Equity Contribution Account definition

Equity Contribution Account shall have the meaning set forth in the Collateral Agency Agreement.
Equity Contribution Account has the meaning set forth in Section 5.24.
Equity Contribution Account means with respect to the Class A Units held by each Class A Member only and at any time, the aggregate amount contributed by such Class A Member to the capital of the Company pursuant to Section 3.01 with respect to such Member’s Class A Units at or before such time, reduced by any Cash Flow distributed to such Member pursuant to Section 5.01(b) before such time to the extent attributable to such Member’s Class A Units.

Examples of Equity Contribution Account in a sentence

  • Upon receipt of such notice, such Direct Shareholder shall promptly [*] following receipt of such notice make a Cash Contribution to the Borrower (including through any Permitted Subordinated Loan as described in Section 2.04(d) (Method of Contribution)) for application to such obligations, and/or if applicable, deposit in the Equity Contribution Account in the amount of such insufficiency to be applied in accordance with the terms hereof and the Accounts Agreement.


More Definitions of Equity Contribution Account

Equity Contribution Account has the meaning given to such term in the Accounts Agreement.
Equity Contribution Account has the meaning set forth in the Depositary Agreement.
Equity Contribution Account means account number H10-740-047169 of the Borrower held with the Depositary Bank or such other financial institution as the Borrower may from time to time select. “Equity Interests” means, with respect to any Person, all of the shares, interests, rights, participations or other equivalents (however designated) of capital stock of (or other ownership or profit interests or units in) such Person and all of the warrants, options or other rights for the purchase, acquisition or exchange from such Person of any of the foregoing (including through convertible securities). “Equity Overfunding Event” occurs when (a) the sum of (i) the balance of cash and Cash Equivalents credited to the Equity Commitment Account and (ii) all Available Draw Amounts in 166 KE 73718588.20 US-DOCS\142539518.2141222994.8 respect of all Equity Commitment L/Cs exceeds the Minimum Equity Contribution Amount and (b) such cash and Cash Equivalents in excess of the Minimum Equity Contribution Amount does not constitute Acceptable Credit Support. “Equity Sale” means a Disposition of the Equity Interests owned by the Borrower in the Double E Joint Venture. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time. “ERISA Affiliate” means (a) any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code, or solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code or (b) any entity (whether or not incorporated) that is under common control within the meaning of Section 4001(a)(14) of ERISA with the Borrower. “ERISA Event” means (a) a Reportable Event; (b) a withdrawal by the Borrower or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan; (d) the filing by the PBGC of a notice of intent to terminate any Pension Plan, the treatment of a Pension Plan or Multiemployer Plan amendment as a termination under Section 4041 or Section 4041A of ERISA, respectively, or the commencement of proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan; (e) an event or co...
Equity Contribution Account means account number [***] of the Borrower held with the Depositary Bank or such other financial institution as the Borrower may from time to time select.
Equity Contribution Account means the Collateral Account so named in the Undertaking and Security Agreement.

Related to Equity Contribution Account