Equity Proceeds Amount means, with respect to any proposed Permitted Business Acquisition in excess of the Annual Limit or any addition to Cash Flow in respect of Capital Expenditures in connection with the computation of the Cash Flow Coverage Ratio of ADT Limited,
Equity Proceeds Amount means, on any date, the amount of Net Cash Proceeds received by the Parent from the issuance of Equity Interests of the Parent after the Third Amendment Effective Date (which shall, for the avoidance of doubt, include the amount of the Navig8 Equity Purchase Agreement Proceeds and exclude the Equity Investment and the 2013 Equity Investment) less the cash amount expended by the Parent and its Subsidiaries to (i) make Investments pursuant to Section 9.05(vi), (ii) make any Capital Expenditures (other than maintenance Capital Expenditures), (iii) make any other cash expenditures not in the ordinary course of business (for the avoidance of doubt, funding operating losses, working capital and repayment of Indebtedness will be deemed to be expenditures in the ordinary course of business for this purpose), in each case without duplication and after the Third Amendment Effective Date, (iv) repay, prepay, redeem, purchase, defease or otherwise satisfy the Xxxxx Fargo Indebtedness pursuant to Section 9.18(ii), (v) fund the purchase price corresponding to a Permitted New Vessel Acquisition pursuant to subclause (V) of the proviso to Section 9.07, (vi) prepay, redeem, purchase, defease or otherwise satisfy, or to pay cash interest in respect of the BlueMountain Parent Indebtedness pursuant to Section 9.19(iii), (vii) fund the 2014 Newbuilding Acquisition pursuant to Section 9.19(i), (viii) make any cash payments in connection with the Merger pursuant to Section 9.21(i) not funded by cash or Cash Equivalents of Navig8 and its Subsidiaries, (ix) fund deposits in connection with the acquisition of Vessels pursuant to Section 9.01(xxii), (x) make Investments in 2014 Newbuilding Holdco or any of its Subsidiaries pursuant to Section 9.19(v) and (xi) make Investments in the Merger Sub or any of its Subsidiaries pursuant to Section 9.21(ii).
Equity Proceeds Amount means, on any date, the amount of Net Cash Proceeds received by the Parent from the issuance of Equity Interests of the Parent after the Closing Date less the amount of Dividends paid by the Parent and any cash payments in respect of BlueMountain Indebtedness made pursuant to Section 8.04(d) prior to such date.
Examples of Equity Proceeds Amount in a sentence
The Parent will not, and will not permit any Subsidiary to, repay, prepay, redeem, purchase, defease or otherwise satisfy in any manner the Xxxxx Fargo Indebtedness, except (i) the refinancing thereof with any Indebtedness permitted under Section 9.04(vi) and (ii) to the extent such repayment, prepayment, redemption, purchase, defease or satisfaction is funded (and only to the extent funded) with the Equity Proceeds Amount.
As of September 30, 1996, the Restricted Payment Basket Amount was not greater than $135,000,000 and, as of December 31, 1996, the Equity Proceeds Amount was not greater than $54,000,000.
Restricted Payment Basket Amount; Equity Proceeds Amount.............................................
As of the Computation Date, the Equity Proceeds Amount was $__________, as computed on Attachment 4 hereto.
Restricted Payment Basket Amount; Equity Proceeds Amount.........
More Definitions of Equity Proceeds Amount
Equity Proceeds Amount means, at any time for the determination thereof, the product of (i) 0.50 multiplied by (ii) the Net Proceeds received by Holdings and/or its Subsidiaries after the Effective Date from any issuance of capital stock (to the extent permitted by Section 8.11(b)), as such amount may be reduced as a result of any transaction consummated on the basis thereof in the amount so expended in reliance thereon.
Equity Proceeds Amount means, on any date, the amount of Net Cash Proceeds received by the Parent from the issuance of Equity Interests of the Parent after the Restatement Effective Date (excluding, for the avoidance of doubt, the Equity Investment) less the cash amount expended by the Parent and its Subsidiaries to (i) make Investments pursuant to Section 9.05(vi), (ii) make any Capital Expenditures (other than maintenance Capital Expenditures) and (iii) make any other cash expenditures not in the ordinary course of business (for the avoidance of doubt, funding operating losses, working capital and repayment of Indebtedness will be deemed to be capital expenditures in the ordinary course of business for this purpose), in each case without duplication and after the Restatement Effective Date.
Equity Proceeds Amount means, as of any date of determination, an amount, not less than zero, determined on a cumulative basis to be equal to (a) the aggregate net cash proceeds and the Fair Market Value of property other than cash received from the issuance and sale of Qualified Equity Interests of the Borrower or capital contribution to the Borrower, including by way of issuance of its Disqualified Equity Interests or Indebtedness to the extent since converted into Qualified Equity Interests of the Borrower since the Amendment Effective Date minus (b) the sum of (i) the aggregate amount of Investments made pursuant to Section 7.03(r)(ii), (ii) the aggregate amount of Restricted Payments made pursuant to Section 7.06(i) and (iii) prepayments, redemptions, purchases, defeasances or other satisfaction of any Indebtedness pursuant to Section 7.16(b)(iii) since the Amendment Effective Date.
Equity Proceeds Amount means, as of any date of determination, an amount, not less than zero, determined on a cumulative basis to be equal to (a) the aggregate net cash proceeds received from the issuance and sale of Qualified Equity Interests of the Borrower or capital contribution to the Borrower, including by way of issuance of its Disqualified Equity Interests or Indebtedness to the extent since converted into Qualified Equity Interests of the Borrower since the Original Effective Date minus (b) the sum of (i) the aggregate amount of Investments made pursuant to Section 7.03(r)(ii), (ii) the aggregate amount of Restricted Payments made pursuant to Section 7.06(i) and (iii) prepayments, redemptions, purchases, defeasances or other satisfaction of any Indebtedness pursuant to Section 7.16(b)(iii) since the Amendment Effective Date.
Equity Proceeds Amount is defined in Section 1.1 of ADT Limited Guaranty.
Equity Proceeds Amount means, on any date in connection with any transaction, an amount equal to (i) 50% of the aggregate amount of net cash proceeds (other than Excluded Proceeds) received by the Borrower from the issuance of its common equity after the Effective Date less the sum of the aggregate amount of such proceeds expended on or prior to such date (before giving effect to the transaction then being considered) (x) to effect Permitted Acquisitions, (y) to effect Capital Expenditures pursuant to Section 9.09(f) hereof and (z) to repay Senior Subordinated Notes.
Equity Proceeds Amount shall initially be zero, which amount shall be (a) INCREASED at the time of receipt by the Guarantor of Net Cash Proceeds from the issuance of any equity securities after the Closing Date by the amount of such Net Cash Proceeds, (b) REDUCED at the time any Capital Expenditure is made pursuant to Section 7.2(r)(ii) by the amount of such Capital Expenditure, and (c) REDUCED at the time any prepayment of the SDW Subordinated Note is made in accordance with Section 2.9(d) by the amount of such prepayment.