Equity Interest definition
Examples of Equity Interest in a sentence
There is no Contractual Obligation of any Acquired Company which obligates any Acquired Company to purchase, redeem or otherwise acquire, or make any payment (including any dividend or distribution) in respect of, any Equity Interest in any Acquired Company.
The Borrower shall not directly or indirectly own any Subsidiaries or any Equity Interest in any entity other than as otherwise permitted pursuant to Section 4.17.
Person who is a direct or indirect holder of an Equity Interest in the Canadian Borrower shall not be entitled to attend any meeting of the Lenders which are called solely for the Administrative Agent and the Lenders or to receive any information provided solely to the Administrative Agent and the Lenders except with the consent of the Required Lenders given in accordance with Section 23.7.2.
Notwithstanding the foregoing, in respect of any Sustainability Entity referred to in subsection (ii) of the definition thereof, the amount of Total Net Funded Debt to be included pursuant to this definition shall be the amount therof that is proportionate to the Equity Interest held by the Canadian Borrower or the applicable Restricted Subsdiary in such Sustainability Entity.
Each Seller Equity Interest issued to a Continuing Company Associate has been validly granted in material compliance with all Applicable Laws.