CoBank Equities definition

CoBank Equities has the meaning specified in Section 6.14.
CoBank Equities means any of the Borrower’s stock, patronage refunds issued in the form of stock or otherwise constituting allocated units, patronage surplus (including any such surplus accrued by CoBank for the account of the Borrower) and other equities in CoBank acquired in connection with, or because of the existence of, the Borrower’s patronage loan from CoBank (or its affiliate), and the proceeds of any of the foregoing.
CoBank Equities has the meaning specified in Section 10.19(a).

Examples of CoBank Equities in a sentence

  • The Borrower acknowledges receipt of a copy of (x) CoBank’s most recent annual report, and if more recent, CoBank’s latest quarterly report, (y) CoBank’s Notice to Prospective Stockholders and (z) CoBank’s Bylaws and Capital Plan, which describe the nature of all of the CoBank Equities as well as capitalization requirements, and agrees to be bound by the terms thereof.


More Definitions of CoBank Equities

CoBank Equities is defined in Section 5.15(a).
CoBank Equities means, as of any date, any and all Equity Interests issued by CoBank and held by one or more of the Loan Parties.
CoBank Equities is defined in Section 8.14(a).
CoBank Equities means any of CCO’s stock, patronage refunds issued in the form of stock or otherwise constituting allocated units, patronage surplus (including any such surplus accrued by CoBank for the account of CCO) and other equities in CoBank acquired in connection with, or because of the existence of, CCO’s patronage loan from CoBank (or its affiliate), and the proceeds of any of the foregoing.
CoBank Equities. As defined in Section 2.27.
CoBank Equities has the meaning specified in the Term Loan Credit Agreement.
CoBank Equities means all of the Borrower’s cash patronage, stock and other equities in CoBank acquired in connection with its patronage loan from CoBank (or its Affiliate).