Contingent Equity Contribution definition

Contingent Equity Contribution as defined in the Southern Equity Contribution Agreement.
Contingent Equity Contribution has the meaning assigned to such term in the Equity Contribution Agreement.
Contingent Equity Contribution has the meaning given in Section 2.02(a).

Examples of Contingent Equity Contribution in a sentence

  • The Borrower shall deliver to the Parent (with a copy thereof delivered to each Agent) an Equity Contribution Request at any time a Contingent Equity Contribution is required to be made in accordance with clause (A) of the second sentence of Section 2.01(a)(iii).

  • Subject to the terms and conditions hereof, the Parent hereby agrees to make equity contributions to the Borrower (each such contribution, a “Contingent Equity Contribution”) from time to time until the Support Termination Date in an aggregate amount up to but not exceeding the Contingent Equity Contribution Amount.

  • In addition, Phillips 66 Partners and its co-venturers in Dakota Access provided a Contingent Equity Contribution Undertaking (CECU) in conjunction with the notes offering.

  • If --------------- a Debt Service Reserve Deficiency arises and is not cured by the end of the immediately following Calculation Period, then the Company shall make a call pursuant to the Contingent Equity Contribution Agreement to the extent of such Debt Service Reserve Deficiency.

  • In addition, Phillips 66 Partners LP (Phillips 66 Partners) and its co-venturers in Dakota Access provided a Contingent Equity Contribution Undertaking (CECU) in conjunction with the notes offering.

  • Guarantor hereby acknowledges receiving copies of the ------- Contingent Equity Contribution Agreement, the Credit Agreement and the other Credit Documents, and consents to the terms and provisions of each thereof.

  • On each Construction Contribution Date, the Parent shall make a Contingent Equity Contribution in an amount equal to the Construction Contribution Funding Amount required to be made on such Construction Contribution Date, which shall be paid to the Collateral Agent pursuant to Section 2.01(c) for deposit into the Construction Account and application in accordance with the Collateral Agency Agreement.

  • The Sponsor shall make such Equity Contribution by making a direct payment of the Contingent Equity Contribution Amount in immediately available funds to the Administrative Agent, it being understood and agreed that such payment shall be deemed to be a capital contribution by the Sponsor to the Borrower and that the proceeds thereof shall be applied as set forth in the Deposit Account Agreement.

  • In addition, as used in this Agreement, the following terms shall have the meanings specified below: “Accelerated Contribution Amount” shall mean, at any date, the Maximum Available Contingent Equity Contribution Amount at such date.

  • The due and punctual payment, performance and observance of the obligations of the Parent under the LLC Agreement, including, without limitation, the obligations to contribute the Construction Equity Contribution Amount and the Contingent Equity Contribution Amount.


More Definitions of Contingent Equity Contribution

Contingent Equity Contribution shall have the meaning ascribed thereto in Section 2.01(a)(iii). “Contingent Equity Contribution Amount” shall mean $44,216,235. “Contingent Equity LC” shall mean an Acceptable Letter of Credit issued by an Acceptable Issuing Bank in favor of the Collateral Agent (for the benefit of the Secured Parties), substantially in the form Exhibit B hereof or in such other form as may be reasonably acceptable to the Administrative Agent. “Credit Agreement” shall have the meaning ascribed thereto in the recitals. “Equity Contribution Request” shall mean a written request in the form attached as Exhibit A hereto. “Funding Amount” shall mean (i) on any Construction Contribution Date, the Construction Contribution Funding Amount to be funded on such date and (ii) on the Accelerated Contribution Date, the Accelerated Contribution Amount on such date, as the case may be. Equity Contribution Agreement
Contingent Equity Contribution means an Equity Contribution made or required to be made pursuant to Clause 3.2 (Funding Shortfall) or (to the extent payable in respect of the Unutilised Contingent Equity Commitment) Clause 4.1 (Right to accelerate).

Related to Contingent Equity Contribution

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Equity Contribution has the meaning assigned to such term in the Recitals to this Agreement.

  • Specified Equity Contribution means any cash contribution to the common equity of Holdings and/or any purchase or investment in an Equity Interest of Holdings other than Disqualified Equity Interests.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.

  • Next Equity Financing means the next sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale (or series of related sales)).

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Net Equity Proceeds means, with respect to each issuance or sale of any equity by any Person or any capital contribution to such Person, the cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) received by such Person from the respective sale or issuance of its equity or from the respective capital contribution.

  • Dividend Reinvestment Acquisition means an acquisition of Voting Shares pursuant to a Dividend Reinvestment Plan;

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Qualified Equity Financing means the first sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale or series of related sales).

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Contingent Consideration has the meaning set forth in Section 1.6.

  • Contingent Payment shall have the meaning set forth in Section 2.2(a).

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Closing Date Indebtedness means the aggregate amount of Indebtedness of the Company as of immediately prior to the Closing.

  • Payments in lieu of contributions means the money payments to

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) of any other Person.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as reasonably determined by the Borrower, but excluding any Cure Amount and any Contribution Indebtedness Amount) received (or deemed to be received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Deferred Amount With respect to any Distribution Date and each Class of the Subordinate Certificates, the amount by which (x) the aggregate of Applied Loss Amounts previously applied in reduction of the Class Principal Amount thereof exceeds (y) the sum of (1) the aggregate of amounts previously reimbursed in respect thereof and (2) the amount by which the Class Principal Amount of such Class has been increased due to any Subsequent Recovery.

  • Qualified Acquisition means any acquisition by the Borrower or any Subsidiary of (i) all or substantially all of the assets of a Person or line of business of such Person, or (ii) at least a majority of the Equity Interests of a Person, in each case, where the aggregate consideration (in whatever form) payable by the Borrower and its Subsidiaries is greater than $1,000,000,000.

  • Permitted Acquisition Indebtedness means Indebtedness (including Disqualified Stock) of the Company or any of the Restricted Subsidiaries to the extent such Indebtedness was Indebtedness:

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.