Equity Contribution definition
Examples of Equity Contribution in a sentence
Administrative Agent shall have received a fully executed Sponsor Equity Contribution and Guaranty Agreement.
Make (and shall cause Sponsor to make) the Minimum Equity Contributions on or prior to April 30, 2026, which Minimum Equity Contribution shall either be applied directly towards Progress Payments or deposited in the Equity Borrower Account for the making of Progress Payments.
Borrower shall cause Sponsor to deposit all Equity Contributions required to be made under Sponsor Equity Contribution and Guaranty Agreement to the Equity Borrower Account or, if applicable, towards Progress Payments in accordance with the Equipment Supply Agreement.
Other than with respect to the initial Borrowing in connection with the payment of fees pursuant to the Fee Letter, Administrative Agent shall have received reasonably satisfactory evidence that the Minimum Equity Contribution has been made.