Initial Equity Contribution. The Parent undertakes to the Borrower and the Finance Parties that the Initial Equity Contribution shall be paid in full into the Equity Contribution Account on or prior to the delivery of the first Utilisation Request.
Initial Equity Contribution. Borrower shall have received the Initial Equity Contribution.
Initial Equity Contribution. Borrower shall cause no less than $5,400,000 to be contributed to or applied in payment of the costs and expenses incurred by Borrower in connection with Borrower’s acquisition of the Property, including the payment to Seller of a portion of the purchase price payable for the Property, prior to the disbursement by Lender of any proceeds of the Loan.
Initial Equity Contribution. With respect to the initial Advance, Borrower shall have demonstrated to Lender that Borrower has made the full Initial Equity Contribution;
Initial Equity Contribution. Initial Equity Contribution" shall --------------------------- mean any of (i) the MP $49,500 Equity Contribution made by DR Investor on formation of the Company or (ii) the MP $500 Equity Contribution made by RII on formation of the Company.
Initial Equity Contribution. The initial equity contribution that both AB and CCL shall make to the JVCO upon its acquisition shall be of R$ 400,000.00 (four hundred thousand reais) (“Initial Equity Contribution”).
Initial Equity Contribution. The initial equity contribution that both AB and CCL shall make to the JVCO upon its incorporation (“Initial Equity Contribution”) shall be defined after the Feasibility Assessment is mutually agreed by the Parties, but before the JVCO is incorporated.
Initial Equity Contribution. In respect of any Shareholder, that Shareholder has, and in respect of any Shareholder Guarantor, that Shareholder Guarantor's Related Shareholder has, paid an amount in cash, to Vesper, directly or through Holdings, equal respectively to that Shareholder's and Related Shareholder's Initial Equity Contribution less any statutory tax contributions required to be made by Holdings in respect of any payments made through Holdings (which contributions did not in the aggregate exceed $265,000) and Vesper has not made any Restricted Payment or other Repayment in respect of any Indebtedness on or prior to the date hereof.
Initial Equity Contribution. Lender shall have received evidence from Borrower reasonably satisfactory to Lender (including copies of invoices and other documentation) that the amount of funds contributed by or on behalf of Borrower for the payment of Project Costs on or prior to the Closing Date is equal to or greater than the Initial Equity Contribution.
Initial Equity Contribution. Borrower shall have received in cash the Initial Equity Contribution.