Equity Injection. Borrower shall provide evidence in a form satisfactory to Bank, of Borrower’s thirty (30%) percent equity injection paid up front for Public Service Commission related capital expenditure projects prior to Borrower requesting any loan advances from Bank.
Equity Injection. Issuer shall have received net proceeds of no less than ----------------- $850,000 Cdn cash from the issuance of common shares from treasury of Issuer at an issue price of no less than $0.85 Cdn per common share (the "Condition Precedent Financing").
Equity Injection. The Company had not received no later than on the Acquisition Closing additional equity in the amount of at least EUR 500,000,000 from shareholders (or any of them) by way of cash capital increase.
Equity Injection. The Borrower warrants and represents that it has injected funds equal to or in excess of that required under the terms of the SBA Authorization for land, building, machinery, equipment or property in cash or kind into the project.
Equity Injection. The Sponsor shall ensure, at all times until the Project Final Completion Date, that the Costs to Equity Ratio shall be less than or equal to 2.0:1.0.
Equity Injection. If the IPO Date does not occur by August 31, 2000, the Borrower shall receive new cash equity by no later than August 31, 2000 in an amount that is not less than $19,000,000.00, net of any costs and expenses incurred by Borrower in raising such additional capital."
Equity Injection. The Shareholder represents that prior to or simultaneously herewith, it and certain other persons have purchased callable non-convertible, non-participating preferred stock from Brazos for no less than Two Million Five Hundred Thousand Dollars ($2,500,000), which sum is not currently reflected on the audited financial statements of Brazos described below, all as evidenced by the materials set forth in Exhibit 4.04 hereto.
Equity Injection. Borrower represents and warrants that it received additional equity of $1,750,000.00 in gross proceeds and, net of expenses, $1,471,500.00, as result of the sale to GCA Strategic Investment Fund Limited of 1,750 shares of Borrower’s Series A Convertible Preferred Stock pursuant to that certain Subscription and Securities Purchase Agreement dated April 8, 2004, by and between Borrower and GCA Strategic Investment Fund Limited. Borrower further represents and warrants that it used a portion of the proceeds from such equity injection to retire $510,516.07 of indebtedness of Borrower to First Federal Savings Bank of Wabash.
Equity Injection save for the purposes of effecting any equity injections by the Shareholders as contemplated by the Financing Documents and the Shareholders' Undertaking and then only to such extent as shall not affect the proportional interests of the Shareholders in the voting capital of the Borrower, issue any further shares or alter any rights attaching to its issued shares in existence at the date hereof;
Equity Injection. The Plan must set forth the amount of equity funding (i.e. capital or subordinated debt or a combination thereof ) in an amount reasonably necessary for the restructuring of X.X. Xxxxxx and Nitro Electric. The plan shall also specifically provide the timeframe and source for the injection of the equity funding.
