Qualified Equity Interest means, with respect to any Person, any Equity Interest of such Person that is not a Disqualified Equity Interest.
Qualified Equity Interest means any Stock or Stock Equivalent that does not constitute a Disqualified Equity Interest.
Qualified Equity Interest means any Qualified Stock and all warrants, options or other rights to acquire Qualified Stock (but excluding any debt security that is convertible into or exchangeable for Capital Stock).
Examples of Qualified Equity Interest in a sentence
Neither the Borrower nor any Subsidiary shall issue any Equity Interest that is not Qualified Equity Interest.
More Definitions of Qualified Equity Interest
Qualified Equity Interest of any Person means any Equity Interest in such Person other than any Disqualified Equity Interest.
Qualified Equity Interest in a Person means any interest in Capital Stock of such Person, other than Redeemable Capital Stock.
Qualified Equity Interest means and refers to any Equity Interests issued by the Borrower (and not by one or more of its Subsidiaries) that is not a Disqualified Equity Interest.
Qualified Equity Interest means and refers to any Equity Interest issued by a Borrower that is not a Disqualified Equity Interest.
Qualified Equity Interest means (i) with respect to the Borrower, any Equity Interest other than Equity Interests (x) that constitute Indebtedness or are convertible or exchangeable into, or are redeemable for, Equity Interests that constitute Indebtedness; provided, that, the foregoing shall not exclude Equity Interests that accrue dividends that are not payable until the indefeasible payment in cash in full of all Obligations and the termination of all Commitments hereunder or (y) that otherwise, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable or exercisable), upon the happening of any event or otherwise (A) matures or is mandatorily redeemable or subject to any mandatory repurchase requirement, pursuant to a sinking fund obligation or otherwise (other than by virtue of a liquidation preference that would be entitled to payments or distributions only after Obligations have been indefeasibly repaid in full in cash and all Commitments have been terminated), (B) is convertible into or exchangeable or exercisable for Indebtedness or any other Equity Interest that is not a Qualified Equity Interest, or (C) is redeemable or subject to any mandatory repurchase requirement at the option of the holder thereof, in whole or in part, other than redemption or repurchase after the Obligations have been indefeasibly repaid in full in cash and all Commitments have been terminated and (ii) with respect to any Subsidiary of the Borrower, common stock or other common Equity Interests.
Qualified Equity Interest means any Equity Interest other than Disqualified Stock.
Qualified Equity Interest means any equity interest of an issuer other than an equity interest that is mandatorily redeemable or purchasable, in whole or in part, at the option of the holder, pursuant to a sinking fund obligation or otherwise, or exchangeable or convertible into debt securities of the issuer thereof or which entitles the holder thereof to dividend, interest or other payments, in each case, prior to the date which is 180 days after payment in full of all Notes issued under this Indenture.