Specified Equity Offering means one or more issuances of equity by the Borrower for aggregate net cash proceeds of not less than fifty percent (50%) of the aggregate purchase price of the Specified Acquisition.
Specified Equity Offering means the date (or the last such date if more than one issuances are aggregated) that the proceeds are received by the Borrower of one or more issuances of equity by the Borrower for aggregate net cash proceeds of not less than twenty five percent (25%) of the aggregate purchase price of the Specified Acquisition. For purposes of clarification, the Borrower, the Administrative Agent and the Lenders agree that nothing in this Agreement, including this definition, shall obligate the Borrower at any time to issue equity for the purpose of financing all or any portion of the purchase price associated with a Specified Acquisition.
Specified Equity Offering means the issuance by the Company of equity interests (including, for the avoidance of doubt, common stock, preferred equity or equity-linked securities or equity interests in the form of mandatory convertible securities or tangible equity units) pursuant to a registered public offering or private placement to finance, in whole or in part, the Palate Acquisition; provided that such issuance of equity interests generate cash proceeds of not less than $1,750,000,000.
Examples of Specified Equity Offering in a sentence
Parent will cause the net proceeds of the Specified Equity Offering (if consummated) to be used to redeem Senior Secured Notes in accordance with the Senior Secured Notes Indenture within 30 days of the consummation of the Specified Equity Offering.
Notwithstanding anything in this Section 3.2A or anything else herein to the contrary, the Note Purchaser has elected to have the May 28, 2015 interest payment (the “Deferred Interest”) paid in the form of Shares upon the consummation of a Specified Equity Offering (if any).
More Definitions of Specified Equity Offering
Specified Equity Offering means the issuance by the Company of equity interests (including, for the avoidance of doubt, common stock, preferred equity or equity-linked securities or equity interests in the form of mandatory convertible securities or tangible equity units) pursuant to a registered
Specified Equity Offering means the (i) offering of subscription rights to purchase shares of the common stock of Holdings and/or (ii) the sale of common stock of Holdings and/or the sale of Qualified Capital Stock of Holdings to be completed pursuant to Amendment No. 3.
Specified Equity Offering means the date (or the last such date if more than one issuances are aggregated) that the proceeds are received by the Borrower of one or more issuances of equity by the Borrower for aggregate net cash proceeds of not less than twenty five percent (25%) of the aggregate purchase price of the Specified Acquisition. For purposes of
Specified Equity Offering means any issuance of New Securities, other than an Excluded Issuance, on or prior to October 31, 2015.
Specified Equity Offering means the date (or the last such date if more than one issuances are aggregated) that the proceeds are received by the Borrower of one or more issuances of equity by the Borrower for aggregate net cash proceeds of not less than twenty-five percent (25%) of the aggregate purchase price of the Specified Acquisition. For purposes of clarification, nothing in this Agreement, including this definition, shall obligate the Borrower at any time to issue equity for the purpose of financing all or any portion of the purchase price associated with a Specified Acquisition.
Specified Equity Offering means an offering of common stock of Parent consummated on or prior to the date which is six months following the Amendment and Restatement Effective Date, the proceeds of which, when taken together with the Warrant Proceeds, are sufficient to fund the Specified Notes Redemption and any fees, premiums and expenses related thereto.
Specified Equity Offering means (a) any primary issuance of Equity Interests or equity-linked securities by the Borrower or its Subsidiaries, other than (i) the IPO, (ii) to management, directors or employees of, consultants or advisors to, or contractors with the Borrower or any Subsidiary pursuant to employee and other benefit plans, stock option or stock purchase plans, management equity plans, equity-based compensation plans, other benefit plans or compensation arrangements (including non-plan grants to bona fide service providers) or accommodations, whether such plans, arrangements or other accommodations are existing on the Closing Date or established thereafter in the ordinary course of business, (iii) any issuance by a Subsidiary to the Borrower, any other Subsidiary or any direct or indirect shareholder of such Subsidiary so long as the direct or indirect interest of the Borrower in such Subsidiary is not reduced (in which case, the issuance shall equal the amount by which the Borrower’s direct or indirect interest in such Subsidiary is reduced) and (iv) dividend reinvestment plans established for the benefit of the common stockholders of the Borrower and (b) secondary sales of the Borrower’s Equity Interests issued in respect of restricted stock units issued by the Borrower (“RSUs”) and vesting within 180 days of the IPO pursuant to an underwritten public offering that includes arrangements between the Borrower and the selling shareholders requiring the proceeds of such secondary sales to be applied for the purpose of paying withholding tax obligations arising upon the vesting of such RSUs or to reimburse the Borrower for paying such withholding tax.