Equity Kicker definition

Equity Kicker means, one or more warrants or equity rights attached to or delivered with a loan which would otherwise satisfy the definition of Collateral Obligation.

Equity Kicker means, with respect to any Collateral Obligation, one or more warrants attached thereto which collectively constitute no more than 2.0% of the purchase price (as allocated by the Investment Manager) paid by the Borrower for such Collateral Obligation.

Equity Kicker means any equity security or any other security that is not eligible for purchase by the Issuer but is received with respect to a Collateral Debt Security or purchased as part of a “unit” with a Collateral Debt Security.

Examples of Equity Kicker in a sentence

• Unless otherwise agreed by the participating Members, any loan or a several but not joint guaranty made by the participating Members to the Company (and any associated Equity Kicker) will be made pro rata among the participating Members in accordance with their respective ownership of Units then outstanding.

• The Members shall have 30 days from receipt of such notice to elect to make all or a portion of the requested loan or a several but not joint guaranty (and receive a pro rata portion of the associated Equity Kicker) in the amounts mutually agreed upon by the Board of Managers and the participating Members.

• The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Equity Kicker Shares and Conversion Shares upon conversion of the Note.

• At the Closing, or as promptly as commercially reasonable thereafter, Purchaser shall deliver to Ethema the Consideration, and the Company shall deliver to the Purchaser, the Note, and the Equity Kicker.

• Executive may elect, by delivery of a Trigger Notice with respect to a number of Equity Kicker Shares specified in such Trigger Notice, to determine the number of Equity Kicker Shares that are vested and not subject to repurchase under Section 7(b)(ii).

More Definitions of Equity Kicker

Equity Kicker. A warrant (or other “attached” Equity Security) that is received with respect to a Loan or acquired as part of a “unit” with a Loan.

Equity Kicker means a warrant (or other "attached" Equity Security) that is received with respect to a Collateral Loan or purchased as part of a "unit" with a Collateral Loan (so long as such warrant or other Equity Security is not Margin Stock and is not convertible or exchangeable into Margin Stock). The term "Equity Kicker" does not include any warrant that is detached or detachable from the underlying Collateral Loan.

Equity Kicker means any equity security or any other security that is not eligible for purchase by the Issuer but is received with respect to a Collateral Debt Obligation or purchased as part of a “unit” with a Collateral Debt Obligation.

Equity Kicker means any warrants or conversion rights given by Aspen as partial consideration for a loan from an Unaffiliated Institutional Lender, and any equity interests issued upon the exercise of such warrants or conversion rights.

Equity Kicker means the issuance of Class B Units to a Lender or each Affiliated Lender Equity Owner thereof on the terms set forth in the HoldCo Borrower LLC Agreement.

Equity Kicker. As defined in Section 2.5 below.

Equity Kicker. Each Second Lien Lender shall receive its pro rata share of newly issued Xxx common stock in an aggregate amount equal to 15.0% of all issued and outstanding shares at the day of closing before giving effect to the closing.1