Additional Equity Contribution definition

Additional Equity Contribution means the amount, by which the sum of the Purchaser Transaction Expenses plus the Bank Fee Amount, exceeds $25 million, if any.
Additional Equity Contribution means an amount equal to the amount of cash that is (a) received by the MLP Entity from a source other than the Borrower or any Subsidiary thereof and (b) contributed by the MLP Entity to the Borrower in exchange for the issuance by the Borrower of additional Equity Interests in the Borrower (or otherwise as an equity contribution), in each case after the Closing Date; provided, that (i) the Borrower shall deliver written notice to the Administrative Agent concurrently with the receipt of such cash, which such notice shall (1) state that the Borrower has elected to treat such equity contribution as an Additional Equity Contribution and (2) clearly set forth the amount of such Additional Equity Contribution; (ii) any Equity Interests issued by the Borrower to the MLP Entity in connection with an Additional Equity Contribution shall be pledged to the Collateral Agent in accordance with the Collateral and Guarantee Requirement and (iii) any Additional Equity Contributions shall be disregarded for the purpose of determining compliance with the Financial Performance Covenants and for all other purposes for which EBITDA is calculated under this Agreement.
Additional Equity Contribution as defined in the Investment Agreement.

Examples of Additional Equity Contribution in a sentence

  • If the Closing occurs (including the payment to Sellers of the Distribution Amount), all Purchaser Transaction Expenses and any costs, fees and expenses included in the Bank Fee Amount shall be paid by the Company (subject to Purchaser’s payment to Parent of an amount in cash equal to the Additional Equity Contribution pursuant to Section 2.1(g)).

  • An equity contribution in an amount equal to the Additional Equity Contribution (calculated after giving effect to all Loans requested to be made on such Borrowing Date) shall have been made.

  • If the amount paid to JF Investor as a dividend from the Company's CUFIN account exceeds the aggregate of (x) the Additional Equity Contribution if any, due to JF Investor pursuant to Section 10.3 plus (y) the cash amount payable to JF Investor pursuant to (a) or (b) above at the time of the closing of the sale of JF Investor's Corporate Part, on such date, JF Investor shall lend such excess to DR Investor.

  • Upon receipt of the proceeds of an equity contribution from Holdings, RIHC shall deposit the Additional Equity Contribution into the Liquidity Disbursement Account.

  • Such Additional Equity Contribution shall be made no later than forty-five (45) days after the date of the execution of the Valid Sale Contract containing the Upgrade.


More Definitions of Additional Equity Contribution

Additional Equity Contribution an equity contribution made by the Parent to the Borrower in an amount equal to (X) $165,000,000 less the Initial Equity Contribution times (Y) a fraction, the numerator of which shall equal the Additional Amount and the denominator of which shall equal $255,000,000.
Additional Equity Contribution means an amount equal to the amount of cash that is (a) received by the Parent from a source other than the Borrower or any Subsidiary thereof and (b) contributed by the Parent to the Borrower in exchange for the issuance by the Borrower of additional Equity Interests in the Borrower (or otherwise as an equity contribution), in each case after the Closing Date; provided that (i) the Borrower shall deliver written notice to the Administrative Agent concurrently with the receipt of such cash, which such notice shall (1) state that the Borrower has elected to treat such equity contribution as an Additional Equity Contribution and (2) specify the amount of such Additional Equity Contribution; (ii) any Equity Interests issued by the Borrower to the Parent in connection with an Additional Equity Contribution shall be pledged to the Collateral Agent in accordance with the Collateral Agreement; and (iii) any Additional Equity Contributions shall be disregarded for the purpose of determining compliance with the Interest Coverage Ratio.
Additional Equity Contribution means an equity contribution to be made by American Securities or one or more of its Affiliates to the Borrower in an amount not to exceed $10,000,000 for the purpose of prepaying the Loans if and to the extent that, based on the financial statements of the Borrower delivered to the Agent pursuant to Section 6.1 hereof for the fiscal year ending December 27, 2000, the Funded Debt/Adjusted EBITDA Ratio (calculated with Funded Debt being reduced by cash, if any, on the balance sheet up to $750,000) for the fiscal year ending December 27, 2000 is greater than 3.65 to 1.0.
Additional Equity Contribution means the aggregate amount of equity contributed to or realized by the Borrower as of the effective date of the Merger, in excess of that reflected in the pro forma balance sheet of the Borrower and its consolidated subsidiaries delivered to the Banks pursuant to
Additional Equity Contribution has the meaning specified in the recitals of this Agreement.
Additional Equity Contribution has the meaning specified in the Disbursement Agreement.
Additional Equity Contribution. Additional Equity Contribution" ------------------------------ shall mean any Equity Contribution other than an Initial Equity Contribution or a JV Equity Contribution.