Common use of Prior Funding Clause in Contracts

Prior Funding. As of February 6, 2023, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 (the “Prior Funding”), which amount includes Presale Deposits totaling $600,000. Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,326,297 (the Strike Price minus the Prior Funding being hereinafter referred to as the “Minimum Remaining Funding Amount”).

Appears in 3 contracts

Samples: Completion Guaranty, Completion Guaranty, Completion Agreement

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Prior Funding. As of February 68, 20232021, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 (the “Prior P rior Funding”), which amount includes Presale Deposits totaling $600,000. 600,000 Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,326,297 9,300,614 (the Strike Price minus the Prior Funding being hereinafter referred to as the “Minimum M inimum Remaining Funding Amount”).

Appears in 3 contracts

Samples: Completion Guaranty, Completion Agreement, Completion Guaranty

Prior Funding. As of February 68, 20232019, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 (the “Prior Funding”), which amount includes Presale Deposits totaling $600,000. 600,000 Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,326,297 8,321,079 (the Strike Price minus the Prior Funding being hereinafter referred to as the “Minimum M inimum Remaining Funding Amount”).

Appears in 2 contracts

Samples: Completion Guaranty, Completion Agreement

Prior Funding. As of February 68, 20232021, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 (the “Prior Funding”), which amount includes Presale Deposits totaling $600,000. 600,000 Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,326,297 9,300,614 (the Strike Price minus the Prior Funding being hereinafter referred to as the “Minimum Remaining Funding Amount”).

Appears in 1 contract

Samples: Completion Agreement

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Prior Funding. As of February 6January 8, 20232017, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 2,000,000, which includes Pre-Closing Deposits totaling $600,000 (the “Prior P rior Funding”), which amount includes Presale Deposits totaling $600,000. Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,326,297 8,321,079 (the Strike Price minus the Prior Funding being hereinafter referred to as the “Minimum Remaining Funding Amount”).

Appears in 1 contract

Samples: Completion Guaranty

Prior Funding. As of February 68, 20232018, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 2,000,000, which includes Pre-Closing Deposits totaling $600,000 (the “Prior P rior Funding”), which amount includes Presale Deposits totaling $600,000. Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,326,297 8,321,079 (the Strike Price minus the Prior Funding being hereinafter referred to as the “Minimum M inimum Remaining Funding Amount”).

Appears in 1 contract

Samples: Completion Guaranty

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