Restricted Equity Interests definition

Restricted Equity Interests means any Equity Interests if the grant of a security interest therein would constitute or result in a breach or termination pursuant to the terms of, or a default under, the terms thereunder or under any contract, property rights, obligation, instrument or agreement related thereto.
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Restricted Equity Interests means, collectively, the Equity Interests in each of Bear Creek Storage, Mojave, Mojave Operating and WIC; provided, however, that if the Equity Interests in WIC are Disposed of pursuant to the CIG/WIC Transaction, such Equity Interests shall cease to be “Restricted Equity Interests” hereunder.
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Restricted Equity Interests means Restricted Equity Interests as defined in the Security Agreement (Escrowed Equity).
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Examples of Restricted Equity Interests in a sentence

  • Disposition Proceeds which constitute Restricted Equity Interests shall be referred to herein as “Restricted Disposition Proceeds” and shall not be included within the property subject to the Security Interest.

  • Upon such termination of this Agreement, the Administrative Agent shall, at the sole expense of the Grantors, promptly deliver to the Grantors the Escrowed Shares, all other certificated Restricted Equity Interests and the Disposition Proceeds Collateral and take such actions at the request of the Grantors as may be necessary to effect the same.

  • To the extent that any Equity Interest in a Subsidiary constitutes General Intangibles, such Equity Interests shall not be listed as Escrowed Shares in any supplement to Schedule 1, and shall not constitute Restricted Equity Interests hereunder.

  • Each Credit Related Party that owns Restricted Equity Interests has good title to its respective Restricted Equity Interests, free and clear of all Liens or other encumbrances, except for Collateral Permitted Liens.

  • Upon any Disposition or conversion of all or a part of the Escrowed Shares or other Restricted Equity Interests (including without limitation any foreclosure sale, any other forced sale or any sale or disposition arising or occurring pursuant to a plan in bankruptcy), the Grantors shall deliver to the Collateral Agent, or an agent or bailee of the Collateral Agent, any certificated Disposition Proceeds, including duly executed instruments of transfer.

  • Upon such termination of this Agreement, the Collateral Agent shall, at the sole expense of the Grantors, promptly deliver to the Grantors the Escrowed Shares, all other certificated Restricted Equity Interests and the Disposition Proceeds Collateral and take such actions at the request of the Grantors as may be necessary to effect the same.

  • On each anniversary date from the date of Closing of this Capital Increase, 1/3 of the Restricted Equity Interests held by Restricted Shareholders will vest.

  • The Borrower Representative shall provide the Administrative Agent with five (5) Business Days advance written notice of any proposed Disposition of the Restricted Equity Interests, which notice shall be accompanied by the definitive documentation for the proposed Disposition.


More Definitions of Restricted Equity Interests

Restricted Equity Interests means the Capital Stock of the Restricted Companies scheduled on Schedule 1.01(c) (as such Schedule may be supplemented from time to time by GPB Prime).
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