Equity Participation Rights definition

Equity Participation Rights means the Back-End Distribution Right which has the meaning set forth in the Restructuring Term Sheet.
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Equity Participation Rights means the Back-End Distribution Right as set forth in the Restructuring Term Sheet and further defined in the Equity Participation Agreement.
Sample 1

Examples of Equity Participation Rights in a sentence

  • Notwithstanding anything herein or in an Award Agreement to the contrary, as of or in connection with a Sale of the Division or Qualified IPO, the Administrator shall have the ability, at its sole discretion, to accelerate the Vesting and/or transferability of any Equity Participation Rights or to terminate or amend the Plan and any Equity Participation Rights or Share Equivalency Units as necessary consistent with the terms of, and to facilitate, the Sale of the Division or Qualified IPO.

  • Awards under the Plan shall consist of Equity Participation Rights.

  • The Equity Participation Rights agreement shall be drafted and executed as soon as practicable following the execution of this Agreement and after approval of the Board of Directors.

  • In the event of a merger, consolidation, reorganization, recapitalization, stock dividend, stock split, or other changes in corporate structure or capitalization affecting the Common Stock, such appropriate adjustment shall be made in the number, kind, exercise price, etc., of shares subject to Equity Participation Rights granted under the Plan, as may be determined by the Committee.

  • Grantees of Equity Participation Rights must accept such awards by execution of a written agreement with the Corporation in such form as the Committee determines not more than sixty (60) days following the Grant Date or such rights shall expire.

  • Youth Policy The New South Wales Office for Children and Young People (part of the Cabinet Office) has a Youth Policy which lists 6 principles of providing services to young people: Co-ordination; Access; Equity; Participation; Rights and Responsibilities; and Early Intervention (NSW Office of Children and Young People, 2000).

  • The purpose of the Bowater Incorporated Equity Participation Rights Plan (the "Plan") is to promote the interests of Bowater Incorporated (the "Corporation") and its stockholders by attracting, retaining and stimulating the performance of selected employees by giving such employees the opportunity to earn additional compensation related to the success of the Corporation's business based upon appreciation in the Company's stock price.

  • Equity Interests elect to exchange their shares of Old Common Stock for New FNC Common Stock and exercise their Equity Participation Rights, each holder of an Equity Interest that holds 100,000 shares of Old Common Stock and warrants and is entitled to exercise the Equity Participation Right may invest $550,000 and would receive in respect thereof $450,000 of New Senior Notes and 133,333 shares of New FNC Common Stock.

  • The OTC did not develop recommendations to the Administrator for additional control measures.

  • Assore has estimated the economic cost of the Third Empowerment Transaction to be approximately R128 million, which will be apportioned over a period of 15 years based on the vesting of Equity Participation Rights and the payment of dividends in respect of Dividend Participation Rights.

Related to Equity Participation Rights

  • Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Swing Line Participation Amount as defined in Section 2.7.

  • Participation Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Swing Line Loan Participation Certificate a certificate in substantially the form of Exhibit I.

  • Participations shall have the meaning set forth in Section 13.1 hereof.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Participation Amount as defined in Section 3.4(b).

  • Optional Purchase Percentage means 5%.

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Material Participation means involvement in the development and operation of the project on a basis which is regular, continuous, and substantial as defined in Code Section 42 and 469(h) of the regulations promulgated hereunder.

  • Participation Period has the meaning set forth in Section 4.2 hereof.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments (or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of the Revolving Loans then outstanding).

  • Letter of Credit Participation shall have the meaning provided in Section 3.3(a).