Common use of Borrower Equity Clause in Contracts

Borrower Equity. Equity Contributions required to be in compliance with the Maximum Project Funding Ratio and the Debt Sizing Criteria shall have been paid to the Borrower or any Subsidiary thereof (or to the applicable payee if made through the payment of Project Costs on behalf of a Project), or otherwise credited to the Projects in the case of previously funded Equity Contributions, in an amount not less than the Allocated Minimum Equity Contribution, and as certified by the Independent Engineer.

Appears in 2 contracts

Samples: Credit Agreement (MN8 Energy, Inc.), Credit Agreement (MN8 Energy, Inc.)

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Borrower Equity. Equity Contributions required to be in compliance with the Maximum Project Funding Ratio and the Debt Sizing Criteria shall have been paid to the Borrower or any Subsidiary thereof (or to the applicable payee if made through the payment of Project Costs on behalf of a Project), or otherwise credited to the Projects in the case of previously funded Equity Contributions, in an amount not less than the Allocated Minimum Equity Contribution, and as certified by the Independent Engineer.. CONFIDENTIAL TREATMENT REQUESTED PURSUANT TO 17 C.F.R. SECTION 200.83

Appears in 1 contract

Samples: Credit Agreement (New PubCo Renewable Power Inc.)

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Borrower Equity. Equity Contributions required to be in compliance with the Maximum Project Funding Ratio and the Debt Sizing Criteria shall have been paid to the Borrower or any Subsidiary thereof (or to the applicable payee if made through the payment of Project Costs on behalf of a Project), or otherwise credited to the Projects in the case of previously funded Equity Contributions, in an amount not less than the Allocated Minimum Equity Contribution, and as certified by the Independent Engineer.. PURSUANT TO 17 C.F.R. SECTION 200.83

Appears in 1 contract

Samples: Credit Agreement (New PubCo Renewable Power Inc.)

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