Equity Distribution definition

Equity Distribution means any issuance of Equity Interests by the Company, including without limitation, any shares of Common Stock issued in connection with the Omnibus Incentive Plan (as such term is defined in the Business Combination Agreement).

Equity Distribution shall have the meaning provided in Section 7.5.

Equity Distribution shall have the meaning set forth in Section 2.1(m).

Examples of Equity Distribution in a sentence

• The ATM Program will be effective until the earlier of the issuance and sale of all of the Common Shares issuable pursuant to the ATM Program and February 14, 2024, unless terminated prior to such date by the Issuer or the Agent in accordance with the terms of the Equity Distribution Agreement.

• Upon the occurrence of the Post-Effective Date Equity Distribution, all of the New Equity Interests held in escrow by the Liquidation Trustee shall be relinquished and distributed to Holders of Allowed Equity Interests in Class 8, and the Liquidation Trust’s contingent interest in the New Equity Interests shall terminate.

• For the avoidance of doubt, the Post-Effective Date Equity Distribution shall not occur until, and shall remain subject to, the adjudication by Final Order, or other resolution or compromise, of the pending Committee Litigation against Brandon Steele.

• Upon the date of the Post- Effective Date Equity Distribution, if any, the Reorganized Debtors may amend and restate their respective New Organizational Documents and other constituent documents as permitted by the laws of their respective states of incorporation and their respective New Organizational Documents.

• TCB’s Liens against the New Equity Interests shall be subordinated to the Liquidation Trust’s claims against, and contingent interest in, such New Equity Interests, provided, however, that TCB’s Liens in the New Equity Interests shall again become first priority upon the occurrence of the Post-Effective Date Equity Distribution, if any, to the extent that the Reorganized Debtors owe outstanding debt to TCB.

More Definitions of Equity Distribution

Equity Distribution has the meaning given in clause 7.1.

Equity Distribution means any dividend or other distribution (whether in cash, securities or other property) with respect to any membership interest or other equity interest in the Borrower, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such membership or other equity interest or of any option, warrant or other right to acquire any such membership or other equity interest.

Equity Distribution means the quantum of any amount returned by the Seller to its shareholders whether in the form of dividends, redemption of capital, and repayment of shareholder loans qualifying as Equity or otherwise;

Equity Distribution has the meaning assigned to such term in the recitals.

Equity Distribution means: (a) payments made by the Concessionaire towards dividends, share buy-backs, redemptions of shares, payment of principal, interest or fees in respect of instruments convertible into equity share capital or subordinated loans from its Associates, shareholders or other parties (excluding payments made to Lenders); (b) loans given by the Concessionaire to its Associates or shareholders; or (c) any other payments made by the Concessionaire to its shareholders.

Equity Distribution means the quantum of any amount returned by the Seller to its shareholders whether in the form of dividends, redemption of capital, and repayment of shareholder loans qualifying as Equity or otherwise.

Equity Distribution means any Distribution of an amount in excess of the Bank Debt Servicing Requirements.