Common use of Equity Cure Contribution Clause in Contracts

Equity Cure Contribution. The Borrower shall promptly inform the COFACE Agent when an Equity Cure Contribution is to be made (including the details of any Equity Issuance or Subordinated Indebtedness being applied for such purpose).

Appears in 3 contracts

Samples: Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

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Equity Cure Contribution. The Borrower shall promptly inform the COFACE Agent when an Equity Cure Contribution is to be made (including the details of any Equity Issuance or Subordinated Indebtedness being applied for such purpose).

Appears in 1 contract

Samples: Facility Agreement (Globalstar, Inc.)

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