Sponsor Investment. The Agents shall have received reasonably satisfactory evidence that the Permitted Holders made a cash equity contribution to Ultimate Parent of at least $118,000,000 plus fee and expenses related thereto (plus $26,900,000 of roll-over equity from existing management and $37,400,000 of roll-over equity from the Funko Sellers under the Acquisition Agreement) to effect the consummation of the Funko Acquisition.
Sponsor Investment. The Sponsor shall have, directly or indirectly, invested a minimum of $350,000,000 (inclusive of the Deferred Purchase Price) in the Transactions of which no less than $78,000,000 shall be applied to the Transactions (including by way of payment of expenses related thereto) or contributed in cash as common equity on or before the Closing Date.
Sponsor Investment. OPIC shall have received satisfactory evidence, which evidence shall include certificates of the Companies’ independent accountants and certified copies of relevant stock certificates, that the Sponsors or other entities acceptable to OPIC have made to the Companies a fully paid-in cash equity contribution or a contribution of a combination of equity and subordinated debt, cash, assets (other than the Contributed Equipment and Development Costs paid under Section 4.03) and, to the extent approved by OPIC for this purpose, Project costs incurred as of the date hereof, in each case satisfactory to OPIC, on terms satisfactory to OPIC and in accordance with the Approved Financial Plan and Section 2.01(c) (together, the “Contributed Amounts”).
Sponsor Investment. The Agents shall have received reasonably satisfactory evidence that the Permitted Holders made a cash equity contribution to Ultimate Parent of at least $5,000,000.
Sponsor Investment. Section 5.06 of the Loan Agreement is amended to replace the clause “Project costs incurred as of the date hereof in the eighth line thereof to “Project costs incurred as of December 31, 2001”.
Sponsor Investment. Immediately following the Merger, Xxxxxx X.Xxxxxx and Sponsor shall consummate the Sponsor Investment pursuant to the Sponsor Subscription Agreement and the applicable Dutch Deed of Issue.
Sponsor Investment. OPIC shall have received satisfactory evidence, which evidence shall include certificates of the Borrower’s independent accountants and certified copies of relevant stock certificates, that each of the Borrower and the Consignee has been fully capitalized in accordance with applicable laws, that the Shareholders identified in the Borrower Share Pledge and Retention Agreement together hold legal and beneficial title to one hundred percent (100%) of the capital stock of the Borrower, that any transfer of any shares or other equity interest to any Shareholder other than the Shareholders identified in the Borrower Share Pledge and Retention Agreement shall have occurred in accordance with the Borrower Share Pledge and Retention Agreement, and that the Borrower holds legal and beneficial title to one hundred percent (100%) of the capital stock of the Consignee.
Sponsor Investment. The Lender shall have received satisfactory evidence, including certificates of the Company's independent accountants and certified copies of relevant stock certificates, that the Veksel. Inc. has made fully paid-in capital contributions to the Company of at least US$ 50.0 million and owns at least 50% of the Company's capital stock and has advanced funds to the Company of at least $US 52.0 million under the Subordinated Loan Agreement.
Sponsor Investment. The Advisor or one of its Affiliates will, prior to the Commencement Date, contribute $200,000 (the “Sponsor Investment”) in exchange for the Shares of the Company. The Advisor or its Affiliates may not sell any of the Shares purchased with the Sponsor Investment while the Advisor acts in an advisory capacity to the Company. The restrictions included above shall not apply to any Shares acquired by the Advisor or its Affiliates other than the Shares acquired through the Sponsor Investment. Neither the Advisor nor its Affiliates shall vote any Shares they now own, or hereafter acquire, or consent that such Shares be voted, on matters submitted to the Stockholders regarding (i) the removal of IPC Alternative Real Estate Advisor, LLC as the Advisor; (ii) the removal of any member of the Board; or (iii) any transaction by and between the Company and the Advisor, a member of the Board or any of their Affiliates.
Sponsor Investment. SUBORDINATED LOAN. OPIC shall have received satisfactory evidence, which evidence shall include certificates of the Company's independent accountants and certified copies of relevant stock certificates, that (i) the Sponsors, directly or indirectly, have made an advance of the Subordinated Loan to the Company in the amount of $5,400,000 in accordance with the Financial Plan and (ii) the Shareholders hold the legal and beneficial title to the equity of the Company in the percentages set forth in Section 3.04.
