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

• 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.

• The Parties acknowledge and agree that as of the Initial Equity Closing Date, the Properties situated in Belgium and Switzerland shall constitute Deferred Assets for purposes of this Agreement.

• To correct such error, the Purchaser Parties hereby agree that, within ten (10) Business Days following the Initial Equity Closing, the Purchaser Parties shall pay to the applicable Seller Parties in Spain an amount equal to the Security Deposit Credit and the Parties hereby agree that the Security Deposit Credit shall be subject to the provisions of Section 1.4(i) of the Purchase Agreement.

• Ferro Suzhou has a total investment of $8,032,000 (U.S.) and registered capital of $4,016,000 (U.S.) (to be updated as may be applicable at the Suzhou Equity Closing), all of which is owned by Ferro.

• As provided in SECTION 9.2 and SECTION 9.3, $2,500,000 of the Year One AT Fee and $2,500,000 of the Year One Media Fees shall all be payable to Snap in shares of the Company's Common Stock (the "Shares"), valued at $10.00 per Share, on November 3, 1999, or such later date as Snap and the Company shall mutually agree (the "Equity Closing Date").

More Definitions of Equity Closing

Equity Closing means the closing of an equity investment of at least $5.0 million for Series A preferred stock of the Company, representing at least $2.5 million by Sequel Limited

Equity Closing means the Closing (as defined in the Investment Agreement).

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 means the consummation by Fieldstone Holdings Corp. (or FIC as successor to Fieldstone Holdings Corp.) of an offering of equity securities prior to November 25, 2003 raising a minimum of $100 million."

Equity Closing shall have the meaning given to the term “Completion” under the Subscription and Transfer Agreement.

Equity Closing means the closing of the equity raising under the Underwriting Agreement dated on or about the date of this deed.

Equity Closing shall have the meaning set forth in Section 2.17.