Required Equity Contribution. If at any time prior to the Discharge Date (i) a Rating Event occurs and (ii) the Company delivers to each Holder of a Note an Offer to Repay Notice pursuant to Section 8.1.3(b) of the Note Purchase Agreement and the Company receives from any Holder of a Note a written notice under Section 8.1.3(b) of the Note Purchase Agreement accepting the Company’s Offer to Repay pursuant to Section 9.23 of the Note Purchase Agreement (a “Purchase Notice”), the Contributor shall make, or cause to be made, an Equity Contribution (the “Required Equity Contribution”), in accordance with the mechanics set forth in Section 2.2, in an amount equal to the principal amount of Notes plus accrued interest specified in the Purchase Notice.
Required Equity Contribution. Borrower shall have provided evidence satisfactory to Lender that it has made the Required Equity Contribution.
Required Equity Contribution. The Seller shall maintain in the Buyer the Required Equity Contribution.
Required Equity Contribution. The Borrower, Atomic and Southwestern Production Corp shall have received cash contributions from COPL on terms and conditions satisfactory to the Administrative Agent on or prior to the Closing Date in an amount equal to at least $9,000,000.
Required Equity Contribution. Sections 6.2 of the Senior Loan Agreement and the Bridge Loan Agreement are hereby modified to provide that the Borrower’s Required Equity Contribution may be made by way of proceeds of the Second Mezzanine Loan.
Required Equity Contribution. The Funding Recipient has delivered to the Authority evidence that the current amount of the Required Equity Contribution, as indicated on the Cost Sheets and Breakdown, has been disbursed or will be available for disbursement in accordance with the Project Management Plan, attached hereto as Exhibit E.
Required Equity Contribution. As of any date of determination prior to the Termination Date, an Equity Contribution of at least $115,000,000.
Required Equity Contribution. To the extent that the Required Equity Contribution has not been funded in full prior to the Initial Disbursement Date, one or more Acceptable Letters of Credit in an amount equal to the unfunded balance of the Required Equity Contribution.
Required Equity Contribution. (i) The Borrower shall have certified that it has received Equity in such an amount so that the Debt to Equity Ratio is not greater than 65:35. For the purposes of such certification, the Required Equity Contribution shall be deemed contributed to the Borrower if evidence of payment satisfactory to the Administrative Agent and the Independent Engineer of Project Costs by or on behalf of the Borrower shall have been received by the Administrative Agent and the Independent Engineer and the Administrative Agent and the Independent Engineer shall have received copies of all invoices and other evidence of Project Costs paid with the Required Equity Contribution and such documentation shall be in form and substance reasonably satisfactory to the Administrative Agent and Independent Engineer.
Required Equity Contribution. (a) In satisfaction of the condition precedent to each Disbursement Date (including the Initial Disbursement Date) under the Credit Agreement, each Pledgor on a several basis, shall (i) make (or cause to be made) Shareholder Contributions or (ii) notify the Administrative Agent to make draws under any Required Equity Credit Support in an aggregate amount equal to its Maximum Available Equity Contribution Amount to the Borrower to the extent necessary to cause the Debt to Equity Ratio to be not greater than 65:35 as of each Disbursement Date. For the avoidance of doubt, the obligations in this Section 2.01 are in furtherance of Section 6.03(j) of the Credit Agreement.
