Equity Instruments definition
Examples of Equity Instruments in a sentence
Since December 31, 2005, no Material Adverse Change has occurred in the overall rate of collection of the Investment Loans and Investments in Equity Instruments, and Borrower has at all times complied in all material respects and to the extent applicable with the Credit and Collection Policy with respect to each Investment Loan and each Investment in Equity Instruments.
The Borrower will and will cause each Subsidiary of the Borrower to (a) comply in all material respects with the Credit and Collection Policy in regard to each Investment Loan and each Investment in Equity Instruments, and (b) furnish to the Administrative Agent and the Lenders, prior to its effective date, prompt notice of any material changes in the Credit and Collection Policy.
Such Securityholder's rights under the Equity Instruments (if any) are collectively referred to as the "Securityholder's Equity Rights"; and (b) loaned money to the Company in accordance with one or more notes or other instruments of debt as set forth on Exhibit A attached hereto next to the name of such Securityholder (collectively, the "Debt Instruments"), which Debt Instruments remain outstanding as of the date hereof.
In exchange for the issuance to the Securityholder of the Exchange Securities, as set forth below in Section 1.3. hereof, the Securityholder hereby agrees to, subject to the satisfaction of the conditions of Section 4.1 hereof, irrevocably transfer and assign to the Company all existing Equity Instruments held by the Securityholder as of the date hereof, as well as all of the Securityholder's Equity Rights therein.
The Securityholder agrees to deliver herewith to the Company the certificate or certificates evidencing such Securityholder's Equity Instruments, duly endorsed in blank or accompanied by duly executed stock powers for transfer, free and clear of any and all claims.