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 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.

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.

  • The Borrower shall use the Initial Equity Contribution and the Additional Equity Contribution for working capital, liquidity and general corporate purposes.

  • Borrower will pay promptly, or cause to be paid promptly, all costs incurred in connection with constructing the Improvements as and when the same become due and payable, paying for the same with the Equity Contribution, the Additional Equity Contribution, the proceeds of the Loan advanced from time to time and Borrower's own funds as provided in this Agreement.

  • 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 as defined in the Investment Agreement.
Additional Equity Contribution. Additional Equity Contribution" ------------------------------ shall mean any Equity Contribution other than an Initial Equity Contribution or a JV Equity Contribution.
Additional Equity Contribution means any Equity Contribution made after Financial Close, including by way of a transfer from an Equity Contribution Account to the Proceeds Account Adjusted CFADS means (without double counting), on any Calculation Date, in respect of any period, A minus B, where:
Additional Equity Contribution means any amount required to be deposited by Borrower with Agent (and to be advanced to pay costs of the Project) in order to balance the Loan pursuant to Section 4.27.
Additional Equity Contribution has the same meaning as in the Investment Agreement.
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 cash subscription for equity share capital (not having creditor rights) in the Parent by Topco (which is to be made on or before the ▇▇▇▇▇▇ Completion Date directly or indirectly by the Equity Investors pursuant to the Investor Documents as described in the ▇▇▇▇▇▇ Structure Document) the proceeds of which are contributed by way of subscription for share capital through all the relevant intermediate holding companies to UK Newco 3 and thereafter to any of the Subsidiaries of UK Newco 3;