Capital Event

Capital Event. Means the sale or other disposition of the Company or any of its material assets.

Capital Event. The first to occur of: (A) the date that GKH sells or otherwise transfers more than 50% of its Common Stock interest in the Company; (B) the date all or substantially all the assets or property of the Company are sold or otherwise transferred to an unrelated third-party; (C) the effective... date of a merger or consolidation under which the Company is not the surviving entity or the surviving entity is not controlled by GKH either individually or collectively; (D) the dissolution or liquidation of the Company; or (E) the effective date (as declared by the Securities and Exchange Commission) the Common Stock is registered in a public offering and listed on a nationally recognized stock exchange or national inter-dealer quotation system. View More

Capital Event. Means any Approved Sale, any other sale or refinancing (from a lender other than Lender) approved by Lender, and any condemnation, collection of insurance proceeds, or other capital event occurring with respect to the Property or any portion thereof.

Capital Event. Means any sale, transfer, exchange, redemption, repayment, financing, repurchase or other disposition of any capital assets (whether real estate, personal property assets, equity interests or otherwise) of any Group Member, the incurrence of any Indebtedness by any Group Member secured by assets of any Group Member, the refinancing of any Indebtedness of any Group Member (net of any Indebtedness repaid), the receipt of proceeds of casualty or other insurance claims and condemnation awards (net... of any awards that a Group Member is required to apply toward restoration), and any similar transaction. View More

Capital Event. A distribution made to the holder of an Ownership Interest in any Subsidiary as a result of any financing, sale or other transfer of any asset of the Subsidiary, or any realization of any distributions on account of any dividends or return on any preferred or other equity investment in any Subsidiary.

Capital Event. A sale, merger, conversion, or transfer to an unrelated Person or a change of control or similar event affecting the ownership and structure of the Company.

Capital Event. Means (i) when the Company, through a transaction or a series of related transactions becomes a publicly traded entity or (ii) the sale of all or substantially all of the assets or equity of the Company to an unaffiliated Person.

Capital Event. (i) any equity issuance, financing, realization, refinancing (excluding the Initial Equity Proceeds and any proceeds from the Citigroup CMBS refinancing of the Borrower's Canadian properties closed in October 2018 and the two CMBS refinancings being consummated by Citigroup and KeyBank National Association on or about the date hereof), recapitalization, monetization, sale or other transfer of any asset or revenue or income stream of a Pledgor or any Subsidiary thereof, or (ii) any incurrence,... issuance, refinancing, replacement, or similar transaction with respect to Indebtedness of any Pledgor or Subsidiary thereof. For the avoidance of doubt, neither (x) the payment of and receipt by any Pledgor or any Subsidiary thereof or ordinary course cash flows (e.g., cash dividends permitted by the Credit Agreement) not arising from an event otherwise described above, nor (y) the surrender of the Parent's insurance policy on the life of its Chief Executive Officer for such policy's cash surrender value, shall constitute a Capital Event. View More