Preferred Equity Financing definition

Preferred Equity Financing means, from time to time, (i) the aggregate amount of debt owed by the Company and/or one or more of its Subsidiaries and secured by equity interests in one or more of the Company's Subsidiaries and (ii) the aggregate amount of preferred equity issued by one or more of the Company's Subsidiaries, which by its terms has a final redemption or maturity date.
Preferred Equity Financing shall have the meaning ascribed to such term in the LLC Agreement.
Preferred Equity Financing means the $350,000,000 gross proceeds received by the Parent from the issuance of Parent Preference Shares C to the Preferred Equity Investors.

Examples of Preferred Equity Financing in a sentence

  • Immediately prior to or substantially concurrently with the initial Credit Event hereunder, the Preferred Equity Financing shall have been consummated in all material respects in accordance with the terms of the Purchase Agreement and in an amount no less than the Minimum Equity Investment.

  • Set forth on Exhibit B is the current estimated sources and uses of funds in connection with the Contribution Agreement, the Debt and Preferred Equity Financing and the consummation of the Transactions, which reflect the current assumptions regarding the sources and uses of funds for such purposes, and Merger Sub shall notify the Special Committee of any material changes in such estimated sources and uses of funds.

  • If any of the providers of the Debt and Preferred Equity Financing require the delivery of a solvency opinion from an independent valuation firm at the Closing, Merger Sub shall cause such solvency opinion to also be delivered to the Special Committee.

  • Contemporaneously with the Merger, the Surviving Corporation and/or Parent, as the case may be, will consummate the Debt and Preferred Equity Financing.

  • Upon receipt, Parent hereby agrees to immediately contribute the net proceeds of any Debt and Preferred Equity Financing received by Parent to Merger Sub (if received by Parent prior to the Merger) or to the Surviving Corporation (if received by Parent contemporaneously with the Merger).


More Definitions of Preferred Equity Financing

Preferred Equity Financing means the contribution or investment in the Parent Entities in the respective amounts set forth in the Preferred Equity Commitment Letter, which shall include, for the avoidance of doubt, any replacement financing thereof.
Preferred Equity Financing means the preferred equity financing to be provided pursuant to the Preferred Equity Commitment Letter.
Preferred Equity Financing shall have the meaning provided in Section 4.16(d).
Preferred Equity Financing means a preferred equity financing of Purchaser occurring following the Closing Date resulting in gross proceeds to Purchaser, Quebec Subsidiary and Ontario Subsidiary, collectively, of at least Ten Million Dollars ($10,000,000), excluding for purposes of calculating such gross proceeds amounts received by Purchaser in connection with the issuance of the Investor Convertible Notes.
Preferred Equity Financing is defined in Section 3.7.
Preferred Equity Financing means a bona fide transaction or series of transactions with the principal purpose of raising capital, pursuant to which the Company issues and sells Preferred Stock at a fixed valuation, including but not limited to, a pre‐money or post‐money valuation.
Preferred Equity Financing or “Debt Financing” means the financing contemplated by the Commitment Letters, as applicable, as modified pursuant to the foregoing. Parent shall keep Seller informed on a reasonably current basis in reasonable detail of the status of its efforts to arrange the Financing or any alternative financing, including any delays or threatened delays in such efforts. Parent shall not, without Seller’s prior written consent, permit any amendment or modification to be made to, any waiver of any provision or remedy under, or any substitution or reduction of the commitments of the financing sources party to, the Commitment Letters and/or the related definitive documentation, and, if applicable, the alternative financing commitment arrangements and definitive agreements, that would, or would reasonably be expected to, (i) reduce the aggregate amount of the Financing, including by changing the amount of the fees to be paid or the original issue discount of the Financing, unless the aggregate amount of the Financing, together with other financial resources available to Parent, is sufficient to consummate the Transactions;