Retained Equity definition

Retained Equity means the Existing Equity Interest in PREIT, as retained by the Existing Equity Holders pursuant to the terms of the Plan as of the Effective Date.

Retained Equity has the meaning set forth in Section 1.20.

Retained Equity means the proportion of the Market Value in a Shared Ownership Housing Unit represented by such share of unsold equity;

Examples of Retained Equity in a sentence

• Covered Persons who wish to trade Macquarie Group Limited (“MGL”) securities directly through the Macquarie Group Employee Retained Equity Plan (“MEREP”) or through a similar plan, must complete all trades during designated staff trading windows.

• Performance-related profit share and share-based payments expensePerformance-related profit share and share-based payments expense relating to the Macquarie Group Employee Retained Equity Plan (MEREP) is recognised in the Corporate segment and not allocated to Operating Groups.

• The Macquarie Group Employee Retained Equity Plan (“MEREP”) is a flexible plan structure that offers different types of equity grants.

• Performance-related profit share and share-based payments Performance-related profit share and share-based payments expense relating to the Macquarie Group Employee Retained Equity Plan (MEREP) is recognised in the Corporate segment and not allocated to Operating Groups.

• Although PREIT is currently out of compliance with the continued listing requirements of the New York Stock Exchange (“NYSE”), it intends to request that the NYSE make an exception, given its restructuring, to maintain the listing of the Existing Equity Interests (and the Retained Equity) on the NYSE.

More Definitions of Retained Equity

Retained Equity means common stock of the Borrower (including those --------------- shares held by the Management Investors) outstanding prior to the Merger that, pursuant to the Merger, remains outstanding after the Merger and having an aggregate value (based on the Cash Consideration per share paid for the Borrower's common stock in the Merger) equal to approximately $18,100,000.

Retained Equity. Amount shall mean initially zero, which amount shall be (x) increased by the net cash proceeds from all sales or issuances of equity by Holdings (but only to the extent such net cash proceeds are contributed to the equity of the Borrower) after the Restatement Effective Date (but excluding such net cash proceeds to the extent (i) same are required to be used to repay principal of outstanding Term Loans as required by Section 2.6(g) or to repay principal of outstanding Revolving Loans pursuant to Section 2.6(a) as a result of a mandatory reduction of Revolving Loan Commitments pursuant to Section 2.6(g) or (ii) such proceeds were received from one or more Public Equity Offerings and are used to repurchase, repay or retire Senior Subordinated Notes) and (y) decreased, on the date each Capital Expenditure or Investment is made pursuant to Section 8.4(b)(iii) or Section 8.5(m) by the amount of such Capital Expenditure or Investment.

Retained Equity has the meaning assigned in Section 4.3(h)(8).

Retained Equity means, as of any time of determination, the sum of (i) the Common Units issued to the BR Member as of the date of this Agreement, (ii) the Common Units issued from time to time to the BR Member hereunder and/or pursuant to any Equity Agreement and any other Equity Securities issued to or acquired by the BR Member and (iii) any securities issued directly or indirectly with respect to the foregoing securities by way of a unit split, unit dividend, or other division of securities, or in connection with a combination of securities, recapitalization, merger, consolidation, or other reorganization, in each case to the extent retained by the BR Member as of such determination date. As to any particular securities, such securities shall remain Retained Equity in the hands of transferees, including the BR Equityholders, but such securities shall cease to be Retained Equity when they have been (A) effectively registered under the Securities Act and disposed of in accordance with the registration statement covering them, (B) distributed to the public through a broker, dealer or market maker pursuant to Rule 144 under the Securities Act (or any similar provision then in force) or (C) redeemed or repurchased by the Company or any Subsidiary or any designee thereof pursuant to Section 9.7 or Section 9.8 of this Agreement. Any Retained Equity repurchased by the Company pursuant to Section 9.11 of this Agreement shall continue to be treated as Retained Equity of the BR Member solely for purposes of calculating the Minimum Threshold.

Retained Equity means an amount equal to the product of (i) $18.05451 times (ii) the number of Post-Merger Management Shares and Non-Cash Election Shares.

Retained Equity means Shares having a value (based on the Cash Merger Consideration) of approximately $13,300,000 and that will be held by the Continuing Shareholders and, possibly, certain other existing stockholders of Holdings immediately after the Closing Date.

Retained Equity shall have the meaning referred to in Clause 16.6(a);