Borrower Capital Stock definition

Borrower Capital Stock all of the issued and outstanding capital stock of and other equity interests in Borrower and all warrants, options and other rights to purchase capital stock of and other equity interests in Borrower. Borrower's Obligations: (i) any and all Indebtedness due or to become due, now existing or hereafter arising, of Borrower to Lenders and/or Agent pursuant to the terms of this Loan Agreement or any other Loan Instrument, including, without limitation, the Loan Fees, and (ii) the performance of the covenants of Borrower contained in the Loan Instruments.
Borrower Capital Stock all of the issued and outstanding capital stock of and other equity interests in Borrower and all warrants, options and other rights to purchase capital stock of and other equity interests in Borrower.
Borrower Capital Stock means Borrower's 1,000 authorized shares of common stock, $1.00 par value per share.

Examples of Borrower Capital Stock in a sentence

  • There is set forth in Exhibit 5.3.1 a complete description of the Borrower Capital Stock.

  • The Borrower Capital Stock is validly issued, fully paid and non-assessable, and has been issued and sold in compliance with all applicable federal and state laws, rules and regulations, including, without limitation, all so-called "Blue-Sky" laws.

  • The Borrower Capital Stock is owned beneficially and of record by the Persons in the respective percentages set forth on Exhibit 5.3.1, free and clear of all Liens except the Security Interests.

  • Make any dividends, distributions or other shareholder expenditures with respect to the Borrower Capital Stock or apply any of its Property to the purchase, redemption or other retirement of, or set apart any sum for the payment of, or make any other distribution by reduction of capital or otherwise in respect of, any of the Borrower Capital Stock.

  • Mayor Blundell said this agreement would only be for 2021 and is only for one more lab test.

  • Without limiting the generality of the forgoing, no authorization, approval, or consent of, and no filing or registration with, any insurance regulatory authority is required for the pledge of the Borrower Capital Stock by Borrower.

  • The Borrower Capital Stock is owned beneficially and of record by Guarantor, free and clear of all Liens.

  • The issuance and sale of Borrower Capital Stock, upon issuance and sale, will either have been registered or qualified under applicable federal and state securities laws or be exempt therefrom.

  • If Guarantor at any time shall cease (i) to own at least 51% of the Borrower Capital Stock or (ii) to maintain (A) effective voting control over Borrower, including the right to elect a majority of the board of directors of Borrower or (B) the ability to direct the management and policies of Borrower.

  • The Borrower Capital Stock to be sold on or before the Closing Date will be duly authorized, validly issued, fully paid and nonassessable.


More Definitions of Borrower Capital Stock

Borrower Capital Stock as defined in paragraph (e) of subsection 9.11.
Borrower Capital Stock all of the issued and outstanding capital stock of Borrower and all warrants, options and other rights to purchase capital stock of Borrower.
Borrower Capital Stock as defined in subsection 5.3.1.
Borrower Capital Stock all of the issued and outstanding shares of capital stock of Borrower.
Borrower Capital Stock means all of the capital stock of Borrower, a description and the owners of the outstanding shares of which is set forth in Exhibit 1.

Related to Borrower Capital Stock

  • Refunding Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Voting Capital Stock means with respect to any Person, securities of any class or classes of Capital Stock in such Person ordinarily entitling the holders thereof (whether at all times or at the times that such class of Capital Stock has voting power by reason of the happening of any contingency) to vote in the election of members of the board of directors or comparable governing body of such Person.

  • Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

  • Excluded Capital Stock means:

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.

  • Retired Capital Stock shall have the meaning provided in Section 10.5(b)(2).

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Capital Stock of any Person means any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) equity of such Person, including any Preferred Stock, but excluding any debt securities convertible into such equity.

  • Disqualified Capital Stock means that portion of any Capital Stock which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable at the option of the holder thereof), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole option of the holder thereof, in any case, on or prior to the 91st day after the final maturity date of the Notes.

  • New Equity Interests means the limited liability company

  • Equity Capital means and includes (i) any and all ordinary shares, stock or other common or ordinary equity shares, interests, participations or other equivalents of or interests therein (however designated), including, without limitation, shares of preferred or preference shares, (ii) all partnership interests (whether general or limited) in any Person which is a partnership, (iii) all membership interests or limited liability company interests in any limited liability company, and (iv) all equity or ownership interests in any Person of any other type.

  • Redeemable Capital Stock means any Capital Stock of the Company or any of its Subsidiaries that, either by its terms, by the terms of any security into which it is convertible or exchangeable or otherwise, (a) is or upon the happening of an event or passage of time would be required to be redeemed on or prior to the final stated maturity of the securities or (b) is redeemable at the option of the holder thereof at any time prior to such final stated maturity or (c) is convertible into or exchangeable for debt securities at any time on or prior to such final stated maturity.

  • Preferred Equity Interest means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Equity Interests means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any such equity interest.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Capital Stock Sale Proceeds means the aggregate cash proceeds received by the Company from the issuance or sale (other than to a Subsidiary of the Company or an employee stock ownership plan or trust established by the Company or any such Subsidiary for the benefit of their employees) by the Company of its Capital Stock (other than Disqualified Stock) after the Issue Date, net of attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Common Stock Outstanding means the aggregate of all Common Stock outstanding and all Common Stock issuable upon exercise of all outstanding Options and conversion of all outstanding Convertible Securities.

  • Charter Capital means Charter Communications Holdings Capital Corporation, a Delaware corporation, and any successor in interest thereto.

  • Hybrid Preferred Securities Subsidiary means any Delaware business trust (or similar entity) (i) all of the common equity interest of which is owned (either directly or indirectly through one or more wholly-owned Subsidiaries of the Company) at all times by the Company or a wholly-owned direct or indirect Subsidiary of the Company, (ii) that has been formed for the purpose of issuing Hybrid Preferred Securities and (iii) substantially all of the assets of which consist at all times solely of Junior Subordinated Debt issued by the Company or a wholly-owned direct or indirect Subsidiary of the Company (as the case may be) and payments made from time to time on such Junior Subordinated Debt.

  • Working Capital Shares shall have the meaning given in the Recitals hereto.

  • SBIC Equity Commitment means a commitment by the Borrower to make one or more capital contributions to an SBIC Subsidiary.

  • Outstanding Company Common Stock means the outstanding shares of Common Stock, par value $1 per share, of the Company;

  • Special Equity Interest means any Equity Interest that is subject to a Lien in favor of creditors of the issuer of such Equity Interest provided that (a) such Lien was created to secure Indebtedness owing by such issuer to such creditors, (b) such Indebtedness was (i) in existence at the time the Obligors acquired such Equity Interest, (ii) incurred or assumed by such issuer substantially contemporaneously with such acquisition or (iii) already subject to a Lien granted to such creditors and (c) unless such Equity Interest is not intended to be included in the Collateral, the documentation creating or governing such Lien does not prohibit the inclusion of such Equity Interest in the Collateral.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.