Equity Stake definition
Examples of Equity Stake in a sentence
In the event that the Transferee or the Company after the transfer of the Equity Stake suffers from any damage due to the Transferors’ non-cooperation, the Transferors shall be jointly liable for the compensation in accordance with law.
If, at any time during the Term of this Agreement, the Investor Group shall hold at least a Minimum Interest but less than sixty-six percent (66%) of the Initial Equity Stake, immediately upon such occurrence the Investor Group shall cause all the Investor Group Designees serving on the Board in excess of the number of Investor Group Designees described in Section 3.2(b)(iii) to resign from the Board, effective as of the date of such occurrence.
In the event that after the completion of the transfer of the Equity Stake, the Company is punished by any governmental authority as a result of any above-mentioned issues, the Transferors shall assume joint liabilities to fully compensate the Company and/or the Transferee.
In the event that the Transferee or the Company after the transfer of the Sale Equity Stake suffers from any damage due to the Transferors’ non-cooperation, the Transferors shall be jointly liable for the compensation in accordance with law.
In case that the Transferee and/or Company suffer from any loss or damage due to the involvement of any state-owned assets and interests in the Sale Equity Stake, the Transferors shall assume the joint liability and compensate the Transferee and/or the Company in full.
In the event that the Transferee and/or the Company incur any damage or loss arising out of any flaw, defect or any other problem which has already existed before the transfer of the Equity Stake, the Transferors shall be jointly liable for the full compensation on the Transferee and/or the Company.
If, at any time during the Term of this Agreement, the Investor Group shall hold at least sixty-six percent (66%) but less than eighty percent (80%) of the Initial Equity Stake, immediately upon such occurrence the Investor Group shall cause all the Investor Group Designees serving on the Board in excess of the number of Investor Group Designees described in Section 3.2(b)(ii) to resign from the Board, effective as of the date of such occurrence.
Total Revenue $473,308 $567,970 $681,564 $817,876 $981,451 Total Expenses $399,148 $416,928 $438,264 $463,867 $494,591 Net Profit $ 74,160 $151,042 $225,660 $328,343 $451,563 Equity Stake 15% 15% 15% 15% 15% Net Profit $74,160 $151,042 $225,660 $328,343 $451,563 Investor's Returns 11,124 22,656 33,849 49,252 67,734 Below is our income statement projection for the first five years.
Should a pre-existing customer of Sky Guys require the services of the Licensee outside of the Territory, and there is no licensee or franchisee of Sky Guys entitled to servicing that particular territory, the Licensee shall pay an additional five percent (5%) Maintenance Fee for work performed outside the Territory for that customer, with no such part being allocated to Equity Stake but shall be fully payable in the same manner that the Maintenance Fee would otherwise be payable.
In the event that after the completion of the transfer of the Sale Equity Stake, the Company is punished by any governmental authority as a result of any above-mentioned issues, the Transferors shall assume joint liabilities to fully compensate the Company and/or the Transferee.