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. 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.

Examples of Equity Kicker in a sentence

• 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).

• 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.

• The Internal Rate of Return (determined as specified in Section 7(b)(iii)) shall be determined as of the Trigger Date and those Equity Kicker Shares that would not be subject to repurchase under the chart set forth in Section 7(b)(ii) above shall be deemed vested and not subject to repurchase from and after the Trigger Date.

• Administrative Agent shall have received from Borrower duly executed counterparts of the Equity Kicker Letter and the ORI Conveyance.

• Deferred interest does not accrue interest and is payable solely as part of the Equity Kicker.

More Definitions of Equity Kicker

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.

Equity Kicker. A warrant (or other "attached" Equity Security) that is received with respect to a Collateral Obligation or purchased as part of a "unit" with a Collateral Obligation (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 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 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 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 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 Collateral Manager) paid by the Borrower for such Collateral Obligation.

Equity Kicker means an investment in equity, warrants or other rights to purchase an issuer’s equity that constitutes no more than 2% of a Regulated Fund’s or an Affiliated Fund’s aggregate economic investment in an issuer.