New Capital Amount means the net proceeds received by the Issuer or any other member of the Group from the external issuance and/or sale of ordinary shares and/or saving shares from the Lagged Reporting Date up to the relevant Interest Payment Date;
New Capital Amount means, at any date, the net proceeds received by the Issuer or ZIG from new issuances (whether in one or more public offerings or private placements) and/or sales of ordinary shares, during the period commencing on the 180th day prior to such date and designated by the Issuer or ZIG at or before the time of issuance as available to pay Interest Payments on the Capital Notes.
New Capital Amount means, for any Dividend Payment Date, the net proceeds received by the Corporation from new issuances of Qualifying APM Securities (as defined below) (whether in one or more public offerings or private placements) during the period commencing on the 180th day prior to (i) the date of the notice that dividends will be skipped on such Dividend Payment Date or (ii) if no such notice is given, the 15th day prior to such Dividend Payment Date (without double counting proceeds received during such 180-day period);
Examples of New Capital Amount in a sentence
In consideration of Lxxxxx’s entering into this Agreement and agreeing to the Standstill, Borrow undertakes and agrees to seek to obtain the New Capital Amount and to pursue an uplisting of its common stock onto either the NASDAQ or NYSE stock exchanges, with all diligence and in good faith.
More Definitions of New Capital Amount
New Capital Amount means 100% of the net proceeds received by us or any other member of the Group between the Lagged Reporting Date and the relevant Interest Payment Date from any external issuance or sale of ordinary shares or Qualifying Mandatory Convertibles.
New Capital Amount means the total amount of capital raised by the Company from the issuance and sale of ordinary
New Capital Amount means, as of any date of determin- ation, an amount equal to the aggregate net cash proceeds received by Borrower from the issuance and sale of capital stock of Borrower (including upon any conversion or exchange of debt securities of Borrower issued after the Closing Date into or for such capital stock) after the Closing Date and through such date.
New Capital Amount. ’ means the net proceeds received by the Issuer from new issuance and/or sales during the period of 180 days prior to the relevant Interest Payment Date under (i) Share Settlement or (ii) Security Settlement.
New Capital Amount means the net proceeds received by the Guarantor from new issuances and/or sale of ordinary shares, preference shares and instruments that provide equity credit from the rating agencies akin to the Bonds during the period of 180 days prior to such date and designated by the Guarantor at or before the time of issuance as available to pay distributions on the Bonds. A “Mandatory Deferral Event” shall have occurred on an Interest Payment Date, if up to the end of the Calculation Date(x) the Accumulated Quarters’ Net Income (as defined below) for the four-quarter period of the Guarantor ending on the quarter that is two quarters prior to the most recently completed and published quarter of the Guarantor is less than or equal to zero; and(y) the Adjusted Shareholders’ Equity Amount (as defined below) as at the end of the most recently completed and published quarter of the Guarantor and as at the end of the quarter that is two quarters before the most recently completed and published quarter of the Guarantor has declined by 10% or more as compared to the Adjusted Shareholders’ Equity Amount as at the end of the quarter of the Guarantor that is ten quarters prior to the most recently completed and published quarter of the Guarantor (the “Benchmark Quarter”). Where:
New Capital Amount means, at any date, the net proceeds (after underwriters’ or placement agents’ fees, commissions or discounts and other expenses relating to the issuances) received by the Company from issuances of its Common Shares or Perpetual Deferrable Preferred Stock (whether in one or more public offerings registered under the Securities Act or private placements or other transactions exempt from registration under the Securities Act) during the period commencing on the 90th day prior to such date, and which are designated by the Company’s board of directors at or before the time of issuance as available to pay distributions on the Preferred Securities.
New Capital Amount as at any date shall mean an amount equal to (a) the aggregate amount as of that date of consideration received by the Company on or after the Plan Effective Date from any issuance of any capital stock of the Company, after deducting any underwriters' commissions and out-of-pocket expenses in connection with such issuance (other than any such expenses paid by the underwriters or by any other unaffiliated party), minus (b) (1) the amount of any Excluded Expenses, other than any underwriters' commissions and out-of-pocket expenses deducted pursuant to subclause (a) of this sentence, (2) the aggregate amount of the proceeds of the IPO used to pay or provide for the Cash-Out Amount and (3) the amount of any cash dividends paid by the Company on its capital stock. For the avoidance of doubt, the $1 billion principal amount of the Notes, as well as any consideration received from the Investor in respect of the issuance of any other shares of Common Stock and the amount received upon the sale of shares of Common Stock in the IPO, shall be deemed consideration received by the Company for purposes of calculation of the New Capital Amount. The "Adjusted New Capital Amount" as at any date shall mean an amount equal to the New Capital Amount as at such date increased by an amount equal to 5% per annum, compounded annually, on such New Capital Amount, calculated from and including the Plan Effective Date (or, with respect to any portion of such New Capital Amount received by the Company after the Plan Effective Date, from and including the date the Company received such portion), to but excluding the date as at which the Adjusted New Capital Amount is being determined.