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 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 Parent.
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Examples of Equity Credits in a sentence

  • All Member’s Equity Credits of such stockholder shall be considered for redemption as herein provided.

  • Following the Effective Date, counsel for the Lewis Certified Settlement Class shall inform the Cooperative in writing of the proposed allocation of the Senior Capital Equity Credits amongst the members of the Lewis Certified Settlement Class.

  • Nonqualified Capital Equity Credits (the “Senior Capital Equity Credits”), having such rights as provided to Capital Equity Credits in the Cooperative’s by-laws (except as otherwise provided herein), in the total aggregate amount of $191 million, attributable to crop years 1982-2004.

  • The Lewis Certified Settlement Class and the Reorganized Debtors shall cooperate as reasonably necessary to properly allocate, and effect the distribution of, the Senior Capital Equity Credits pursuant to the terms of this Plan, the Cooperative’s by-laws, and applicable non-bankruptcy law.

  • The Cooperative shall distribute the Senior Capital Equity Credits as soon as reasonably practicable following the parties’ agreement on the appropriate and lawful allocation.

  • However, the Senior Capital Equity Credits to be issued pursuant to the Plan shall be senior to any Capital Equity Credits issued by the Cooperative on account of crops sold to the Cooperative in any crop year subsequent to 2004.

  • A 1967-1973 Capital Equity Credit Claim is a claim based on any Capital Equity Credits belonging to the holder of such claim from crops consigned for sale to, and sold by, the Cooperative in crop years 1967-1973.

  • Taxpayer is also authorized to issue Equity Credits, which are used as written notices of allocation for patronage dividend purposes.

  • Equity Credits provide a significant source of capital used to finance Taxpayer’s business.

  • Section 4.4. At, the stated dollar amount of outstanding Equity Credits was $.

Related to Equity Credits

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

  • 4% Credits means Federal Credit available to Bond Financed Projects which meet the requirements of this Plan.

  • Company Credit Agreement means the Amended and Restated Credit Agreement, dated as of September 30, 2016, as amended from time to time, among the Company, the guarantors named therein, the lenders named therein, and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, and all pledge, security, guaranty and other agreements and documents related thereto.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended as of November 14, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as administrative agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or 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.

  • Primary Credit Facility mean the credit facility described in the Line of Credit section of this Agreement.

  • Revolving Letter of Credit means each letter of credit issued pursuant to Section 3.1(a)(i) (including DIP Revolving Letters of Credit deemed issued as Revolving Letters of Credit pursuant to Section 3.10).

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Administrative Agent maintained at the office of the Administrative Agent at 200 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Delphi Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

  • Revolving Credit means the credit facility for making Revolving Loans and issuing Letters of Credit described in Sections 1.1 and 1.2 hereof.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Credit Account is modified to read “Grant Account”.

  • Outstanding Letters of Credit shall have the meaning given such term in Section 2.02(j).

  • Dollar Letters of Credit means Letters of Credit that utilize the Dollar Commitments.

  • Total Revolving Extensions of Credit at any time, the aggregate amount of the Revolving Extensions of Credit of the Revolving Lenders outstanding at such time.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Revolving Credit Availability means, at any particular time, the amount by which the Aggregate Revolving Loan Commitment at such time exceeds the Revolving Credit Obligations outstanding at such time.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Existing Letters of Credit means the letters of credit issued and outstanding under the Existing Credit Agreement as set forth on Schedule 2.22.

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Letters of Credit as defined in Section 3.1(a).

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.