Cash Equity Contributions definition
Cash Equity Contributions means (a) the contribution to Parent of not less than $98,800,000 in cash in the form of equity (it being understood that (i) any contribution to Parent by RCBA of shares of common equity of CB ▇▇▇▇▇▇▇ ▇▇▇▇▇ Services in excess of 2,345,900 shares will be considered a cash contribution by RCBA in an amount equal to $16.00 multiplied by the number of shares constituting such excess and a contribution of such amount from Parent to the Company and (ii) the transfer by designated managers of an aggregate of up to $2.6 million of deferred compensation plan account balances (currently reflected as cash surrender value of insurance policies, deferred compensation plan in the financial statements of the Company) to stock fund units shall be deemed to be a cash contribution to Parent of the amount of such transfer and a contribution of such amount from Parent to the Company to the extent (x) accounted for as equity of the Company and (y) such transfer of an account balance results in a transfer to the Company of cash from the trust relating to such deferred compensation plan) and (b) the contribution by Parent of the amount so received, together with the net proceeds from its sale of the Parent Senior Notes, to the Company as equity in exchange for Capital Stock (other than Disqualified Stock) of the Company.
Cash Equity Contributions means (a) the contribution to the Company of not less than $98,800,000 in cash in the form of equity (it being understood that (i) any contribution to the Company by RCBA of shares of common equity of CB Richard in excess of 2,345,900 shares will be considered a ▇▇▇▇ ▇▇▇▇▇ibution by RCBA in an amount equal to $16.00 multiplied by the number of shares constituting such excess and a contribution of such amount from the Company to CB Richard and (ii) the transfer by designated managers of an ▇▇▇▇▇▇▇▇▇ of up to $2.6 million of deferred compensation plan account balances (currently reflected as cash surrender value of insurance policies, deferred compensation plan in the financial statements of CB Richard) to stock fund units shall be deemed to be a cash c▇▇▇▇▇▇▇▇▇▇n to the Company of the amount of such transfer and a contribution of such amount from the Company to CB Richard to the extent (x) accounted for as equity of the Co▇▇▇▇▇ ▇▇▇ (y) such transfer of an account balance results in a transfer to CB Richard of cash from the trust relating to such deferred co▇▇▇▇▇▇▇▇▇▇ plan) and (b) the contribution by the Company of the amount so received, together with the net proceeds from its sale of the Notes, to CB Richard as equity in exchange for Capital Stock (other than ▇▇▇▇▇▇▇▇▇ied Stock) of CB Richard.
Cash Equity Contributions means the cash equity contributions required to be made by the Sponsors to the Company pursuant to the Equity Contribution Agreements, including any such amounts on deposit in a cash collateral account or the Equity Proceeds Account.
Examples of Cash Equity Contributions in a sentence
Cash Equity Contributions to the Company in an amount equal to the Cash Equity Contribution Amount shall have been made in full in cash to the Equity Proceeds Account.
The Administrative Agent shall be satisfied that the Cash Equity Contributions, together with amounts available under the other Construction Funding Facilities, shall be sufficient to pay all Project Costs set forth in the Project Budget.
Obligors shall make the Cash Equity Contributions required by this Section not later than five Business Days following the earlier of the date on which Borrower delivers the quarterly or annual financial statements of Borrower and its Subsidiaries to Administrative Agent pursuant to Section 8.1 of the Loan Agreement or the date such statements are required to be delivered pursuant to said Section 8.1.
Demand that Borrower make, or cause to be made, Cash Equity Contributions in an amount equal to the then current Available Equity Commitment in accordance with Section 3.15.2(b); provided that in the event of an Event of Default occurring under Section 7.1.4, Borrower shall be required to immediately make, or cause to be made, Cash Equity Contributions in an amount equal to the then current Available Equity Commitment without further act of Administrative Agent, any Bank or any Lender Group.
Not make any change to the Construction Plans or Construction Budget which (a) would increase the Construction Budget to more than $300,000,000 unless the excess amount is funded in its entirety by Cash Equity Contributions made subsequent to the Closing Date or (b) would increase the Construction Budget in any event to more than $320,000,000.
More Definitions of Cash Equity Contributions
Cash Equity Contributions means contributions made by one or both of the Members to the equity capital of Borrower that (a) are made in the form of Cash or Cash Equivalents, (b) do not bear any specified or determinable dividend rate (other than dividends payable in kind) and (c) are not redeemable prior to the date that is one year after the Term Maturity Date.
Cash Equity Contributions means cash equity contributions made by the Borrower's shareholders to the Borrower, exclusive of Permitted Capital Contributions.
Cash Equity Contributions means the contribution by investors reasonably satisfactory to the Arranger of an aggregate amount of not less than $55,000,000 in cash to Holdings as common equity or Closing Date ▇▇▇▇▇ Equity, and the contributions of all such cash by Holdings to Polo Holdings and by Polo Holdings to DRS Acquisition Corp., in each case as common equity. A “Change in Control” shall be deemed to have occurred if (a) prior to a Qualified Public Offering, (i) the Permitted Cloobeck Investors shall fail to own, directly or indirectly, beneficially and of record, units representing at least 51% of the aggregate ordinary voting power and at least 10% of the aggregate economic value represented by the issued and outstanding Equity Interests of Holdings or (ii) the Permitted ▇▇▇▇▇ Investors shall fail to own, directly or indirectly, beneficially and of record, units of Closing Date ▇▇▇▇▇ Preferred Equity representing at least 51% of the aggregate economic value represented by the units of Closing Date ▇▇▇▇▇ Preferred Equity owned by the Permitted ▇▇▇▇▇ Investors on the Closing Date, (b) after a Qualified Public Offering, any “person” or “group” (within the meaning of Rule 13d-5 of the Securities Exchange Act of 1934 as in effect on the date hereof), other than the Permitted Cloobeck Investors or the Permitted ▇▇▇▇▇ Investors, shall own, directly or indirectly, beneficially or of record, units representing either (i) more than 25% or (ii) a higher percentage than the Permitted Cloobeck Investors, in each case of the aggregate ordinary voting power represented by the issued and outstanding capital stock of Holdings, (c) a majority of the seats (other than vacant seats) on the board of directors of Holdings shall at any time be occupied by persons who were neither (i) nominated by the board of directors of Holdings nor (ii) appointed by directors so nominated, (d) any change in control (or similar event, however denominated) with respect to Holdings, Polo Holdings, the Borrower or any Subsidiary shall occur under and as defined in any indenture or agreement in respect of Material Indebtedness to which Holdings, Polo Holdings, the Borrower or any other Subsidiary is a party, (e) Polo Holdings shall cease to directly own, beneficially and of record, 100% of the issued and outstanding Equity Interests of the Borrower or (f) Holdings shall cease to directly own, beneficially and of record, 100% of the issued and outstanding Equity Interests of Polo Holdings.
Cash Equity Contributions means contributions made by Parent to the equity capital of Borrower that (a) are made in the form of Cash or Cash Equivalents, (b) do not bear any specified or determinable dividend rate and (c) are not redeemable prior to the date that is one year after the Maturity Date.
Cash Equity Contributions has the meaning assigned to that term in subsection 4.
Cash Equity Contributions means the cash equity contributions required to be made by the Sponsor and/or the Shareholder to or on behalf of the Company in an aggregate amount of not less than $193,000,000.
Cash Equity Contributions means cash contributions by the Sponsors to the Borrower in exchange for preferred interests of Holdings.