Equity Redemption definition

Equity Redemption means any purchase, repurchase, acquisition, redemption or retirement of any issued and outstanding shares of Capital Stock (or any rights, options or convertible securities therefor) from any holder by Company or any Affiliate thereof, except for repurchases to fund employee stock purchase/401(k) or similar plans which plans in the aggregate do not exceed 5% of the outstanding Capital Stock.
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Equity Redemption means the redemption of the Equity Interests of Gregory S. Daily in iPayment Investors, L.P. and iPayment GP, LLC.
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Equity Redemption means any purchase, repurchase, acquisition, redemption or retirement of any issued and outstanding shares of Capital Stock (or any rights, options or convertible securities therefor) from any holder by the Company or any Affiliate thereof, except for repurchases to fund employee stock purchase/401(k) or similar plans which plans in the aggregate do not exceed 5% of the outstanding Capital Stock.
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Examples of Equity Redemption in a sentence

  • If an Equity Disposition or an Equity Redemption is of less than all of the Capital Stock then outstanding, then the number of Warrants and Warrant Shares subject to purchase under this Section shall be reduced proportionately (to the nearest whole number), and such reduced number will be allocated pro rata among all holders of Capital Stock desiring to sell securities in connection with such transaction.

  • Company shall give written notice to each Holder of Warrants and each Holder of Warrant Shares (at each such Holder's last known address as it appears on Company's books and records) promptly after an agreement in principle is reached with respect to any Equity Disposition, any Equity Redemption or any Non-Surviving Transaction (but, in any event, at least 30 calendar days prior to the closing of any such transaction).

  • Notwithstanding the foregoing, in connection with any such Equity Disposition, Equity Redemption or Non-Surviving Transaction, each Holder may elect (at its option) to receive the purchase price payable under this Section pro rata in kind in the same form of consideration as is to be received by Company or such selling equityholder.

  • In connection with any Equity Disposition, any Equity Redemption or any Non-Surviving Transaction, Company or the acquiror in any such transaction shall also offer to purchase on the terms set forth below all of the Warrant Shares and all of the Warrants.

  • If an Equity Disposition or an Equity Redemption is of less than all of the Capital Stock then outstanding, then the number of Warrants and Warrant Shares subject to purchase under this Section shall be reduced proportionately (to the nearest whole number), and such reduced number will be allocated pro rata among all Holders desiring to tender Warrant Shares or Warrants in connection with such transaction.

  • The Partnership shall pledge the Investment Notes to secure obligations of the Partnership under the Equity Redemption Loan.

  • In addition, upon the closing of the Equity Redemption Loan, the Partnership will pay its proportionate share of the closing fee in the approximate aggregate amount of $116,000.

  • The proceeds of the Equity Redemption Loan and Prudential Guarantied Loan shall be applied to make the Investment Loan and acquire the Investment Notes on the date hereof.

  • You shall have obtained the Prudential Guarantied Loan and Equity Redemption Loan or the closing of such loans shall occur concurrently with the closing of the transactions contemplated herein; and the lenders of the Prudential Guarantied Loan and Equity Redemption Loan shall have made available to you in full the proceeds of the Prudential Guarantied Loan and Equity Redemption Loan.

  • Equity Redemption Loan, Prudential --------------------------------------------------- Guarantied Loan, Existing Loans and Replacement Loans.


More Definitions of Equity Redemption

Equity Redemption means the repayment and redemption of all of Holdings’s outstanding Class A Units (including payment of all accrued preferred distributions thereon and the common participation right associated therewith) held by the owners thereof, cash distributions to SRAM-SP2 to pay any taxes, expenses or other costs incurred by SRAM-SP2 or its shareholders in connection therewith, and the amendment and restatement of the Limited Liability Company Operating Agreement of Holdings to replace the separate Class A Units and Class B Units issued thereunder with a single class of common units, and to eliminate the corporate governance and liquidity rights associated with the Class A Units thereunder and corresponding changes to the Limited Liability Company Operating Agreement of the Borrower, all substantially as further described on Schedule III.
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Equity Redemption. : means any of the circumstances or events in which the Notes shall be or are redeemed pursuant to Condition 5.5(b) (Equity Redemption).
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Equity Redemption means the purchase, redemption, retirement, acquisition, cancellation or termination by the Company of any of its Equity Interests.
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Equity Redemption has the meaning set forth in the preamble to this Agreement.
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Related to Equity Redemption

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • Early Redemption Event means that each Performance of the Basket Componenti (k) is equal to or greater than the respective Early Redemption Leveli (k).

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;