Equity Obligation definition

Equity Obligation means any (a) Equity Kicker; (b) Defaulted Equity Obligation; and (c) other equity obligation that does not entitle the holder thereof to receive periodic payments of interest and one or more installments of principal, including those received by the Borrower as a result of the exercise or conversion of an Equity Kicker or other convertible or exchangeable Collateral Obligation.
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Equity Obligation means an equity security the acquisition of which will not result in the imposition of any present or future, actual or contingent liabilities or obligations on the Issuer other than those which may arise at its option.
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Examples of Equity Obligation in a sentence

  • Sponsor and TSRI hereby acknowledge and agree that notwithstanding anything to the contrary set forth in the Prior Agreement (including, without limitation the Affiliate Equity Obligation) or in any other agreement between the Sponsor and TSRI (collectively, the “TSRI Agreements”), the Affiliate Equity Obligation was satisfied in full prior to the date hereof.

  • In consideration of the payments hereunder you agree to indemnify, defend and hold the Company harmless against any claims from T▇▇▇▇ in respect of the Equity Obligation.

  • Equity Contribution Obligations 5 2.01 Required Equity Contribution 5 2.02 Contingent Equity Obligation 5 2.03 Other Support 6 2.04 Claims for Equity Party Support 8 2.05 Equity Party Cure 8 2.06 Acceptable Credit Support 9 Section 3.

Related to Equity Obligation