Equity Sale Proceeds definition

Equity Sale Proceeds means the Net Cash Proceeds from the sale of Equity Interests of Holdings.
Equity Sale Proceeds means the aggregate cash proceeds paid or payable to Borrower in connection with any Equity Sale, after deduction of all documented fees, costs and expenses paid to any third party in connection with such Equity Sale.
Equity Sale Proceeds means the aggregate cash proceeds paid or payable to any Borrower, any Subsidiary of any Borrower or Parent in connection with any Equity Sale, after deduction of all reasonable, customary and documented costs and expenses of such Equity Sale.

Examples of Equity Sale Proceeds in a sentence

  • Notwithstanding the foregoing, all amounts received by Borrower after the date of this Note from the issuance or sale of shares of the capital stock of Borrower (referred to herein as "Equity Sale Proceeds") shall be used to pay first all accrued and unpaid interest under this Note and then shall be used to pay the Outstanding Principal Sum to the extent of the remaining balance of such Equity Sale Proceeds.

  • Not later than 72 hours prior to the printing of the Proxy Statement, the Company shall provide a certificate signed by each of the Chief Executive Officer and Chief Financial Officer of the Company in the form of Exhibit I hereto (the “Proceeds Shares Certificate”), which shall set forth (A) the Company Equity Sale Proceeds and (B) the Equity Proceeds Shares, in each case, if any.

  • At any time (a) Parent shall cease to own one hundred percent (100%) of the Borrower Equity Interests, (b) Bulldog and Junior Subordinated Lenders collectively cease to own at least seventy percent (70%) of the voting Parent Equity Interests or (c) any initial public offering of the Parent Equity Interests shall occur and the Equity Sale Proceeds thereof are not applied pursuant to SECTION 2.8.

  • Announces $28.5 Million Equity Sale- Proceeds Will Facilitate Significantly Lower Interest Costs, Strengthen Balance Sheet to Support Future Growth -NEW ORLEANS, March 15, 2005-- Sizeler Property Investors, Inc.

  • The acknowledgment of wrongdoing is like an act of atonement and suggests the intent to reform bad practices.


More Definitions of Equity Sale Proceeds

Equity Sale Proceeds shall be added to article 1.2 (Definitions) as follows:
Equity Sale Proceeds means the aggregate cash proceeds received by the Borrower in connection with any and all issuance, sale or other disposition to a thirdparty/ies of any of the equity interests, options, warrants or other rights to acquire similar interests in the Borrower (excluding cash proceeds from the exercise of options or warrants issued to directors, officers, employees or consultants of the Borrower pursuant to an equity plan), after deducting:
Equity Sale Proceeds means net proceeds received by divine, Inc. from the sale of any equity interest (or any security convertible into, or exchangeable for, such equity interest) of the Purchaser.
Equity Sale Proceeds means the aggregate cash proceeds received by the Parent and the Parent’s Subsidiaries in respect of a Permitted Equity Sale in connection with a public or private offering of equity interests (including equity interests that are issued upon conversion or exchange of securities which are convertible into or exchangeable for such equity interests) of a Subsidiary of the Parent through which its ownership interest of the Company is held net of the direct costs relating to such Permitted Equity Sale (including legal, accounting and investment banking fees and expenses and sales, finders’ or brokers commissions) and taxes paid or payable as a result thereof.
Equity Sale Proceeds means the gross cash proceeds received by Borrower or any Guarantor in connection with any sale or transfer of any capital stock of the Borrower, any Guarantor or any Subsidiary. "Net Proceeds" shall mean the gross cash proceeds and the proceeds of any installment sales received by Borrower or any Guarantor in connection with any sale or liquidation, outside of the ordinary course of business, of any Collateral, any Subsidiary or other asset less the sum of all reasonable actual third party costs of sale approved by Bank in connection therewith. Application of Prepayments. Prepayments shall be applied, first, to outstanding principal under the Term Note, second, following payment in full of the Term Note, to outstanding principal under the Revolving Credit Note with a corresponding permanent reduction of the Over-Advance until the Over-Advance amount is reduced to $0.00, and third, to outstanding principal under the Revolving Credit Note with a corresponding permanent reduction Maximum Availability.
Equity Sale Proceeds means the proceeds from any Equity Sale Milestone, which proceeds shall be deemed to be (a) with respect to any publicly-marketed follow-on financing, at-the-market offering (including pursuant to that certain Open Market Sale Agreement, dated July 7, 2020, by and among Borrower, Jxxxxxxxx LLC and SVB Leerink LLC, as may be amended from time to time), or similar publicly marketed transaction, the gross cash proceeds received by Borrower from such Equity Sale Milestone and (b) for all other Equity Sale Milestones, the lesser of (x) the gross cash proceeds received by Borrower from such Equity Sale Milestone and (y) the fair market value of Borrower’s common stock sold from such Equity Sale Milestone, as determined by reference to [***].
Equity Sale Proceeds the gross proceeds payable to Borrower in connection with any Equity Sale, less all reasonable, customary and documented costs and expenses of such Equity Sale.