Examples of Issuer Equity in a sentence
Issuer Equity means the total equity of the Issuer (as evidenced on the stand-alone financial statements of the Issuer), plus Subordinated Shareholder Loans; Issuer Net Debt means Issuer Debt (as evidenced on the stand-alone financial statements of the Issuer) less (i) Cash and Cash Equivalents of the Issuer and (ii) Special Restricted Cash; Special Restricted Cash means the restricted cash securing the Issuer Debt.
Issuer Equity means the total equity of the Issuer (as evidenced in the stand-alone financial statements of the Issuer), plus Subordinated Shareholder Loans; Issuer Net Debt means Issuer Debt (as evidenced in the stand-alone financial statements of the Issuer) less (i) Cash and Cash Equivalents of the Issuer and (ii) Special Restricted Cash; Special Restricted Cash means the restricted cash securing the Issuer Debt.
The depository is Equity Financial Trust Company (“Equity”) and the shares are held in escrow pursuant to an Escrow Agreement dated July 19, 2012, between the Issuer, Equity and the shareholders.
Common shares in our issued share capital that are held by insiders, being directors, officers and 10% shareholders, are subject to escrow pursuant to an escrow agreement dated August 14, 2012 entered into among the Issuer, Equity Financial Trust Company and each of the insiders.
The Issuer Equity was EUR [•] and the Issuer Total Assets was EUR [•].
Accordingly, the Issuer Equity Ratio was [•]% and the Maintenance Covenant in paragraph (a) (Issuer Equity Ratio) of Condition 13.1 (Maintenance Covenants) [has]/[has not]* been complied with.
Accordingly, the Issuer Equity Ratio was [•]% and the requirement in paragraph (a) (Issuer Equity Ratio) of Condition 13.3 (Incurrence Test) is met.
With respect to the 1,440,000 common shares (the “Finder’s Fee Shares”) that are to be issued as part of the Acquisition, the depository will be Equity and the shares will be held in escrow pursuant to a performance escrow agreement yet to be dated, between the Issuer, Equity and the shareholders.
For this, we form N using the B-spline basis (for natural splines), since then the matrix N TN + ΩI will be banded.
At the discretion of the Issuer, Equity Trust may be replaced as the Bond Registrar by any European or US bank rated A or above by Standard & Poor’s or equivalent.