Equity Credits definition

Equity Credits means, for any period, the sum of expenses incurred by the Loan Parties in the ordinary course of business in such period which are paid through the issuance of common stock (or options to purchase common stock) in the Company in such period.
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Equity Credits means with respect to any measurement period, the sum of expenses incurred in the ordinary course of business paid through the issuance of common stock (or options to purchase stock) in Radiant Logistics, Inc.
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Equity Credits means the sum of expenses incurred in the ordinary course of business paid through the issuance of Equity Interests in the Parent.
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Examples of Equity Credits in a sentence

  • Orthovita and Assignor hereby waive ---------------------------------- all of their right and interest in and to the Equity Credits.

  • The price of Tiny House is Introduction, the Occupant has already earned Work Equity Credits.

  • Any amount paid for transportation shall not be accounted for as patronage for purposes of determining Member's Patronage Equity Credits and Patronage Distributions.

  • In addition, at the Nano Merger Effective Time, PEN shall enter into such agreements as may be required to evidence (i) any obligations required of PEN by the lender to Nano or Nanofilm LLC; (ii) obligations of Nanofilm LLC under its Stock Appreciation Rights and Equity Credits programs; and (iii) any and all agreements, covenants, duties and obligations of Nano and Merger Sub as set forth in this Agreement to be performed after the Closing.

Related to Equity Credits

  • 9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.

  • Company Credit Agreement means that certain Credit Agreement, dated as of January 28, 2019, by and between the Company, the lenders party thereto from time to time and SunTrust Bank, as administrative agent for the revolving lenders and as collateral agent for the secured parties thereunder.

  • Company Credit Facility means the Amended and Restated Credit Agreement dated July 31, 2002, as amended on January 23, 2004, June 1, 2004 and June 23, 2004, among Masonite Holdings, Inc., the Company, the lenders party thereto and SunTrust Bank, as Administrative Agent;

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Outstanding Credits means, on any date of determination, the sum of (i) the aggregate principal amount of all Loans outstanding on such date plus (ii) the LC Outstandings on such date. The Outstanding Credits with respect to any Lender at any time shall be its Commitment Percentage of the total Outstanding Credits at such time.