Qualified Equity Interests means any Equity Interests that are not Disqualified Equity Interests.
Qualified Equity Interests means Equity Interests of the Borrower other than Disqualified Equity Interests.
Qualified Equity Interests of any Person means Equity Interests of such Person other than Disqualified Equity Interests; provided that such Equity Interests shall not be deemed Qualified Equity Interests to the extent sold or owed to a Subsidiary of such Person or financed, directly or indirectly, using funds (1) borrowed from such Person or any Subsidiary of such Person until and to the extent such borrowing is repaid or (2) contributed, extended, guaranteed or advanced by such Person or any Subsidiary of such Person (including, without limitation, in respect of any employee stock ownership or benefit plan). Unless otherwise specified, Qualified Equity Interests refer to Qualified Equity Interests of the Issuer.
Examples of Qualified Equity Interests in a sentence
On or prior to the Stock Repurchase Investment Date, the Loan Parties shall have received the proceeds of an issuance of Qualified Equity Interests or cash contributions to the capital of the Parent in an amount not less than $5,000,000 (the “Stock Repurchase Investment”).
More Definitions of Qualified Equity Interests
Qualified Equity Interests means Equity Interests of Holdings other than Disqualified Equity Interests.
Qualified Equity Interests of any Person means Equity Interests of such Person other than Disqualified Equity Interests. Unless otherwise specified, Qualified Equity Interests refer to Qualified Equity Interests of the Borrower.
Qualified Equity Interests means any Equity Interests other than Disqualified Equity Interests.
Qualified Equity Interests means and refers to any Equity Interests issued by Borrower (and not by one or more of its Subsidiaries) that is not a Disqualified Equity Interest.
Qualified Equity Interests means any Equity Interests of the Borrower or any Parent Entity other than Disqualified Stock.
Qualified Equity Interests means all Equity Interests of a Person other than Disqualified Stock of such Person.
Qualified Equity Interests means Equity Interests that are not Disqualified Equity Interests.