Reserve Equity definition

Reserve Equity means the Reserve Equity Amount to be contributed to the Borrower on or before the Satisfaction Date by payment into the Reserve Equity Account.
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Examples of Reserve Equity in a sentence

  • The Investor shall have no obligation with respect to any fees or with respect to any claims made by or on behalf of other persons or entities for fees of a type contemplated in this Section that may be due in connection with the transactions contemplated by the Reserve Equity Financing Documents.

  • The Company shall cause such Registration Statement to be declared effective by the SEC prior to the first sale to the Investor of the Company’s Common Stock pursuant to the Reserve Equity Financing Agreement.

  • Capitalized terms not defined herein shall have the meaning ascribed to them in the Reserve Equity Financing Agreement.

  • The Commitment Shares in the Reserve Equity Financing Agreement between the Company and Investor shall be accepted by the Investor’s brokerage account prior to an Advance Notice being sent to the Investor.

  • In connection with the Reserve Equity Financing Agreement by and between the parties hereto of even date herewith (the “ Reserve Equity Financing Agreement ”), the Company has agreed, upon the terms and subject to the conditions of the Reserve Equity Financing Agreement, to issue and sell to the Investor shares of the Company’s common stock (the “ Common Stock ”), which can be purchased pursuant to the terms of the Reserve Equity Financing Agreement.

  • The Investor acknowledges that this Agreement and all or part of the Reserve Equity Financing Documents may be deemed to be "material contracts" as that term is defined by Item 601(b)(10) of Regulation S-B, and that the Company may therefore be required to file such documents as exhibits to reports or registration statements filed under the 1933 Act or the 1934 Act.

  • In connection with the Reserve Equity Financing Agreement by and between the parties hereto of even date herewith (the “ Reserve Equity Financing Agreement ”), the Company has agreed, upon the terms and subject to the conditions of the Reserve Equity Financing Agreement, to issue and sell to the Investor shares of the Company’s common stock, par value $.001 per share (the “ Common Stock ”), which can be purchased pursuant to the terms of the Reserve Equity Financing Agreement.

  • This condition was fulfilled by the Company after signing the original Reserve Equity Financing Agreement on April 30, 2013.

  • CONVERSION OF SECURITIES 53 Section 16.1. Conversion Privilege 53 Section 16.2. Exercise of Conversion Privilege 53 Section 16.3. Fractions of Equity Interests 54 Section 16.4. Adjustment of Conversion Price 54 Section 16.5. Notice of Adjustments of Conversion Price 57 Section 16.6. Notice of Certain Corporate Action 57 Section 16.7. Issuers to Reserve Equity Interests 58 Section 16.8. Taxes on Conversions 58 Section 16.9. Covenant as to Equity Interests 58 Section 16.10.

  • Company To Reserve Equity Securities; Registration; Listing 117 Section 16.08.