Minimum Equity Contribution Sample Clauses

Minimum Equity Contribution. If the Specified Hugoton Assets Sale shall not have been consummated on or before the Closing Date, then the Administrative Agent shall have received evidence satisfactory to it that the Borrower shall have received cash proceeds, on or prior to the Closing Date, from the issuance by the Parent of common or preferred equity in an aggregate amount of not less than $25.0 million (such aggregate amount, the “Minimum Equity Contribution”). The terms of any preferred equity issued in connection with the Minimum Equity Contribution shall be acceptable to the Administrative Agent.
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Minimum Equity Contribution. As of any date of determination by the Valuation Agent, the greater of (a) zero and (b) the remainder of (i) the Minimum Total Portfolio Value minus (ii) the Maximum UBS Funded Amount.
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Minimum Equity Contribution. There shall at all times be invested in Borrower, equity in an amount not less than the Minimum Equity Contribution. The Minimum Equity Contribution shall be used solely for payment of costs, expenses and fees in connection with the Refinancing and other costs incurred in connection with the operation of the Property as set forth in the Approved Annual Budget and for no other purposes and shall not be distributed to any direct or indirect shareholder of Plymouth Industrial REIT, Inc. or any Affiliate thereof for any purpose. Borrower shall furnish to Lender, within five (5) Business Days after written request, evidence of compliance with this Section 4.1.16 reasonably acceptable to Lender.
Sample 1
Minimum Equity Contribution. The Investor Group shall have made an aggregate contribution to the Borrower in the aggregate amount of $950,000,000, which contribution shall (i) include a minimum equity contribution of $150,000,000 by each of White Mountains Insurance Group, Ltd. and Berkshire Hathaway Inc. (or their Subsidiaries) and (ii) be, in all material respects, on the terms disclosed to the Administrative Agent prior to March 15, 2004.
Sample 1
Minimum Equity Contribution. The Administrative Agent shall have received evidence that the Borrower shall have received no less than an amount equal to 25% of the aggregate amount of purchase price of the Identified Speedway Sites acquired by any Loan Party on or prior to the Closing Date from the proceeds of contributions to its common equity, which proceeds shall be used on or prior to such Closing Date to help finance the acquisition of such Identified Speedway Sites. Without limiting the generality of the provisions of Section 9.02.4 of this Agreement, for purposes of determining compliance with the conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved, accepted and to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objections thereto. Notwithstanding anything to the contrary in this Section 4.01, to the extent any security interest in any Collateral or any deliverable related to the perfection of security interests in such Collateral (other than any Collateral the security interests in which may be perfected by (x) the filing of a financing statement under the UCC, (y) the delivery of certificates, if any, evidencing the Capital Stock of any wholly-owned Domestic Subsidiary of Holdings that is required to be pledged pursuant to the Security Documents, and (z) the recording of a Mortgage secured by a Real Property Parcel owned in fee as of the Closing Date by the Borrower or any of the Guarantors) is not or cannot be perfected and/or provided on the Closing Date (i) without undue burden or expense or (ii) after the Loan Parties’ use of commercially reasonable efforts to do so, then the perfection of such security interests or the provision of such deliverables shall not constitute a condition precedent to the availability of the Loans on the Closing Date, but instead shall be 106 required to be perfected or delivered within ninety (90) days after the Closing Date (or such later date as may be agreed by the Administrative Agent in its sole discretion).
Sample 1
Minimum Equity Contribution. The Borrower shall have received no less than an amount equal to 25% of the aggregate amount of purchase price of the Identified Speedway Sites acquired by any Loan Party on or prior to the date of the requested Term Loan from the proceeds of 106 contributions to its common equity, which proceeds shall be used on or prior to such date to help finance the acquisition of such Identified Speedway Sites.
Sample 1

Related to Minimum Equity Contribution

  • 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.

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Catch-Up Contributions Unless otherwise elected in Section 2.4 of this amendment, all employees who are eligible to make elective deferrals under this plan and who have attained age 50 before the close of the plan year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Section 414(v) of the Code. Such catch-up contributions shall not be taken into account for purposes of the provisions of the plan implementing the required limitations of Sections 402(g) and 415 of the Code. The plan shall not be treated as failing to satisfy the provisions of the plan implementing the requirements of Section 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416 of the Code, as applicable, by reason of the making of such catch-up contributions.

  • Contributions to Capital (a) The minimum initial contribution of each Member to the capital of the Company shall be $75,000, subject to the discretion of the Manager to accept initial investments in lesser amounts. The amount of the initial contribution of each Member shall be recorded on the books and records of the Company upon acceptance as a contribution to the capital of the Company. The Directors shall not be entitled to make voluntary contributions of capital to the Company as Directors of the Company, but may make voluntary contributions to the capital of the Company as Members.

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • 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.

  • Initial Contribution The capital contributions to be made by the Member and with which the Company shall begin business are as follows: Member Name Contribution Membership Interest Century Land Holdings, LLC $ 1,000.00 100 %

  • Qualified Matching Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable):

  • Public Cash Contribution The Parties acknowledge that, in connection with the Offering, public investors, through the Underwriters, shall make a capital contribution to the Partnership of $[ ] million in cash (the “IPO Proceeds”) in exchange for [ ] Common Units (the “Firm Units”) representing an aggregate [ ]% limited partner interest in the Partnership, and new limited partners are being admitted to the Partnership in connection therewith.

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