Committed Equity Sample Clauses
Committed Equity. The Borrower shall provide evidence of at least $200,000,000 in committed equity capital on or before the Effective Date. The Administrative Agent shall notify the Borrower and the Lenders of the Effective Date, and such notice shall be conclusive and binding.
Committed Equity. 24.2.1 Each Shareholder hereby agrees in favour of each of the other Shareholders and the Company to provide its respective portion of the Required Equity Contribution (Equity Contribution) at the date on which such Equity Contribution is called by the Board.
24.2.2 The Parties record that the Required Equity Contribution and the figures in Annexe B are extracted from the current version of the Financial Model. The Parties agree that if the Financial Model is amended, updated, changed or replaced in terms of the Financing Agreements before Financial Close, the Required Equity Contribution and/or the figures in Annexe B (as the case may be) shall be deemed to be amended in accordance with the Financial Model.