Examples of Additional Equity Contributions in a sentence
If necessary to cover the deficits of the Company, each Member will contribute additional capital pro rata in accordance with their respective Percentage Interests, with such capital calls subject to the aggregate maximum (including the initial Capital Contributions described in Section 3.1) of One Hundred Million Dollars ($100,000,000) (each, a "Mandatory Additional Cash Contribution"; and, together with the Mandatory Additional Equity Contributions, the "Mandatory Additional Capital Contributions").
Promptly after the date of such acquisitions, both VSI and PEGI will contribute to the Company their equity interests (or those interests belonging to PEGI Affiliates or VSI Affiliates) in PTVLA and the German Venture at book value (the "Mandatory Additional Equity Contributions"); provided, however, that VSI will, until the effective date of the merger of PTVLA into Playboy TV-Latin America/Iberia, LLC, a Delaware limited liability company ("PTVLA/I"), retain a 1% membership interest in PTVLA.
In the event Borrower or Contributor invests more than the Minimum Equity Investment (excluding Additional Equity Contributions required hereunder), the Loan amount shall be permanently reduced by such invested amount, unless the Borrower delivers to the Lender a written request for a refund of such invested amount within thirty (30) days of such excess investment, but in no event shall such a request be required sooner than thirty (30) days after the Closing Date.
Notwithstanding the foregoing, if no Default or Event of Default has occurred and is continuing or would result therefrom, the Supporting Letters of Credit may be reduced or terminated in a maximum amount not to exceed the lesser of (i) the aggregate amount of all Additional Equity Contributions not otherwise utilized for a reduction to the Specified Supplier Letter of Credit and (ii) $10,000,000.
If the General Partner determines that the Partnership has excess capital, each Partner who made an Additional Equity Contribution shall be entitled to the return of the portion of its Additional Equity Contribution necessary for the Partnership to comply with its deemed debt-to-equity capital structure, in proportion to the percentage of the aggregate amount of Additional Equity Contributions made by such Partner.
Promptly after the date of such acquisitions, both VSI and PEGI will contribute to the Company their equity interests (or those interests belonging to PEGI Affiliates or VSI Affiliates) in *** at book value (the "Mandatory Additional Equity Contributions"); provided, however, that VSI will, *** As of the effective date of such merger, VSI will contribute such *** to the Company.
The Obligors shall procure that all Additional Equity Contributions (save for any Additional Equity Contributions that comprise any of the Liquidity Amount) are paid into the Capital Contributions Account.
Each of the Funding Parties will cooperate with and reasonably assist the Company in connection with any refinancing of the Lessor Notes or in order to allow the Owner Lessor to issue Additional Lessor Notes, borrow Loans and/or accept Additional Equity Contributions to finance any Cost Overruns or any principal payments, so long as such refinancing or additional financing is in accordance with the terms of the Operative Documents.
Every attempt has been made to distribute redeployment requests across programs and adhere to our established principles; the need to balance availability, competency profile, and clinical demands across services.
On and from the earlier of (i) the First Repayment Date and (ii) Project Completion, the Borrower shall maintain a credit balance on the Debt Service Reserve Account of an amount at least equal to the DSRA Minimum Balance by making Additional Equity Contributions or transfers from the Proceeds Account to the Debt Service Reserve Account, provided that the Facility may not be used to fund the Debt Service Reserve Account.