Equity Closing definition

Equity Closing means the closing and funding of the next round of equity financing in Aspen by investors contemplated in Section 4.1 (b) below, which shall include at least one Lead Investor, currently contemplated to occur within 120 days of the execution of this Agreement, in an amount of at least $35,000,000, excluding the Equity Investment Credit.
Equity Closing means closing of the Equity Purchases and payment of relevant Equity Purchase prices by JMIR and HZLZ under the Equity Purchase Documents.
Equity Closing shall have the meaning set forth in Section 1.2(a).

Examples of Equity Closing in a sentence

  • At least 10 days prior to the scheduled Equity Closing but after the general contractor bids have been received, the Applicant must submit the Project’s final development budget, final sources of funds, and documentation to substantiate the final Credit pricing.

  • Included:All adult (18 years +) patients admitted for NHS funded care (within an NHS trust or independent sector providers of NHS services) under the following teams: medical, surgical (including day surgery patients recorded as in-patients), maternity and critical care.Excluded:Patients not admitted to an acute NHS trust, including emergency department patients, outpatients; and patients admitted to NHS mental health trusts.

  • Once the Equity Closing is completed, the Applicant is responsible for ensuring that the Commission receives a copy of the final title report and the executed Limited Partnership or Limited Liability Company Agreement.

  • Commencing after the expiration of 12 months following the Alternative Equity Closing Date (as hereinafter defined), but not prior thereto, the shares of Series A Preferred Stock shall be convertible, in whole or in part, at the option of the holder thereof and upon notice to the Corporation as set forth in Subsection 4(b), into fully paid and nonassessable shares of Common Stock and such other securities and property as hereinafter provided.

  • A project which is financed, constructed, and operated under the RD Section 515 program for the elderly or a HUD elderly program Equity Closing is the date the Project closes on its Tax Credit partnership.


More Definitions of Equity Closing

Equity Closing means the closing of the equity raising under the Underwriting Agreement dated on or about the date of this deed.
Equity Closing means the closing of the Equity Purchase.
Equity Closing shall have the meaning set forth in Section 2.17.
Equity Closing means the funding of the Capital Contributions to the Company by the Members in the amounts set forth on Exhibit A.
Equity Closing shall have the meaning given to the term “Completion” under the Subscription and Transfer Agreement.
Equity Closing means the closing of a Common Stock equity financing of the Company, registered under the Securities Act, in the amount of at least $8,000,000.
Equity Closing means the receipt by the Company after the Closing Date of Equity Proceeds in one or more transactions totaling at least $100,000,000.