Additional Equity Interests definition
Examples of Additional Equity Interests in a sentence
The information set forth in Annex 1-A hereto describing the Additional Equity Interests is hereby added to the information set forth in Schedule 2 to the Guarantee and Pledge Agreement.
The Pledgor hereby represents and warrants that, as to the Additional Equity Interests, on the date hereof each of the representations and warranties contained in Article IV of the Guarantee and Pledge Agreement is true and correct in all material respects on the date hereof (after giving effect to this Supplemental Pledge Agreement) as if made on and as of such date, unless such representations and warranties are expressly limited to an earlier date.
As collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations, the Pledgor hereby pledges to the Administrative Agent, and hereby grants to the Administrative Agent, a security interest in the Additional Equity Interests.
The Managing General Partner (or, if there is no Managing General Partner remaining, any Person elected by the affirmative vote of Partners constituting (i) the Required Founding Limited Partners and (ii) the holders of not less than two-thirds of all the Equity Interests then outstanding and not less than two-thirds of all Additional Equity Interests (if any) then outstanding (the "Liquidator")) shall be responsible for oversight of the winding up and dissolution of the Partnership.
Assets, which shall be allocated in accordance with the provisions of subsection 6.01(b)) on a per-day basis in accordance with each Partner's Equity Interest in the Partnership (or otherwise as may be required to give effect to the provisions of any Additional Equity Interests) as of the end of such day.
NEGATIVE COVENANTS 100 7.01 Liens 100 7.02 Investments 100 7.03 Indebtedness 100 7.04 Fundamental Changes; Dispositions 101 7.05 Prohibition on Additional Equity Interests and New Members 102 7.06 Restricted Payments 102 7.07 Change in Nature of Business 103 7.08 Transactions with Affiliates 103 7.09 Burdensome Agreements 103 7.10 Use of Proceeds 103 7.11 Financial Covenants.
Such rights and remedies shall include, without limitation, the right to exercise all voting, consent and other rights relating to the Equity Interests (and/or any Additional Equity Interests) whether in the name of any Pledgor or otherwise.
The parties hereto expressly agree that, unless and until Pledgee shall become the absolute owner of all or any portion of the Equity Interests (and/or any Additional Equity Interests) pursuant hereto, this Agreement shall not be construed as creating a partnership or joint venture between Pledgee and any Pledgor.
No Pledgor has any outstanding options or rights or other agreements to sell or otherwise transfer all or any portion of its respective Equity Interest (or any Additional Equity Interests).
Upon delivery to the Pledgees such additional shares, options or other rights in respect of the Equity Interests as set forth in Sections 2(a) and 2(b) above (the “Additional Equity Interests”), if any, the Additional Equity Interests shall be deemed to be part of the Collateral and shall be subject to the terms of this Agreement whether or not Schedule 2 is amended to refer to such Additional Equity Interests.