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 Person 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; provided, however, that proceeds to Borrower from the exercise of employee stock options shall not be Equity Sale Proceeds.

Examples of Equity Sale Proceeds in a sentence

• To the extent that any Equity Sale Proceeds remain after the consummation of an Equity Sale Offer, the Company (or such Restricted Subsidiary) may use those Equity Sale Proceeds for any purpose not otherwise prohibited by the Indenture.

• 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.

• If the aggregate principal amount of Notes and other Parity Lien Debt tendered into such Equity Sale Offer exceeds the amount of Equity Sale Proceeds, the Trustee shall select the Notes and such other Parity Lien Debt to be purchased on a pro rata basis.

• Any prepayment from Asset Sale Proceeds or Equity Sale Proceeds shall be accompanied by payment of the applicable Prepayment Premium.

• 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.

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 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.

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 aggregate cash proceeds payable to Holding in connection with any Equity Sale, after deduction of all reasonable, customary and documented costs and expenses of such Equity Sale.