Equity Commitment Letter definition

Equity Commitment Letter shall have the meaning set forth in Section 5.7(a).

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Equity Commitment Letter shall have the meaning set forth in Section 5.8(a).

Equity Commitment Letter has the meaning set forth in the Recitals.

Examples of Equity Commitment Letter in a sentence

• As of the Execution Date, there are no other contracts, side letters, other written agreements, arrangements, conditions precedent, contingencies or other provisions relating to the funding of the Transactions, to which Buyer or any of its Affiliates is a party, that would adversely affect the Equity Financing Source’s ability to perform its obligations under the Equity Commitment Letter, other than as expressly set forth in the Equity Commitment Letter.

• Except as expressly set forth in the Equity Commitment Letter, there are no, and no party to the Equity Commitment Letter has any right to impose, and Buyer has no obligation to accept, conditions precedent to the obligation of the Equity Financing Source to provide the Equity Financing or any contingencies that would permit the Equity Financing Source to reduce the total amount of Equity Financing.

• Subject to the terms and conditions set forth in the Equity Commitment Letter, as of the Closing Date, ▇▇▇▇▇ will have all of the funds necessary to pay the Upfront Consideration pursuant to Section 2.2(a) hereunder.

• Each Equity Commitment Letter provides, and will continue to provide, that the Company is an express third-party beneficiary of the Equity Commitment Letters and is entitled to enforce such Equity Commitment Letter, and that Parent and the Equity Investors have waived any defenses to the enforceability of such third-party beneficiary rights, in each case in accordance with its terms and subject to the conditions and limitations set forth therein and in Section 9.13 (Specific Performance).

More Definitions of Equity Commitment Letter

Equity Commitment Letter shall have the meaning assigned to it in Section 3.7(a).

Equity Commitment Letter means that equity commitment letter agreement, dated as of June , 1999 between Whitehall XI and the Company.

Equity Commitment Letter means the letter agreement, dated as of the date hereof, by and among Parent and the Investors, pursuant to which the Investors committed, subject to the terms and conditions set forth therein, to invest in Parent, directly or indirectly, the Equity Financing on the date on which the Closing should occur pursuant to Section 2.06, and which provides that the Company is a third-party beneficiary thereof in accordance with the terms set forth therein.

Equity Commitment Letter means that certain equity financing commitment letter, dated as of the date hereof, by and among Acquirors and the Equity Investors, pursuant to which the Equity Investors have committed, subject only to the financing conditions set forth therein, to invest or cause to be invested in the equity capital of Acquirors the amount set forth therein for the purposes of financing the transactions contemplated by this Agreement and the other Transaction Documents, including the payment of the Purchase Price.

Equity Commitment Letter means an equity commitment letter substantially in the form attached as Exhibit H hereto.

Equity Commitment Letter has the meaning set forth in the recitals to this Agreement.

Equity Commitment Letter means that certain letter agreement, dated as of August 9, 2015, by and among the Equity Investors, New EFH, OV2, EFH Corp., and EFIH, pursuant to which, among other things, each Equity Investor has committed, subject to the terms and conditions thereof, to make new money equity investments in one or both of New EFH and OV2 in the proportions and amounts set forth therein in order to fund a portion of the amounts payable by New EFH and OV2 pursuant to the Merger and Purchase Agreement and the Minority Buy-Out.