Preferred Equity Agreement definition

Preferred Equity Agreement means that certain Stockholders Agreement, dated as of March 10, 2021, by and among the Borrower and the Preferred Equity Holders.
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Preferred Equity Agreement means the Series A Securities Purchase Agreement, dated as of December 3, 2018, by and among Continental General Insurance Company and Parent Borrower, together with the Amended and Restated Certificate of Designation of Series A Fixed Rate Preferred Stock of HC2 Broadcasting Holdings Inc., dated as of the date hereof, in each case, as in effect on the date hereof.
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Preferred Equity Agreement means the MHI Hospitality Corporation Articles Supplementary for Series A Cumulative Redeemable Preferred Stock evidencing the issuance of the Preferred Stock to the Preferred Investor dated April 18, 2011 and filed with the Maryland Department of Assessments & Taxation on April 18, 2011, as amended.
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Examples of Preferred Equity Agreement in a sentence

  • Let S denote the set of all allocations (ui, wi), such that x˜i(t) in (22) does not incur any idleness during the shift, i.e., iS = {(ui, wi)| x˜i(t) > ui − (y0 − wi)+ ∀t ∈ [0, τ ]}.

  • Lenders hereby consent to the Preferred Equity Agreement Amendment pursuant to Section 7.3(k) and any other relevant section of the MSD Note and the GA Note.

  • All other elements of the Preferred Equity Agreement remain intact.Amendments to the agreement were accepted by the Sponsor, allowing for the project to continue while EquityMultiple investors continued to receive monthly distributions, in addition to a supplemental extension fee that was charged to the Sponsor.As the ultimate maturity date approached, all renovation work had been completed and approved, excluding fire suppression approval.

  • The Borrower will not, and will not permit any Subsidiary to amend or, terminate or otherwise modify (x) its certificate of incorporation, by-laws or other organizational document or (y) the Specified Preferred Equity Agreement, in either case, in a manner that materially adversely affects the Lenders (it being understood and agreed that the consummation of any Division by a Credit Party materially adversely affects the Lenders).

  • The Borrowers shall not, and shall not permit any Loan Party or other Subsidiary to, amend, supplement, restate or otherwise modify any terms of the Preferred Equity Agreement that could reasonably be expected to be materially adverse to the interests of the Administrative Agent and the Lenders without the prior written consent of the Required Lenders.

  • Preferred Investor acknowledges and agrees that after an Event of Default under the Credit Agreement which remains uncured or is not waived by the Lenders, Preferred Investor may not exercise any remedies against any Loan Party except: (a) litigation seeking to compel a Loan Party to implement the Additional Board Designees (as defined in the Preferred Equity Agreement); and (b) the Equity Raise (as defined in Section 10 of the Preferred Equity Agreement as in effect on the Sixth Amendment Effective Date).

  • Preferred Investor agrees that it will comply with the terms and conditions contained in Section 15 of the Preferred Equity Agreement (as in effect on the Sixth Amendment Effective Date) and it will not amend, supplement, restate or otherwise modify the terms of the Preferred Equity Agreement in any manner that could reasonably be expected to be materially adverse to the interests of the Administrative Agent and the Lenders without the prior written consent of the Required Lenders.

Related to Preferred Equity Agreement

  • Preferred Equity means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • Co-financing Agreement means the agreement to be entered into between the Borrower and the Co-financier providing for the Co-financing.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Standstill Agreement shall have the meaning set forth in Section 6.03.

  • Investment Agreement shall have the meaning set forth in the Recitals hereto.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Subordination Agreement means a subordination, intercreditor, or other similar agreement in form and substance, and on terms, approved by Agent in writing.

  • Alternative Acquisition Agreement has the meaning set forth in Section 5.3(d).

  • Exclusivity Agreement , in relation to land, means an agreement, by the owner or a lessee of the land, not to permit any person (other than the persons identified in the agreement) to construct a solar pv station on the land;”;

  • Company Security Agreement means the Company Security Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIV annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • IP Security Agreement is that certain Intellectual Property Security Agreement executed and delivered by Borrower to Collateral Agent and dated as of the Effective Date, as may be amended, restated, or otherwise modified or supplemented from time to time.

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).