StadCo Contribution Amount Sample Clauses

StadCo Contribution Amount. StadCo shall make contributions for deposit into the StadCo Contribution Trust Account from a StadCo Source of Funds. Pursuant to Section 3.2(d)(i) of the Development Agreement, from and after the Authority Catch-up Achievement Date until the Section 35(2)(b) Date (subject to StadCo’s obligation to fund Cost Overruns), on or before the [third] Business Day after the [22nd] day of each month, StadCo shall deposit the proceeds of a StadCo Source of Funds constituting a portion of the StadCo Contribution Amount to the StadCo Contribution Trust Account and the appropriate Subaccounts therein. In addition, and to the extent applicable at any time prior to the Final Authority Contribution Date, on or before the [third] Business Day following the [22]nd day of the month, StadCo shall deposit the proceeds of a StadCo Source of Funds constituting a portion of the StadCo Contribution Amount to the StadCo Contribution Trust Account and the appropriate Subaccounts therein in an amount equal to the Authority Contribution Shortfall for such month. The Trustee shall deposit all amounts received by StadCo constituting a portion of the StadCo Contribution Amount as follows: (1) Funds received by StadCo from FinanceCo pursuant to the StadCo Credit Facility shall be deposited into the StadCo Credit Facility Subaccount. (2) Funds received by StadCo from Ventures pursuant to the NFL G-4 Facility shall be deposited into the NFL G-4 Facility Subaccount.
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StadCo Contribution Amount. The StadCo Contribution Amount shall be funded by StadCo as follows: (i) StadCo shall deposit into the Construction Funds Trust, for allocation to the Project Account established for deposit of the StadCo Contribution Amount (the “StadCo Contribution Trust Account”), proceeds of the StadCo Source of Funds in such amounts and at such times as may be required to timely pay the Project Costs and satisfy the terms of this Agreement. Such deposits shall be made by wire transfer of federal funds.
StadCo Contribution Amount. An amount, as determined from time to time, equal to the amount necessary to complete the Project Improvements in accordance with the Project Cash Budget minus the sum of (i) the Authority Contribution Amount and (ii) the PSL Contribution Amount (such amount, the “StadCo Contribution Amount”).
StadCo Contribution Amount. StadCo shall deposit into the Construction Funds Trust for allocation to the Project Account established for deposit of the StadCo Contribution Amount (the “StadCo Contribution Trust Account”) proceeds of the StadCo Source of Funds in such amounts and at such times as may be required to timely pay Project Costs and satisfy the terms of this Agreement. In addition, for the avoidance of doubt, StadCo shall also deposit into the Authority Contribution Trust Account the TTC Face Value Deposits in accordance with Section 3.4 above (reduced, if applicable, by the amount of the TTC Shortfall and/or the Last TTC Shortfall as provided in Section 3.9(d)(ii) and Section 3.9(d)(iv) below, as applicable), and shall also deposit into the Authority Contribution Trust Account funds for the payment of Project Costs on account of the TTC Shortfall and/or the Last TTC Shortfall, if applicable, as provided in Section 3.9(d)(ii) and Section 3.9(d)(iv) below. The TTC Face Value Deposits and funds for the payment of the TTC Shortfall and/or Last TTC Shortfall shall not be deemed to be included as part the StadCo Contribution Amount, and instead shall be deemed to be included as part of the Authority Contribution Amount. All such deposits shall be made by wire transfer of federal funds.

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