Initial Equity Contributions definition

Initial Equity Contributions means (i) AW's contribution to the ---------------------------- Borrower of 20 MHz of A or B Block PCS licenses covering the markets and Pops set forth in Schedule 3.14 hereto (the "AW Licenses") in exchange for 732,371 shares of Series A Preferred Stock and 366,131 shares of Series D Preferred Stock and (ii) purchases of 1,400,000 shares of Series C Preferred Stock of Holdings by other investors for cash consideration and irrevocable commitments of not less than $140,000,000, the purchase price for which will be paid directly to the Borrower.

Initial Equity Contributions means investments by Holdings, the Parent, LP GmbH and Midco in the Equity Interests of the Parent, LP GmbH, Midco and Bidco, respectively and the Investment by GP GmbH in the general partnership interests of Midco and Bidco, as described in the recitals to this Agreement.

Initial Equity Contributions means (i) AW's contribution to the Borrower of 20 MHZ of A or B Block PCS licenses covering the markets and Pops set forth in Part A of Schedule 3.14 hereto (the "AW Licenses") in exchange for 66,722 shares of Series A preferred stock of the Borrower, 34,292 shares of Series D preferred stock of the Borrower, and 33,360 shares of Series F preferred stock of the Borrower, (ii) purchases of 124,525 shares (or 129,525 shares if the Supplemental Closing (as defined in the Securities Purchase Agreement) occurs) of Common Stock and 128,000 shares (or 133,000 shares if the Supplemental Closing occurs) of Series C preferred stock of the Borrower by other investors for cash consideration and irrevocable commitments of not less than $128,000,000, or, if the Supplemental Closing occurs, not less than $133,000,000, pursuant to the Securities Purchase Agreement and (iii) the contribution by the existing shareholders of THC of all their right, title and interest in the equity of THC to the Borrower in exchange for Common Stock and preferred stock of the Borrower with the result that THC becomes a wholly owned subsidiary of the Borrower and the Borrower thereby indirectly acquires Licenses covering the markets and Pops set forth in Part B of Schedule 3.14 hereto.

Examples of Initial Equity Contributions in a sentence

• The proceeds of the Loans, together --------------- with the proceeds of the Initial Equity Contributions and the Subordinated Debt, if any, will be used only to fund capital expenditures related to the construction of the Network, the acquisition of Related Businesses (including acquisitions permitted by Section 6.05(m)), working capital needs of the Borrower, investments in Bidding Entities permitted by Section 6.05(i) and subscriber acquisition costs.

• The proceeds of the Loans, together ---------------- with the proceeds of the Initial Equity Contributions and the Subordinated Debt, if any, will be used only to fund capital expenditures related to the construction of the Network, the acquisition of Related Businesses, working capital needs of the Borrower and subscriber acquisition costs and Letters of Credit will be issued only to support payment obligations incurred in the ordinary course of business by the Borrower and the Restricted Subsidiary.

• Vesper has received an amount in cash equal to the aggregate of the Shareholders' Initial Equity Contributions less any statutory tax contributions required to be made by Holdings in respect of any payments made through Holdings (which contributions did not in the aggregate exceed $265,000) and Vesper has not made any Restricted Payment or any other Repayment in respect of any Indebtedness on or prior to the date hereof.

• The proceeds of the Loans, ---------------- together with the proceeds of the Initial Equity Contributions and the Subordinated Debt, if any, will be used only to fund capital expenditures related to the construction of the Network, the acquisition of Related Businesses, working capital needs of the Borrower and subscriber acquisition costs.

• The proceeds of the Loans, together ---------------- with the proceeds of the Initial Equity Contributions and the Subordinated Debt, if any, will be 124 used only to fund capital expenditures related to the construction of the Network, the acquisition of Related Businesses (including acquisitions permitted by Section 6.05(m)), working capital needs of the Borrower, the investment in the Bidding Entity permitted by Section 6.05(i) and subscriber acquisition costs.

More Definitions of Initial Equity Contributions

Initial Equity Contributions means the EUR 36,250,000 amount provided, or to be provided by the direct and/or indirect shareholders of the Issuer prior to the First Issue Date, in the form of equity for the purposes of financing Project Costs.

Initial Equity Contributions means (i) AW's contribution to the ---------------------------- Borrower of 20 MHz of A or B Block PCS licenses covering the markets and Pops set forth in Part A of Schedule 3.14 hereto (the "AW Licenses") in exchange for 66,722 shares of Series A Preferred Stock, 34,292 shares of Series D Preferred Stock, and 33,360 shares of Series F Preferred Stock, (ii) purchases of 124,525 shares (or 129,525 shares if the Supplemental Closing (as defined in the Securities Purchase Agreement) occurs) of Common Stock and 128,000 shares (or 133,000 shares if the Supplemental Closing occurs) of Series C Preferred Stock of the Borrower by other investors for cash consideration and irrevocable commitments of not less than $128,000,000, or, if the Supplemental Closing occurs, not less than $133,000,000, pursuant to the Securities Purchase Agreement, (iii) the contribution by the existing shareholders of THC of all their right, title and interest in the equity of THC to the Borrower in exchange for Common Stock and Preferred Stock with the result that THC becomes a wholly owned subsidiary of the Borrower and the Borrower thereby indirectly acquires Licenses covering the markets and Pops set forth in Part B of Schedule 3.14 hereto,(iv) if the San Xxxx Acquisition occurs prior to or on the Closing Date, the contribution by AW of 20 MZ of A Block PCS Licenses covering the markets and pops set forth in Part D of Schedule 3.14 hereto together with related assets for approximately $55,000,000 in cash, $2,400,000 in additional Common Stock, and $37,500,000 in additional Preferred Stock and, in connection therewith, the purchase by third party investors of additional Common Stock and additional Preferred Stock for cash consideration of not less than $39,700,000 and (v) if the THC San Diego Merger occurs prior to or on the Closing Date, the contributions, purchases and stock issuances described in the definition of "THC San Diego Merger".

Initial Equity Contributions means the contributions for the subscription of Shares in the aggregate amount of $5,000,000 as contemplated by Clause 3.2.2;