Equity Equivalent definition

Equity Equivalent means, with respect to any entity, (a) any options, warrants, convertible securities, exchangeable securities, subscription rights, purchase or acquisition rights, conversion rights, exchange rights, or other Contracts that require such entity to issue any of its Equity Interests, and (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for, in each case with or without consideration, any Equity Interest of such entity.

Equity Equivalent means the value of a position calculated in accordance with Part A3.8 of Annexure 3 to this Schedule 1A.

Equity Equivalent means, with respect to a Person, any options, warrants, rights, convertible or exchangeable securities, “phantom” equity rights, equity appreciation rights, equity-based performance units, commitments, Contracts, arrangements or undertakings of any kind to which such Person is a party or by which any such Person is bound (i) obligating such Person to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of capital stock or other equity interests in, or any security convertible or exercisable for or exchangeable into any capital stock of or other equity interest in such Person, (ii) obligating such Person to issue, grant, extend or enter into any such option, warrant, call, right, security, commitments, Contract, arrangement or undertaking or (iii) that give any Person the right to receive any economic benefit or right similar to or derived from capital stock or other equity interests.

Examples of Equity Equivalent in a sentence

• Such contributions are referred to as Equity Equivalent (EE) contributions.

• Delete limbs (c) and (d) from the definition of Equity Equivalent Funding in Clause 1.1 (Definitions).

• Additional Equity Awards shall be issued, if at all, at the same purchase price and on other terms per unit or share as the Common Stock or other Common Equity Equivalent issued by Bancorp, including term, vesting and forfeiture, with such vesting to occur in five annual installments of twenty percent (20%) per year, with the first such vesting to occur on the first anniversary of the date of actual grant of the Additional Equity Award.

• The CDE intends to offer: equity (Y/N), Equity Equivalent terms and conditions (Y/N), senior debt (Y/N) and/or Subordinated debt (Y/N) (answer to Q.

• ATTEST: MISSISSIPPI CHEMICAL CORPORATION Signed and acknowledged in the presence of: By: /s/ Xxxxx Truly By: /s/ Xxxxxxx X.

More Definitions of Equity Equivalent

Equity Equivalent means the total monies obtained by the Company as follows:

Equity Equivalent means (i) any equity securities of a special purpose Subsidiary of the Borrower, whose only assets consist of the proceeds of such issuance and a debt obligation of the Borrower which matures more than one year after the latest Maturity Date and is subordinated in right of payment to the Loans on terms satisfactory to the Administrative Agent and (ii) any other equity-like securities the form and substance of which are reasonably acceptable to the Administrative Agent.

Equity Equivalent means the value of a position calculated in accordance with clause 8 of Annexure 3.

Equity Equivalent means any option, warrant or other security exercisable, convertible or exchangeable for or into Common Stock.

Equity Equivalent has the meaning set forth in Section 3.1(c). -----------------

Equity Equivalent means an equity equivalent contribution made by a Local

Equity Equivalent means any equity securities of a special purpose Subsidiary of the Borrower, whose only assets consist of the proceeds of such issuance and a debt obligation of the Borrower which matures more than one year after the latest Maturity Date and is subordinated in right of payment to the Loans on terms satisfactory to the Administrative Agent.