity Interest by the Parent or the Borrower or any Restricted Subsidiary, the excess of (i) the sum of the cash and Permitted Investments received in connection with such issuance over (ii) the investment banking fees, underwriting discounts and commissions, and other out-of-pocket expenses and other customary expenses, incurred by the Borrower or such Restricted Subsidiary in connection with such issuance.

Net Equity Issuance Proceeds. With respect to any Equity Issuance, the ---------------------------- excess of the gross cash proceeds received by such Person from such Equity Issuance after deduction of actual transaction expenses (including without limitation, underwriting discounts and commissions) actually incurred in connection with such Equity Issuance."

Net Equity Issuance Proceeds means, in respect of any issuance of Equity Interests of Everest Bermuda or any of its Subsidiaries, cash proceeds received in connection therewith, net of underwriting discounts and commissions and out-of-pocket costs and expenses and disbursements paid or incurred in connection therewith in favor of any Person not an Affiliate of any Borrower;