Sponsor Securities definition

Sponsor Securities means any Sponsor Global Securities or any temporary Securities or Physical Securities issued in exchange for beneficial interests in a Sponsor Global Security.
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Sponsor Securities shall have all of the Equity Shares held by the Sponsors in the Company.
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Sponsor Securities has the meaning set forth in Section 6.3.
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Examples of Sponsor Securities in a sentence

  • The Sponsor Securities (as defined below) and the Incentive Distribution Rights and the limited partnership interests represented thereby have been duly authorized and validly issued in accordance with the Partnership Agreement and fully paid (to the extent required under the Partnership Agreement) and non-assessable (except as such non-assessability may be affected by matters described in Section 41 of the Marshall Islands Limited Partnership Act (the “Marshall Islands LP Act”)).

  • Notwithstanding anything to the contrary contained herein, in no event shall the number of Transferred Sponsor Securities transferred pursuant to this Agreement reduce the effective issue price of the Shares issued pursuant to the Subscription Agreement to below $9.50 per share or otherwise trigger an adjustment of the Warrant Price (as defined in the Warrant Agreement) pursuant to Section 4.3.2 of the Warrant Agreement.

  • The Transferee further agrees to accept the Transferred Sponsor Securities subject to any restrictions under the Insider Letter and Warrant Agreement that apply to the holder of such securities after the Transaction Closing, and agrees to comply with such restrictions as if it were the “Insider” or “Sponsor” party thereto.

  • The Transferee hereby acknowledges that the Transferred Sponsor Securities are subject to the terms and conditions of the Insider Letter and Warrant Agreement, and agrees to accept the Transferred Sponsor Shares subject to such restrictions applying to such Transferred Sponsor Securities under the Insider Letter and Warrant Agreement, and the Transferee agrees to comply with such restrictions.

  • As the sole general partner of FLS X, FHMLS X,L.P. may be deemed to beneficially own the Sponsor Securities and the FLS X Securities.

  • By: /s/ Vasiliki Papaefthymiou Name: Vasiliki Papaefthymiou Title: Director/Secretary [Signature Page Sponsor Securities Purchase Agreement] Exhibit 10.2 FORM OF CO-INVESTMENT SHARE SUBSCRIPTION AGREEMENT THIS CO-INVESTMENT SHARE SUBSCRIPTION AGREEMENT (this “ Agreement ”) is made as of February 26, 2013, by and between Navios Maritime Acquisition Corporation, a Marshall Islands corporation (the “ Company ”), and [ ] (the “ Purchaser ”).

  • Transferred Sponsor Securities under the Insider Letter and Warrant Agreement, and the Transferee agrees to comply with such restrictions.

  • In case no instructions or directions are provided by APGL, the Sponsors shall vote for its Sponsor Securities in the manner consistent and in agreement with the voting by APGL on its Equity Shares in the Company.

  • As members of FHMLS X, L.L.C. and managers of each of FLS X, FHMLS X, L.P. and FHMLS X, L.L.C., each of Mr. Topper and Mr. Heron may be deemed to beneficially own the Sponsor Securities and the FLS X Securities.

  • As the sole general partner of FHMLS X, L.P., FHMLS X,L.L.C. may be deemed to beneficially own the Sponsor Securities and the FLS X Securities.


More Definitions of Sponsor Securities

Sponsor Securities shall have the meaning given in the Preamble hereto.
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Sponsor Securities means all Equity Securities and Debt Securities of the Company held by the Sponsor from time to time;
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Sponsor Securities means preferred securities or subordinated debt securities issued or sold to any shareholder that is party to (or hereafter becomes a party to) the Shareholders' Agreement, or any of their respective controlled affiliates; provided that (i) the terms of such securities do not provide for any collateral security, subsidiary guaranties, offers to purchase or redeem, scheduled repayment of principal, payment of interest, covenants, events of default, mandatory redemption or sinking fund obligation prior to three months after maturity of the Term B Loan facility and (ii) the subordination terms are otherwise satisfactory to the Administrative Agent.
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Sponsor Securities means, collectively, the Class A Ordinary Shares and Private Warrants held by Sponsor. Sponsor Securities do not include Class A Ordinary Shares issued pursuant to the Common Equity Financing, Backstop Shares or Acquired Shares.
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Sponsor Securities means the Sponsor Shares and the Sponsor Warrants.
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Related to Sponsor Securities

  • Successor Securities has the meaning specified in Section 9.5(a).

  • Predecessor Securities of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.06 in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the lost, destroyed or stolen Security.

  • Investor Securities means the securities eligible for registration pursuant to the Registration Rights Agreement.

  • Successor Security of any particular Security means every Security issued after, and evidencing all or a portion of the same debt as that evidenced by, such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.7 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Security.

  • Predecessor Security of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 2.07 in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the lost, destroyed or stolen Security.

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Permitted Junior Securities means Equity Interests in the Company or debt securities of the Company or the relevant Guarantor that are subordinated to all Senior Debt (and any debt securities issued in exchange for Senior Debt) or Guarantor Senior Debt (and any debt securities issued in exchange for Guarantor Senior Debt), as applicable, to substantially the same extent as, or to a greater extent than, the Notes are subordinated to Senior Debt or the Subsidiary Guarantees are subordinated to Guarantor Senior Debt, as applicable, pursuant to this Indenture.

  • Pari Passu Securities means any class or series of capital stock of the Company hereafter created specifically ranking, by its terms, on parity with the Designated Preferred Stock as to distribution of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Regulation S Global Securities Appendix A

  • Holder of Debt Securities or other similar terms means, a Person in whose name a Debt Security is registered in the Debt Security Register (as defined in Section 2.07(a)).

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Individual Securities shall have the meaning specified in Section 3.01(p).

  • Exempt Securities has the meaning set forth in Section 4.4(d).

  • Global Securities means a Security or Securities, as the case may be, in the form established pursuant to Section 2.2 evidencing all or part of a Series of Securities, issued to the Depositary for such Series or its nominee, and registered in the name of such Depositary or nominee.

  • Registered Securities will have the same meaning as set forth in the Purchase Agreement.

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.

  • Predecessor Notes With respect to any particular Note, every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purpose of this definition, any Note authenticated and delivered under Section 2.07 of the Indenture in lieu of a lost, destroyed or stolen Note shall be deemed to evidence the same debt as the lost, destroyed or stolen Note.

  • Junior Securities means the Common Stock and all other Common Stock Equivalents of the Corporation other than those securities which are explicitly senior or pari passu to the Preferred Stock in dividend rights or liquidation preference.

  • Covered Securities means any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a "security", or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase any of the foregoing.