Examples of Equity Offering in a sentence
For the avoidance of doubt and notwithstanding any other provision of this Agreement, nothing in this Agreement shall prevent the Manager and/or its Affiliates from entering into a Qualified Equity Offering.
Within two (2) Business Days of the Manager’s receipt of Qualified Equity Offering Proceeds, the Manager shall deposit 75% of any Qualified Equity Offering Proceeds into the Collection Account, until an aggregate amount equal to $75,000,000 has been deposited thereto, for further distribution in accordance with the Indenture.
For the avoidance of doubt, any funds deposited into the Collection Account pursuant to the Contingent Value Rights Agreement shall be treated as Qualified Equity Offering Proceeds, for further distributed as set forth below.
All such computations of Series 2024-1 Quarterly Qualified Equity Offering Additional Interest shall be made on a 30/360 Day Basis.