Retained Equity Interests definition

Retained Equity Interests means Equity Interests issued by any Person to Borrower with respect to which (a) such Equity Interests were previously Attached Equity Interests issued to Borrower in conjunction with an Underlying Loan that was previously included in the Financed Portfolio, (b) the Underlying Loan which such Equity Interests were issued to Borrower in connection with is no longer included in the Financed Portfolio, and (c) Borrower has retained all right, title, and interest in such Equity Interests notwithstanding that the related Underlying Loan is no longer included in the Financed Portfolio.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Retained Equity Interests means the Equity Interests in the Company retained by ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇ upon consummation of the Recapitalization.

Retained Equity Interests. Any and all direct or indirect equity interests in Mick's and Peasant to be retained or held by the Companies subsequent to the closings under the MRI/PRI Stock Purchase Documents, as such Retained Equity Interests are provided for therein, including, without limitation, (a) the 19.9% equity interest in each of Mick's and Peasant (on a fully diluted basis), consisting of unsold common stock of such corporations initially to be held by Peasant Holding, (b) the Holding Company Securities referred to (and as defined in) the MRI/PRI Stockholders Agreement which may be issued to Peasant Holding from time to time thereunder, pursuant to ss.2.7 thereof, and (c) the PHC Warrants and the PHC Warrant Stock, each as referred to (and as defined) in the MRI/PRI Stockholder Agreement, which may be issued to Peasant Holding from time to time thereunder."

Examples of Retained Equity Interests in a sentence

Borrower shall take any and all actions necessary or as Agent may reasonably request, to create and maintain a valid perfected first-priority Lien in the Attached Equity Interests and any Retained Equity Interests, including, without limitation, by delivery of duly executed blank transfer powers.
Except (x) as provided in Section 7.10, (y) for any transfer or assignment of Attached Equity Interests or Retained Equity Interests by Harvest to any Subsidiary Borrower or by any Subsidiary Borrower to Harvest, and (z) for any transfer or assignment to the ICC Loan Holder by Harvest of Harvest’s right, title, and interest in, and rights and obligations under, the ICC Loan, Borrower shall not sell, lease, transfer, pledge, encumber, assign or otherwise dispose of any Collateral.
The Retained Business Liabilities shall remain the sole and exclusive obligation of Alibaba or any of its Subsidiaries until such time when the Retained Equity Interests shall be transferred to OpCo pursuant to Section 2.10.
No Seller owns, directly or indirectly, any capital stock or other equity, securities or similar interests in any corporation, liability company, partnership, joint venture or other association, other than the Retained Equity Interests owned by Shareholder.
Other than Equity Interests acquired in compliance with Section 7.3(a), Attached Equity Interests, Retained Equity Interests, and Harvest’s ownership of one-hundred percent of the Equity Interests in each Subsidiary Borrower, Borrower does not (a) own any Investment Property other than as otherwise permitted under this Agreement or (b) own any interest or participate or engage in any joint venture, partnership or similar arrangements with any Person.
Upon the terms and subject to the conditions of this Agreement, at the Closing, the Sellers shall sell to the Purchaser the Transferred Equity Interests and the Sellers shall retain the Retained Equity Interests, and the Purchaser shall pay to the Sellers the consideration specified in Section 2.02 for such Transferred Interest.
During the period starting on the Effective Date through the Closing Date Seller will cause all revenue and expenses reasonably attributed to the Retained Equity Interests, the compensation of Rod Olson, Michael Bashaw, and 25% of all other ▇▇▇▇▇▇▇▇▇ c▇▇▇▇▇▇▇▇ ▇▇▇▇▇e and personnel expenses to be charged to the Retained Equity Interests books.
All tax sharing agreements or similar agreements between WestCoast and the Retained Equity Interests shall be terminated as of the Closing Date and, after the Closing Date, WestCoast and its Subsidiaries shall not be bound thereby or have any liability thereunder.

More Definitions of Retained Equity Interests

Retained Equity Interests has the meaning set forth in Section 2(b)(iii). "SECURITIES ACT" means the Securities Act of 1933, as amended.

Retained Equity Interests means the Equity Interest in IQStat Inc., SALock, Omnitrax (Cartrax) and Satellite Accessories identified on Section 3(f) of the Disclosure Schedule.