Redeemable Equity definition

Redeemable Equity means any Equity Interest of the Company or any of the Subsidiaries that by its terms (or by terms of any security into which it is convertible or for which it is exchangeable), or otherwise (including by the passage of time or the happening of an event), is required to be redeemed, is redeemable at the option of the holder thereof in whole or in part (including by operation of a sinking fund), or is convertible or exchangeable for Indebtedness of such Person (with a scheduled maturity prior to the 91st day immediately following the Maturity Date) at the option of the holder thereof, in whole or in part, at any time prior to the 91st day immediately following the Maturity Date (other than upon the occurrence of a change of control or asset sale); provided, however, that only the portion of such Equity Interest which is required to be redeemed, is so convertible or exchangeable or is so redeemable at the option of the holder thereof before such date will be deemed to be Redeemable Equity. However, Redeemable Equity will not include any common stock issued by the Company or the Subsidiaries to its employees or directors that is subject to repurchase by the Company or the Subsidiaries pursuant to the terms of any employment agreement, benefit plan or other arrangement. The amount of Redeemable Equity deemed to be outstanding at any time for purposes of the Indenture will be the maximum amount that the Company or any of the Subsidiaries may become obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions of, such Redeemable Equity or portion thereof, exclusive of accrued dividends.
Redeemable Equity means any equity security of the Company that by its terms (or by terms of any security into which it is convertible or for which it is exchangeable), or otherwise (including by the passage of time or the happening of an event), is required to be redeemed (other than solely for Common Stock or another security that is not Redeemable Equity or Indebtedness and cash in lieu of fractional shares), is redeemable (other than solely for Common Stock or another security that is not Redeemable Equity or Indebtedness and cash in lieu of fractional shares) at the option of the holder thereof, in whole or in part (including by operation of a sinking fund), or is convertible or exchangeable, at the option of the holder thereof, for Indebtedness of such Person (with a scheduled maturity prior to the 91st day immediately following the Maturity Date), in each case, at any time prior to the 91st day immediately following the Maturity Date (other than upon the occurrence of a fundamental change that also constitutes a Fundamental Change hereunder, a change of control or an asset sale); provided, however, that only the portion of such equity security which is required to be redeemed, is so redeemable at the option of the holder thereof or is so convertible or exchangeable at the option of the holder thereof, in each case, before such date will be deemed to be Redeemable Equity. Redeemable Equity will not include any Common Stock issued by the Company to its employees or directors that is subject to repurchase by the Company pursuant to the terms of any employment agreement, benefit plan or other arrangement. The aggregate principal amount of Redeemable Equity deemed to be outstanding at any time for purposes of the Indenture will be the maximum amount that the Company may become obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions of, such Redeemable Equity or portion thereof, exclusive of accrued dividends.
Redeemable Equity of any Person means any equity interest of such Person that by its terms or otherwise, absolutely, contingently or otherwise, is or may be required to be redeemed or repurchased by such Person or is or may become redeemable or repurchasable at the option of the holder thereof.

Examples of Redeemable Equity in a sentence

  • The accrual of interest, the accretion or amortization of original issue discount, the payment of interest on any Indebtedness in the form of additional Indebtedness with the same terms, the reclassification of preferred stock as Indebtedness due to a change in accounting principles, and the payment of dividends on Redeemable Equity in the form of additional shares of the same class of Redeemable Equity will not be deemed to be an incurrence of Indebtedness for purposes of this Section 4.10.

  • Pursuant to the authorization of the Shareholders' General Meeting of April 17, 2008, on April 29, 2009 the Board of Directors agreed on the principle of an issue of Redeemable Equity Warrants, approved the list of eligible beneficiaries and the maximum number of warrants to be subscribed by each beneficiary both as of right and above and beyond such rights.

  • The Redeemable Equity will be redeemed by NewCo when the CHCT Debt is paid off in full.

  • In August 2009, the FASB issued the FASB Accounting Standards Update No. 2009-04, Accounting for Redeemable Equity Instruments - Amendment to Section 480-10-S99, which represents an update to section 480- 10-S99, distinguishing liabilities from equity, per EITF Topic D-98, Classification and Measurement of Redeemable Securities.

  • The Redeemable Equity shall have no rights associated with it beyond the appointment of the Board Position, and shall have no economic value beyond the $1,000 redemption value.

  • Based on subscription requests from eligible beneficiaries, a total number of 2,999,000 Redeemable Equity Warrants were subscribed at a price of €3.22 per warrant by a total of 629 participants.

  • On July 18, 2007, the Radiall Group issued Bonds with Redeemable Equity Warrants (OBSAAR) which were the subject of an operating note dated June 18, 2007, approved by the AMF under no.

  • As the performance of the Cap Gemini share at June 30, 2009 was below 90% of the performance of the reference basket, no performance shares would have been awarded if the performance measurement period ended at that date.• The Redeemable Equity Warrants, since the aggregate of the €34 exercise price and €3.22 issue premium is higher than the average market price of the Cap Gemini share in first-half 2009.

  • Redeemable Equity InstrumentsWe adopted ASU 2009-04, “Accounting for Redeemable Equity Instruments, an amendment to Section 480-10-S99,” (ASU 2009-04) on October 1, 2009.

  • Actual cases of potential conduit abuse in our experience are more likely to involve the use, in related party contexts, of classic hybrid instruments considered debt in the foreign country but equity by theU.S. and which narrowly avoid meeting the technical requirements to be Redeemable Equity.


More Definitions of Redeemable Equity

Redeemable Equity of any Person means any equity interest of such Person that by its terms or otherwise, absolutely, contingently or otherwise, is required to be redeemed or is redeemable at the option of the holder thereof at any time.
Redeemable Equity means any equity security of us or any of our subsidiaries that by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or otherwise (including by the passage of time or the happening of an event), is required to be redeemed (or all or any portion of the liquidation preference thereof is required to be paid), is redeemable (or all or any portion of the liquidation preference is payable) at the option of the holder thereof in whole or in part (including by operation of a sinking fund), or is convertible or exchangeable for indebtedness of such person (with a scheduled maturity prior to the 91st day immediately following the maturity date of the notes) at the option of the holder thereof, in whole or in part, at any time prior to the 91st day immediately following the maturity date of the notes (other than upon the occurrence of a change of control or asset sale); provided, however, that only the portion of such equity security which is required to be redeemed (or in respect of which the liquidation preference or portion thereof is payable), is so convertible or exchangeable or is so redeemable at the option of the holder thereof before such date will be deemed to be redeemable equity. Redeemable equity will not include any common stock issued by us or our subsidiaries to our employees, directors or consultants that is subject to repurchase by us or our subsidiaries pursuant to the terms of any employment agreement, equity incentive plan, benefit plan or other arrangement. The amount of redeemable equity deemed to be outstanding at any time for purposes of the indenture will be the maximum amount that we or our subsidiary may become obligated to pay upon the maturity of, or pursuant to any mandatory redemption provisions or provisions requiring payment of any portion of the liquidation preference, of, such redeemable equity or portion thereof, exclusive of accrued dividends. For purposes of determining compliance with this covenant, in the event that an item of Indebtedness meets the criteria of more than one of the types of Permitted Debt above, we may in our sole discretion reclassify all or any portion of such Indebtedness.
Redeemable Equity of any Person means any equity interest of such Person that
Redeemable Equity means any equity security of the Company that by its terms (or by terms of any security into which it is convertible or for
Redeemable Equity means any equity security of the Company or any of its Subsidiaries that by its terms (or by terms of any security into which