Preferred Equity Investment definition

Preferred Equity Investment a preferred equity investment held by a Pledged Loan Party or an Affiliated Investor in a Person that (x) is not (except by virtue of such investment) an Affiliate of any Loan Party, and (y) owns one or more Commercial Real Estate Debt Investments and/or Commercial Real Estate Ownership Investments, so long as the documents governing the terms of such preferred equity investment include the following provisions:

Preferred Equity Investment means the issuance of the Preferred Equity on terms reasonably acceptable to the Administrative Agent.

Preferred Equity Investment means a direct or indirect preferred equity ownership interest in a Person owning, operating or controlling, directly or indirectly, one or more multi-family or commercial real estate properties that are either fully constructed or undergoing full or partial construction or renovation.

Examples of Preferred Equity Investment in a sentence

• Lender hereby confirms receipt of the deliverables required in connection with the Assumption of the Loan, the Qualified Preferred Equity Investment, the execution of the Operating Lease Agreements, and the execution of the Management Agreements, as such requirements are set forth in the Original Borrower’s Loan Documents and the Conditional Approval Letter.

• The Administrative Agent shall have received evidence satisfactory to it that the Preferred Equity Investment was consummated on or before March 31, 2013 on terms and subject to conditions set forth in the Acquisition Agreement, and in any case reasonably acceptable to the Administrative Agent.

• The Debtors used a portion of the Preferred Equity Investment to repay, among other things, outstanding borrowings under the Debtors’ then-existing revolving credit facility.

• Transcript of H’rg Debtors' Motion Pursuant to Section 363 of the Bankruptcy Code for an Order (i) Allowing LCPI to Acquire Certain Loans through a Joint Venture and (ii) Authorizing LCPI and LBHI to Provide Gap Funding through a Term Loan, Revolver, and Preferred Equity Investment 45:5-48:12, Aug.

• The MCRC Parties, the Partnership Parties, RPIIA-RLA, L.L.C., a Delaware limited liability company (“RP Investor I”) and RPIIA-RLB, L.L.C., a Delaware limited liability company (“RP Investor II”, and together with RP Investor I, the “Investors”) have entered into a Preferred Equity Investment Agreement, dated as February 27, 2017 (the “Investment Agreement”), pursuant to which the Investors are acquiring units of the Partnership’s preferred units (the “Preferred Units”).

More Definitions of Preferred Equity Investment

Preferred Equity Investment means the issuance by the Company of 7,000 shares of Series C Convertible Preferred Stock to Preferred Equity Investors in an aggregate amount of at least $70,000,000 to be used in connection with the payment of the Acquisition consideration.

Preferred Equity Investment means Preferred Member’s Capital Contribution on the Effective Date in the amount of $2,000,000.00.

Preferred Equity Investment means the Initial Capital Contributions made by SL Member on or about the Effective Date, as increased by the amount of any Additional Capital Contribution made by SL Member in accordance with Section 4.02 and treated as a Preferred Equity Investment.

Preferred Equity Investment means any investment in Mortgagor or any direct or indirect owner of Mortgagor whereby such investment has one or more of the following characteristics: (a) the holder of such investment is entitled to a priority return with respect to any distributions relative to any other investors in the applicable entity in which such investment is in, (b) such investment has a mandatory redemption date, (c) such investment is required to be paid a preferred return irrespective of whether distributions are sufficient to make such payment and (d) the holder of such investment is entitled to exercise remedies against the common equity owners (including, without limitation, the right to change control in the applicable entity in which such investment is in) in the event that payments owed to the holder of such investment are not paid when due or such investment is not redeemed when required.

Preferred Equity Investment means the equity contributions as of the date hereof by the Preferred Equity Investor to Borrower and Junior A Mezzanine Guarantor of Two Million and No/100 Dollars ($2,000,000).

Preferred Equity Investment means the 480,000 shares of Pandora’s Series A Convertible Preferred Stock held by Sirius XM Radio Inc. pursuant to the Preferred Equity Documents.

Preferred Equity Investment has the meaning set forth in the Preamble