Contingent Equity Contributions Sample Clauses

Contingent Equity Contributions. In addition to the Primary Equity Contributions described in Section 2.1 above, the Equity Investor hereby agrees to make additional capital contributions to each Borrower in immediately available funds as follows:
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Contingent Equity Contributions. Subject to the terms and conditions hereof, the Parent hereby agrees to make equity contributions to the Borrower (each such contribution, a “Contingent Equity Contribution”) from time to time until the Support Termination Date in an aggregate amount up to but not exceeding the Contingent Equity Contribution Amount. Contingent Equity Contributions shall be provided by the Parent from time to time, only (A) following the funding in full of the Base Equity Contribution Amount and the full utilization of the Term Loan Commitments, in such amounts that, when added to the amount then on deposit in the Construction Account, are sufficient to enable the Borrower to pay Project Costs then due and payable or anticipated to be due and payable through and including the immediately succeeding Transfer Date and (B) upon the occurrence and continuance of an Acceleration Event in an amount equal to the Accelerated Contribution Amount on the applicable Funding Date.
Contingent Equity Contributions. (a) If, and only if, on November 1, 2009, the then outstanding Exposure under the CSRA exceeds the Target Exposure for such date (the “Additional Contribution Trigger”), Parent shall within two (2) Business Days of such date, make a capital contribution in cash to RERH equal to $250,000,000 (“Additional Contribution”). Parent hereby acknowledges that any Additional Contribution to RERH hereunder, subject to the occurrence of the Additional Contribution Trigger or an Accelerated Contribution Event, (i) is absolute and irrevocable, without recourse, without reservation or retention of any interest whatsoever by Parent and (ii) shall be required to be contributed by Parent regardless of whether the amount of such Additional Contribution would be sufficient to reduce Exposure under the CSRA to the amount required for such date in the ESDS. RERH hereby irrevocably directs Parent to make all Additional Contributions directly to the account of MLCI in accordance with Section 6.18 of the CSRA.
Contingent Equity Contributions 

Related to Contingent Equity Contributions

  • Equity Contributions Make, or permit any Significant Subsidiary to make, any equity contributions to any Unregulated Subsidiary; provided, however, that this Section 5.03(h) shall not restrict or otherwise apply to (i) any such equity contributions that are required by Applicable Law or court order or (ii) any intercompany advances made to any Unregulated Subsidiary (including, without limitation, pursuant to the Unregulated Money Pool Agreement) that are recharacterized by a court or other Governmental Authority as equity contributions.

  • Equity Contribution Prior to or substantially concurrently with the initial funding of the Loans hereunder, the Equity Contribution shall be consummated.

  • Subsequent Capital Contributions Without creating any rights in favor of any third party, each Member shall contribute to the Company, in cash, on or before the date specified as hereinafter described, that Member's Sharing Ratio of all monies that in the unanimous judgment of the Management Committee are necessary to enable the Company to acquire the Project from the Seller and to cause the assets of the Company to be properly operated and maintained and to discharge its costs, expenses, obligations, and liabilities, including without limitation its Sharing Ratio of the purchase price set forth in the Asset Sale Agreement, and its Sharing Ratio of Working Capital Requirements in order to bring current Company bank accounts to an amount equal to the Working Capital Requirements, as more particularly described in Section 5.01 below. The Management Committee shall notify each other Member of the need for Capital Contributions pursuant to this Section 4.02 when appropriate, which notice must include a statement in reasonable detail of the proposed uses of the Capital Contributions and a date (which date may be no earlier than the fifth Business Day following each Member's receipt of its notice) before which the Capital Contributions must be made. Notices for Capital Contributions must be made to all Members in accordance with their Sharing Ratios.

  • Additional Funds and Capital Contributions .. 22 Section 4.4 Stock Option Plan................................... 23 Section 4.5 No Interest; No Return.............................. 24 Section 4.6 Conversion or Redemption of Preferred Shares........ 24

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • No Additional Capital Contributions Except as otherwise provided in this Article V, no Partner shall be required to make additional Capital Contributions to the Partnership without the consent of such Partner or permitted to make additional capital contributions to the Partnership without the consent of the General Partner.

  • Members Capital Contributions Each Member shall contribute the amount as pledged, or as determined by the Manager and the Member, as the Member’s Initial Capital Contribution upon not less than 48 hours’ notice by the Manager. An Exhibit A may be amended from time to time by the Manager in its sole discretion to represent the current state of Capital Contributions by Members who may join to this Operating Agreement during the course of the business of the Company. The Manager may instead maintain the Capital Contributions, capital accounts and names of Members using its own office systems and personnel without updating or attaching an Exhibit A to this Operating Agreement.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

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