Examples of Equity Arrangement in a sentence
Neither the Borrower nor any Subsidiary is party to any tax sharing agreement with any Person or any other agreement pursuant to which it is liable for the material Taxes of another Person (including with any Affiliate of the Borrower or its Subsidiaries) other than in connection with a Permitted Tax Equity Arrangement or customary provisions contained in any agreements entered into in the ordinary course of business and not primarily related to Taxes.
Borrower shall have furnished to the Independent Engineer each then current financial model prepared by or on behalf of Borrower or any of its Subsidiaries in connection with such Project, including any such model prepared in connection with any Permitted Tax Equity Arrangement for such Project, to the extent that the inputs and revenue, technical, operating or construction assumptions from any such model are incorporated into the Base Case Model delivered pursuant to the foregoing clause (i).
Neither the Parent nor the Borrower will, nor will they permit any Consolidated Subsidiary to, amend, modify or waive any of its rights under (a) its certificate of incorporation, by-laws or other organizational or shareholder documents, (b) the Merger Agreement, (c) any Senior Note Document, (d) any Term Loan Document or (e) the documents related to the Luxembourg Equity Arrangement; and (f) any other Material Indebtedness, in each case in any manner that would be materially adverse to the Lenders.
Equity Arrangement FeeThe Promoter is entitled to receive an equity arrangement fee equal to 3% of the equity provided by the Company towards any development costs incurred under a Development Management Agreement or the purchase of land that is not funded by Debt Finance provided that the Company receives a rate of return thereon at a rate that is set out in the relevant heads of terms or as otherwise agreed between the Company and the Promoter.
In the event that Buyer secures a Tax Equity Arrangement for the Transactions, FERC and other regulatory approvals may be included as Buyer’s Regulatory Approvals and additional language added to the Agreement to address such approvals.
Under the terms of the Sweet Equity Arrangement, Geoffrey Keal, the Managing Director of TerraQuest will acquire C Ordinary Shares.
Any Shares or Options acquired subsequent to the date hereof by a Stockholder (including pursuant to any Employee Equity Arrangement) shall be subject to the terms and conditions of this Agreement and such securities shall be considered to be “Shares” or “Options,” respectively, as such terms are used herein for purposes of this Agreement.
Shares to be issued For deferred consideration which is to be provided for by the issue of a fixed number of shares at a future defined date, where there is no obligation on Keywords to offer a variable number of shares, the deferred consideration is to be classified as an Equity Arrangement and the value of the shares is fixed at the date of the acquisition.
Founder shall not transfer the Interests except to the extent permitted under the terms of the Equity Arrangement Term Sheet (or, once signed and delivered by Parent, Founder and the other parties thereto, the Limited Partnership Agreement).
The treatment is in compliance with the Equity Arrangement defined at IAS32.16.