Private Equity Issuance definition
Examples of Private Equity Issuance in a sentence
Not less than $40,000,000 of the proceeds of the Private Equity Issuance shall have been contributed to the Borrower.
The Administrative Agent shall have received from the Borrower, each Holding Company and each Guarantor (after giving effect to the Entity Conversion), a secretary’s certificate as to and attaching the organizational documents and incumbency of officers of such Person and authorization of such Person to execute and deliver this Amendment and the documents relating to the Private Equity Issuance, the Holdings Merger, the Entity Conversion and the Alta Repayment to which such Person is a party.
Subject to the terms and conditions of this --------------- Article V, if the Company makes a Private Equity Issuance (as defined below) while Buyer owns shares of Preferred Stock, Buyer shall have the option to exchange some or all of its Preferred Stock and Warrants for the equity security being issued by the Company.
Within 30 days after the closing of a private equity issuance of at least $200 million ("Private Equity Issuance"), ▇▇.
Within 30 days after the closing of the initial public offering of KMC's common stock ("IPO"), if the IPO occurs after a Private Equity Issuance, ▇▇.
At the closing of the Private Equity Issuance, -------------- the Company shall issue to Buyer the amount of New Securities that Buyer would be receiving if Buyer were investing an amount in cash equal to the liquidation value of the Preferred Stock being exchanged (including the amount of all accumulated or accrued dividends that have not been paid).
Within thirty 30 days after the closing of (i) the IPO if a Private Equity Issuance has not yet occurred and (ii) the first two public capital equity or debt events subsequent to the IPO, including, but not limited to, a secondary offering of the common stock of KMC, or a high yield debt issuance, ▇▇.
A "Private Equity Issuance" shall mean the issuance by the Company of equity securities (the "New Securities") other than (i) in connection with a merger or acquisition, (ii) to employees under a stock option or other employee benefit plan, or (iii) pursuant to a registration statement that has been declared effective by the SEC under the Exchange Act.