Implied Equity definition

Implied Equity means, for a Collateral Loan subject to a binding commitment to be contributed to the Borrower on a cashless basis but that has not yet settled, an amount equal to the product of (i) the difference between (x) one, and (y) the Advance Rate of such Collateral Loan, and (ii) the Adjusted Principal Balance of such Collateral Loan, in each case as agreed in connection with the relevant Approval Request.
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Implied Equity means, for a Collateral Loan subject to a binding commitment to be contributed to the Borrower on a cashless basis but that has not yet settled, an amount equal to the product of (i) the difference between (x) one, and (y) the Advance Rate of such Collateral Loan, and (ii) the Adjusted Principal Balance of such Collateral Loan, in each case as agreed in connection with the relevant Approval Request. “Indebtedness” means, with respect to any Person, as of any day, without duplication: (i) all obligations of such Person for borrowed money; (ii) all obligations of such Person evidenced by bonds, debentures, notes, deferrable securities or other similar instruments; (iii) all obligations of such Person to pay the deferred purchase price of property or services, except trade accounts payable arising in the ordinary course of business; (iv) all Capital Lease Obligations of such Person as lessee; (v) all non-contingent obligations of such Person to reimburse or prepay any bank or other Person in respect of amounts paid under a letter of credit, banker’s acceptance or similar instrument; (vi) all debt of others secured by a Lien on any asset of such Person, whether or not such debt is assumed by such Person, but limited to the lower of (x) the fair market value of such asset as determined by such Person in good faith and (y) the amount of Indebtedness secured by such Xxxx; and (vii) all Indebtedness of others guaranteed by such Person. Notwithstanding the foregoing, “Indebtedness” does not include (x) purchase price holdbacks arising in the ordinary course of business in respect of a portion of the purchase price of an asset or investment to satisfy unperformed obligations of the seller of such asset or investment, (y) a commitment arising in the ordinary course of business to make a future investment or fund subsequent draws under Revolving Collateral Loans, Delayed Drawdown Collateral Loans or the unfunded portion of any existing investment or (z) indebtedness of the Borrower on account of the sale by the Borrower of the first out tranche of any First Lien Loan that arises solely as an accounting matter under ASC 860, provided that such indebtedness (i) is nonrecourse to the Borrower and (ii) would not represent a claim against the Borrower in a bankruptcy, insolvency or liquidation proceeding of the Borrower, in each case in excess of the amount sold or purportedly sold. “Indemnified Party” has the meaning assigned to such term in Section 13.04(b). “Indemnified...
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Examples of Implied Equity in a sentence

  • Precedent Transaction Approach Reverse Split M & A (1) Trading History Implied Equity Values by Approach 0.00 0.20 0.10 Implied Price Per Share $0.60 0.50 0.40 0.30 $0.29 $0.24 $0.26 -$0.25 $0.37 $0.25 Valuation Range $0.35 - $0.40 30-Day Avg.

  • XXXXXX shall comply with the process set forth in the Policies for enabling Individuals to Opt-Out of having their patient information compiled and shared in XXXXXX’s clinical portal or via care summaries.

  • Implied Equity Values Based on Precedent Reverse Split Transactions (1) Selected Precedent Transactions Merger and Acquisition Transactions Equity Date Enterprise Purchase Net Tangible Net Tangible Closed Acquiror Target Value Revenues EBITDA EBIT Revenue EBITDA EBIT Price Earnings BV Earnings BV 10/15/08 NextGen Healthcare Information Systems, Inc.

  • Miller Buckfire’s analysis addresses the Reorganization Value for the Reorganized Debtors, as reflected by the Implied Equity Value, assuming the Plan is approved and becomes effective.

  • Miller Buckfire’s Implied Equity Value and Reorganization Value do not constitute a recommendation to any Holder of Allowed Claims or Interests.

  • The Implied Equity Value and Reorganization Value set forth herein do not constitute an opinion as to fairness from a financial point of view to any person of the consideration to be received by such person under the Plan or of the terms and provisions of the Plan.

  • GarrettOPCDJG-9CAPM Implied Equity Risk PremiumCalculationDavid J.

  • High/Low 19.2x 13.8x 10.1x 45.7x 26.0x 15.5x ------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------ Implied Equity Value per Share Low $0.00 $0.52 $0.60 NM $0.02 $0.33 High 0.00 1.56 1.78 NM 1.30 1.95 Average Excl.

  • The following is a summary of those ranges: ----------------------------------------------------------------------------------------------------------- Summary of Valuation Methodologies Implied Equity Value Per Share ------------------------------------------- ($ in thousands, except per share amounts) Low High Average ----------------------------------------------------------------------------------------------------------- DCF Valuation $0.34 $0.91 $0.61 Publicly Traded Petroleum Equipment Comps.

  • High/Low 23.5x 18.6x 14.1x NM 47.8x 27.2x ------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------ Implied Equity Value per Share Low NM $0.77 $1.14 NM NM $0.85 High NM 2.00 2.49 NM NM 1.82 Average Excl.

Related to Implied Equity

  • Qualified Equity Interests means any Equity Interests that are not Disqualified Equity Interests.

  • Preferred Equity as applied to the Equity Interests of any Person, means Equity Interests of such Person of any class or classes (however designated) that ranks prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to any shares (or other interests) of other Equity Interests of such Person, and shall include, without limitation, cumulative preferred, non-cumulative preferred, participating preferred and convertible preferred Equity Interests.

  • Repurchase Obligation has the meaning set forth in Section 8.6.