Equity Event definition

Equity Event is the receipt by Borrower on or after the Effective Date of unrestricted net cash proceeds of not less than Forty Million Dollars ($40,000,000.00) from the issuance and sale by Borrower of its equity securities, on or before March 31, 2016 and the receipt of evidence thereof by Collateral Agent on or before such date, which evidence must be reasonably acceptable to Collateral Agent.

Equity Event means, with respect to a Person, any sale or issuance of such Person’s securities for financing purposes (whether in a private placement, registered offering or otherwise).

Equity Event is the receipt by Borrower on or after Effective Date and on or before March 31, 2021 of unrestricted net cash proceeds of not less than Twenty Five Million Dollars ($25,000,000.00) from the issuance and sale by Borrower of its equity securities.

Examples of Equity Event in a sentence

• Borrower shall pay to Bank a modification fee equal to Fifty Thousand Dollars ($50,000.00), which fee shall be deemed fully earned as of the date hereof and shall be due and payable upon the earliest of (a) the occurrence of the 2009 Equity Event, (b) March 15, 2009, and (c) the occurrence of an Event of Default.

• Ct. 2308 (2009) recognized, there is no freestanding right to post-conviction access or testing of biological evidence.Osborne, 129 S.

• By the end of 2016, several more categories join the “majority missing from public data” set — specifically, Equity, Event Driven, and Relative Value.

• Compliance with this covenant may be additionally extended beyond January 31, 2000 if equity or subordinated debt over the sum of the $12,000,000 (Equity Event plus Five Million Dollars) is obtained by Borrower.

• In addition, until such time as the Equity Event shall have occurred, the Offer Loan Commitments shall be automatically reduced by an amount equal to the net proceeds of any issuance or disposition or any payment to TUC, in each case described in Section 2.11(d), with such reduction to be effective on the later to occur of the date of such issuance, sale or payment, as the case may be, and the date specified under Section 2.11(d) for any related prepayment or repayment of the Offer Loans.

More Definitions of Equity Event

Equity Event means (a) the contribution in cash of capital (x) to the Borrower by any Person or (y) to any Significant Subsidiary (other than an Excluded Subsidiary) by any Person other than the Borrower or a Wholly-Owned Subsidiary of the Borrower, or (b) any issuance of Equity Interests (x) by the Borrower to any Person or (y) by any Significant Subsidiary (other than an Excluded Subsidiary) to any Person other than the Borrower or a Wholly-Owned Subsidiary of the Borrower.

Equity Event means confirmation by Bank that Borrower has received, on or after the Subsequent Term Loan Funding Event, but on or prior to March 31, 2016, unrestricted and unencumbered net cash proceeds in an amount of at least Twenty Million Dollars ($20,000,000.00) from the issuance and sale by Borrower of its equity securities.

Equity Event means the receipt by Borrower, after the Effective Date, of unrestricted net cash proceeds of at least Thirty Million Dollars ($30,000,000.00) from (i) the closing of a Qualifying IPO, (ii) the closing of an equity round of financing pursuant to the private sale of Borrower’s equity or convertible debt securities, or (iii) up-front payments from a joint venture or partnership.

Equity Event means the receipt by Borrower on or after February 20, 2013 of at least Forty Million Dollars ($40,000,000) in net cash proceeds from the sale of Borrower’s equity securities to investors reasonably acceptable to Bank and the incurrence of debt from OrbiMed pursuant to the OrbiMed Loan Documents, in each case, on terms and conditions reasonably acceptable to Bank.

Equity Event is the receipt by Borrower on or after the Effective Date of unrestricted net cash proceeds of at least Fifty Million Dollars ($50,000,000) from the issuance and sale by Borrower of its equity securities (including in the form of subordinated convertible debt).

Equity Event means (a) the contribution in cash of capital

Equity Event means the Issuer or any Subsidiary of the Issuer raises capital by way of offer, allotment or issuance of new Shares (including the granting of rights, warrants and options) other than in relation to a QPO or a Pubco Merger or other than to or for the benefit of the employees or directors of the Issuer or any Subsidiary of the Issuer;