Additional Capital Commitment definition

Additional Capital Commitment has the meaning specified in Section 3.2 hereof.
Additional Capital Commitment has the meaning set forth in Section 3.4.2. “Affiliate” means, with respect to any Person, any other Person that directly or indirectly Controls, is Controlled by, or is under common Control with, such Person.
Additional Capital Commitment means Capital Contributions to the capital of the Company in excess of Initial Capital Contributions.

Examples of Additional Capital Commitment in a sentence

  • Each of Icahn and Macklowe shall cause each of Icahn Company and Macklowe Company, respectively, to make an Additional Capital Contribution to the Partnership on the date, in the amount and otherwise in accordance with the terms prescribed by a Capital Contribution Request Letter, provided that such Additional Capital Contribution does not cause such General Partner to make an Additional Capital Contribution beyond its Additional Capital Commitment pursuant to the last in time Commitment Letter.

  • Also, each of Icahn and Macklowe shall be entitled, from time to time, to make an Additional Capital Contribution to the Partnership (the "Contribution Right"), provided the aggregate of all Additional Capital Contributions contributed by such General Partner to the Partnership from the date of the last in time Commitment Letter does not exceed the Additional Capital Commitment of such General Partner set forth in such Commitment Letter.

  • Effective upon the execution of this Agreement, Nuleaf and Medifarm III each shall agree to contribute 50% the Additional Capital Commitment to the Company, in the amount of $430,000 each, on or before November 30, 3017.

  • Also, each of Icahn and Macklowe shall be entitled, from time to time, to make an Additional Capital Contribution to the Partnership (the “Contribution Right”), provided the aggregate of all Additional Capital Contributions contributed by such General Partner to the Partnership from the date of the last in time Commitment Letter does not exceed the Additional Capital Commitment of such General Partner set forth in such Commitment Letter.

  • None of the Directors and/or major shareholders of AMPROP and/or persons connected to them have any interest, direct or indirect, in the Additional Capital Commitment.

  • Premised on the above and taking into consideration that the Joint Venture still has a balance Acquisition Period of up to 12 July 2018 (unless mutually extended for a further one year as provided in the JVA), the JV Parties have agreed to the Additional Capital Commitment with a view of acquiring additional new projects within the investment criteria set out in the JVA.

  • In addition to the Plan Sponsors, only Holders of Secured Notes Claims, Unsecured Notes Claims, and Banco Bilbao Credit Agreement Claims that qualify as Accredited Investors may participate in the Equity Rights Offering and the Additional Capital Commitment Rights Offering.

  • Upon each Subsequent Closing, a Subscriber making an Additional Capital Commitment shall execute a Deed of Adherence in accordance with the draft attached as Annex 2, and a Shareholder making an Additional Capital Commitment shall execute a Deed of Amendment in accordance with the draft attached as Annex 3.

  • The Additional Capital Commitment shall be spent on Permissible Capital Commitment Expenditure projects that have commenced or that have been approved (and for which expenditures have been earmarked) within five (5) years following the Closing, absent Exigent Circumstances, but need not be fully expended in that period if some Permissible Capital Commitment Expenditure projects take longer to complete.

  • Any Holder of Unsecured Notes Claims that is not a Plan Sponsor and that has not timely completed and submitted its Accredited Investor Questionnaire shall not be deemed an Eligible Holder and shall not be entitled to participate in the Equity Rights Offering or the Additional Capital Commitment Rights Offering as a Holder of Unsecured Notes Claims (with such Pro Rata share to be calculated with respect to all Allowed Unsecured Notes Claims and all Allowed Banco Bilbao Credit Agreement Claims together).


More Definitions of Additional Capital Commitment

Additional Capital Commitment means that certain right pursuant to which Eligible Holders may elect to commit to purchase the Additional Capital Commitment Units, in each case, pursuant to the terms of the UPA.
Additional Capital Commitment means the agreement and commitment pursuant to which Eligible Holders have elected to commit to purchase the Additional Capital Commitment Units, in each case, pursuant to and subject to the terms and conditions hereof.
Additional Capital Commitment means the cumulative amount of funds provided to the Company Business Unit by Buyer in excess of the Initial Capital Commitment during the Earn-out Period for working capital purposes, capital expenditures or other capital requirement needs. Notwithstanding any provision in this Agreement to the contrary, any such determination to provide Additional Capital Commitments shall be at Buyer’s reasonable discretion based on its good faith determination of the reasonable capital requirements of the Company Business Unit, but shall not in any way create an obligation or an expectation that such payments of capital will be made to the Company Business Unit. Buyer shall have sole discretion to allocate any amounts of Buyer corporate overhead to the Company Business Unit as appropriate; provided, no deduction of such corporate overhead amount shall be reflected in the Company EBITDA Calculation unless Stockholders’ Representative has agreed to receive Buyer services related to such corporate overhead; provided, further, if Stockholders’ Representative does not agree to reflect corporate overhead in the Company EBITDA Calculation, the Company Business Unit shall not be entitled to receive the Buyer services related to such excluded corporate overhead.
Additional Capital Commitment the commitment from one or more Persons reasonably acceptable to the Administrative Agent to provide cash equity capital to Holdings of at least $30,000,000 (before payment of transaction fees) in form and substance, including with respect to any conditions thereto, reasonably acceptable to the Administrative Agent.
Additional Capital Commitment means, as of any date of determination, with respect to each Direct Shareholder, an amount equal to the Total Capital Commitment of such Direct Shareholder minus the amount of the Base Equity Contribution and any Additional Capital Contributions previously funded by such Direct Shareholder on or prior to such date.

Related to Additional Capital Commitment