Financing Equity definition
Examples of Financing Equity in a sentence
The “Put Value” shall mean, as of the Put Notice Date, the greatest of (a) the Revenue Multiple multiplied by Revenue for the prior calendar year, (b) the EBITDA Multiple multiplied by EBITDA, and (c) the Recent Financing Equity Value.
Any Phase I–III Project Financing Equity issued pursuant to this Section 2.1 shall be acquired by MKTY and/or its Affiliates (as applicable) making payment to the appropriate Project SPV(s), as applicable, therefor at the closing with respect to the project financing to which the Phase I–III Project Financing Equity relates.
Notwithstanding the foregoing, the parties intend that the provisions of ARTICLE IX, including the remedies, and limitations thereon, be construed as integral provisions of this Agreement and that such provisions, remedies and limitations shall not be severable in any manner that diminishes a party's rights hereunder or increases a party's liability or obligations hereunder or under the Equity Financing, Equity Commitment Letter or Guarantee.
The foregoing shall include all issuances of Phase I–III Project Financing Equity and Phase II–III Development Equity.
In accepting the Option, Participant acknowledges that he or she has received an Employer Statement translated into Danish, which is being provided to comply with the Danish Stock Option Act.
Promptly following such consultation, Soluna shall deliver written notice of its decision to undertake an issuance of New Phase I Project Financing Equity to the Investor.
Any one of the Operating Partnership, EIP/WV, EQI2, EQI Financing, Equity Inns or Equity Inns Trust has suffered a Material Adverse Financial Change or is Insolvent.
Buyer shall deposit in escrow the Initial Equity Consideration and the Next Financing Equity Consideration (the “Escrow Fund”).
The "Put Value" shall mean, as of the Put Notice Date, the greatest of (a) the Revenue Multiple multiplied by Revenue for the prior calendar year, (b) the EBITDA Multiple multiplied by EBITDA, and (c) the Recent Financing Equity Value.
For the avoidance of doubt, neither MKTY nor its Affiliates shall have an obligation to purchase the foregoing Phase I–III Project Financing Equity.