Examples of Additional Equity Contribution in a sentence
Net Revenue shall be used to return Developer Equity in the following order: first, to return the Additional Equity Contribution; second, to return the Base Equity Contribution; and third, to return Developer Equity that was not entitled to an Applicable Preferred Return.
Notwithstanding the provisions of Section 4.5(B)(3) and (4) to the contrary, Developer shall apply net proceeds from permanent financing and/or any refinancing of Project debt required by this Section 4.6 first to pay down outstanding Developer Equity (for the initial re-financing to $10,000,000 or, at Developer’s discretion, or less) (first applied to Additional Equity Contribution then to Base Equity Contribution) and then to pay Developer a return of accrued but unpaid Applicable Preferred Return.
It is possible that, if customers respond to the filters in this way, the impacts will be spread across the city, so that no single district centre is impacted - where customers are lost to other district centres, there may also be a gain of customers from the local area who previously travelled elsewhere.
Adds a shadow that falls behind the contents on the layer.• Inner Shadow.
The additionalequity contributions, combined with previously received equity contributions, surpassed a defined Additional Equity Contribution threshold within the ARU Second Lien Term Loans credit agreement, which resulted in the interest rate decreasing to 9.5% plus the greater of 1.5% or the 3-month London Interbank Offered Rate (LIBOR).