Equity Sales definition

Equity Sales means any sale or issuance of any share capital of ▇▇▇▇▇▇ International other than: (i) shares, options or units issued pursuant to ▇▇▇▇▇▇ International share or equity incentive plans or issued in respect of executive compensation plans or arrangements; (ii) share capital issued to acquire assets, shares or other ownership interests in third parties; (iii) share capital issued to settle, compromise or satisfy (in whole or in part) indebtedness or other obligations; or (iv) share capital issued in respect of any shareholder rights plan or as part of a strategy used by ▇▇▇▇▇▇ International to discourage a hostile takeover by another company (“poison pill”). Convertible debt shall be included in the definition of Equity Sales upon actual conversion (except for ▇▇▇▇▇▇ International’s current 8.25% convertible notes and convertible notes issued for the purpose of replacing or refinancing the same).
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Examples of Equity Sales in a sentence

  • All Equity Interests held by the Executive shall be subject to the Equity Sales provision as described in the Required Investment Program.

  • On the Trade Date and on each date on which Dealer or its affiliates makes a sale pursuant to a prospectus in connection with a hedge of this Transaction, Counterparty repeats and reaffirms as of such date all of the representations and warranties contained in the Equity Sales Agreement.

  • Counterparty hereby agrees to comply with its covenants contained in the Equity Sales Agreement as if such covenants were made in favor of Dealer.

  • In the event of a conflict between the terms of this Equity Sales Agreement and a Terms Agreement, the terms of such Terms Agreement shall control.

  • In addition, Counterparty represents that it is eligible to conduct a primary offering of Shares on Form S-3, the offering contemplated by the Equity Sales Agreement complies with Rule 415 under the Securities Act of 1933, as amended (the “Securities Act”), and the Shares are “actively traded” as defined in Rule 101(c)(1) of Regulation M.

  • This Transaction shall be effective if and only if Shares are sold by the Agent on or after the Trade Date and on or before the Hedge Completion Date pursuant to the Equity Sales Agreement.

  • By: /s/ Robert Arena ------------------------------------ Name: Robert Arena Title: Senior Vice President Hartford Equity Sales Company, Inc.

  • Holdings Equity Sales and Net Financing Proceeds............117 7.15.

  • Any vested Equity Interests held by the Executive shall be subject to the Equity Sales provision as described in the Required Investment Program.

  • Any vested Equity Interests held by the Executive shall be subject to the Equity Sales provision as described in Section I of the Incentive Program (Section I specifically referred to as the “Required Investment Program”).

Related to Equity Sales

  • Equity Event is the receipt by Borrower on or after the Effective Date of unrestricted net cash proceeds of not less than Forty Million Dollars ($40,000,000.00) from the issuance and sale by Borrower of its equity securities, on or before March 31, 2016 and the receipt of evidence thereof by Collateral Agent on or before such date, which evidence must be reasonably acceptable to Collateral Agent.

  • Specified Sales means (a) the sale, transfer, lease or other disposition of inventory and materials in the ordinary course of business and (b) the conversion of cash into Cash Equivalents and Cash Equivalents into cash.

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • Hybrid Equity Securities means securities issued by Borrower or any subsidiary that (a) are classified as possessing a minimum of (i) “intermediate equity content” by S&P and (ii) “Basket C equity credit” by Moody’s and (b) do not contain any scheduled principal payments or prepayments or any mandatory redemptions or mandatory repurchases prior to the date that is at least 91 days after the latest applicable Maturity Date.

  • Acquisitions means the acquisition by the Borrower or its Subsidiaries of at least a majority of the capital stock or all or substantially all of the property of another Person, division of another Person or other business unit of another Person, whether or not involving a merger or consolidation of such Person; provided, that such Person or property is used or useful in a Permitted Line of Business.