Permitted Equity Liens definition

Permitted Equity Liens means the ownership interest of the related Tax Equity Investor in the related Tax Equity Facility and in each case arising under the related Financing Fund LLCA.
Permitted Equity Liens means (a) Liens for Taxes not yet delinquent or which are being Contested, (b) Liens in favor, or for the benefit, of the Security Trustee and the other Secured Parties permitted pursuant to or required by this Agreement and the other Finance Documents, and (c) restrictions on transfer under any Government Rules relating to securities.
Permitted Equity Liens means Liens permitted under Section 6.02(a), Section 6.02(c), Section 6.02(r), and Section 6.02(t).

Examples of Permitted Equity Liens in a sentence

  • All Assets owned by each Acquired Company are free and clear of all Liens, other than Permitted Liens and Permitted Equity Liens.

  • Funds held as refundable performance bonuses are non-interest bearing.

  • Upon the terms set forth in this Agreement, SellerCo hereby sells, assigns, transfers, conveys and delivers all of the Membership Interests free and clear of all Liens (other than Permitted Equity Liens) to Purchaser, and Purchaser hereby purchases and accepts all of the Membership Interests from SellerCo in exchange for the consideration set forth in Section 2.3, which shall be delivered in accordance with this Agreement.

  • All of the Membership Interests have been duly authorized, validly issued and fully paid and SellerCo has good and valid title to the Membership Interests free and clear of all Liens (other than Permitted Equity Liens).

  • Immediately upon the consummation of the transactions contemplated by this Agreement, Purchaser will own the Membership Interests free and clear of all Liens (other than Permitted Equity Liens).


More Definitions of Permitted Equity Liens

Permitted Equity Liens shall have the meaning assigned to such term in Section 3.07(a).
Permitted Equity Liens means, with respect to any Equity Interests of a Person, Permitted Liens of the type described in clauses (a)(i), (e), (h), (l), (m) or (n) of the definition of Permitted Liens.
Permitted Equity Liens means Liens permitted to Section 7.03(a)(iv), Section 7.03(a)(vii), Section 7.03(a)(ix) and Section 7.03(a)(xi).
Permitted Equity Liens means (a) restrictions on transfer imposed by applicable securities Laws, (b) with respect to any Contributed Company Interests, restrictions on transfer set forth in the Charter Documents of such Contributed Company, (c) Liens that arise as the result of any Tax Equity Financing and (d)(i) in the case of the FS Contributed Interests, those matters set forth in Part I of Schedule 1.1(d) of the FS Disclosure Schedule, and (ii) in the case of the SP Contributed Interests, those matters set forth in Part I of Schedule 1.1(d) of the SP Disclosure Schedule.
Permitted Equity Liens means, with respect to any Equity Interests of a Person, Permitted Liens of the type described in clauses (a)(i), (e), (h), (l) or (m) of the definition of Permitted Liens.
Permitted Equity Liens means (a) restrictions on transfer imposed by applicable securities Laws, (b) with respect to the Company Interests, restrictions on transfer set forth in the Charter Documents of the Company, (c) with respect to the Equity Interests in Kingbird Holdings, restrictions on transfer set forth in the Charter Documents of Kingbird Holdings, (d) with respect to the Equity Interests in a Project Company, restrictions on transfer set forth in the Charter Documents of such Project Company, (e) Liens that arise as the result of any Tax Equity Financing and (f) those matters set forth in Part I of Schedule 1.01(b) of the Seller Disclosure Schedule.
Permitted Equity Liens means, with respect to the Membership Interests, (a) Liens created by the acts of Purchaser or any of its Affiliates, (b) any restriction on the sale, transfer, pledge, or other disposition of securities by Purchaser under the Securities Act, or any other federal, state and other Laws governing securities, and (c) Liens arising under the Group CompaniesFundamental Documents.