Net Issue Proceeds definition

Net Issue Proceeds means, with respect to any Future Issuance, the Cash Proceeds of such Future Issuance net of (i) any reasonable and customary brokers' and advisors' fees, any underwriting discounts and commissions and other costs incurred in connection with such transaction (provided that evidence of such fees, discounts, commissions and costs is provided to the Board and the Agent), (ii) provisions for all taxes payable as a result of such transaction without regard to the consolidated results of operations of Group, the Borrower and their respective Subsidiaries, taken as a whole, and (iii) payments made to repay Indebtedness or any other obligation outstanding at the time of such Future Issuance that is secured by a Lien on the property or assets pledged to secure such Future Issuance.

Net Issue Proceeds means the net cash proceeds of the Issue (after deduction of allexpenses and commissions relating to such Issue and payable by the Company);

Net Issue Proceeds means, with respect to any Replacement Secured Financing, the Cash Proceeds of such Replacement Secured Financing net of (i) any reasonable and customary brokers' and advisors' fees, any underwriting discounts and commissions and other costs incurred in connection with such transaction (provided that evidence of such fees, discounts, commissions and costs is provided to the Administrative Agent), (ii) provisions for all taxes payable as a result of such transaction without regard to the consolidated results of operations of the Borrower and its Subsidiaries, taken as a whole, and (iii) payments made to repay Indebtedness or any other obligation outstanding at the time of such Replacement Secured Financing that is secured by a Lien on the property or assets pledged to secure such Replacement Secured Financing.

Examples of Net Issue Proceeds in a sentence

• Our Board and the management will monitor the utilization of the Net Issue Proceeds through our audit committee.

• The entire fund requirements are to be financed from the Net Issue Proceeds, and there is no requirement to make firm arrangements of finance under Regulation 230(1)(e) of the SEBI Regulations through verifiable means towards at least 75% of the stated means of finance, excluding the amounts to be raised through the Issue.

• Means of Finance The entire fund requirements are to be financed from the Net Issue Proceeds, and there is no requirement to make firm arrangements of finance under Regulation 4(2)(g) of the SEBI Regulations through verifiable means towards at least 75% of the stated means of finance, excluding the amounts to be raised through the Issue.

• On the Maturity Date the Investment Counterparty shall repay an amount equal to the Net Issue Proceeds to the Company under the Term Loan Agreement and shall pay an amount under the Forward Transaction which, together with the repayment of the Net Issue Proceeds, will generate the Investment Return payable in respect of the Cell Shares (being the Forward Cash Settlement Amount).

• Means of Finance We intend to finance our Objects of Issue through Net Issue Proceeds which is as follows: Particulars Since, the entire fund requirement are to be funded from the proceeds of the Issue, there is no requirement to make firm arrangements of finance under Regulation 230(1)(e) of the SEBI ICDR Regulations through verifiable means towards at least 75% of the stated means of finance, excluding the amounts to be raised through the proposed Issue.

More Definitions of Net Issue Proceeds

Net Issue Proceeds has the meaning specified in Section 2.6(a).

Net Issue Proceeds means the Gross Issue Proceeds less applicable fees and expenses of the Initial Issue and the Placing Programme;

Net Issue Proceeds means, with respect to any Future Issuance, the proceeds of such Future Issuance in the form of Cash and Cash Equivalents, net of (i) any reasonable and customary brokers’ and advisors’ fees, any underwriting discounts and commissions and other costs incurred in connection with such transaction (provided that evidence of such fees, discounts, commissions and costs is provided to the Agent if requested), (ii) provisions for all taxes payable as a result of such transaction taking into account the consolidated results of operations of the Obligors, taken as a whole (as estimated in good faith by the Chief Financial Officer or the Chief Accounting Officer of the Parent), and (iii) payments made to repay Indebtedness or any other obligation outstanding at the time of such Future Issuance that is secured by a Lien on the property or assets pledged to secure such Future Issuance.

Net Issue Proceeds means any cash proceeds received by a member of the Group (less all (i) reasonable fees, underwriting discounts and commissions, (ii) taxes and (iii) reasonable costs and expenses properly incurred by any member of the Group in connection therewith) as consideration for any issue, sale or public offering of any debt security or other public or private bond or other debt capital markets issuance (including of any hybrid or equity-linked instrument) or the borrowing of any indebtedness under any bilateral or syndicated credit facility after the Signing Date (other than any bilateral or syndicated credit facility existing on the date hereof, or entered into in order to refinance or replace (in each case, for no greater amount) any bilateral or syndicated credit facility existing on the date hereof). The Facility shall automatically be cancelled in full immediately on the date on which the Merger Agreement is terminated in accordance with its terms. Illegality: As per the Existing Facility Agreement. Unlawfulness: As per the Existing Facility Agreement. Voluntary Cancellation: Upon 3 Business Days written notice, the Company may cancel without premium or penalty all or part of the Facility (in the case of partial cancellations, in minimum amounts of $25,000,000 and in integral multiples of $5,000,000). Voluntary Prepayment and/or Cancellation under Specific Circumstances: The Company may immediately prepay any amount outstanding and cancel the commitment of any Lender which makes a claim under the increased costs, tax gross up, tax indemnity or additional costs provisions. -6-Commitment Fee: The Company will pay to the Agent, for the account of the Lenders, a Commitment Fee, from and including the Signing Date, to but excluding the Closing Date. The Commitment Fee rate shall equal, as of any day after the Signing Date that occurs:

Net Issue Proceeds means the proceeds of the Issue, after deduction of the Issue Costs payable by the Company;

Net Issue Proceeds means the Gross Issue Proceeds minus the costs accrued in connection with the Issue;

Net Issue Proceeds means the net cash proceeds of the issue of the C Shares (after deduction of those commissions and expenses relating thereto and payable by the Company);