Equity Contribution Amount definition

Equity Contribution Amount means, as at any date of determination, (a) the aggregate amount of cash contributions made to the equity capital of the Borrowers during the period from and including the respective dates of organization of the Borrowers through and including such date of determination minus (b) the aggregate amount of distributions made in respect of the equity capital of the Borrowers during such period.

Equity Contribution Amount means, as at any date of determination, (a) the aggregate amount of cash contributions made to the equity capital of the Borrowers (on a combined basis) during the period from and including the Restatement Effective Date through and including such date of determination minus (b) the aggregate amount of distributions made in respect of the equity capital of the Borrowers during such period (other than pursuant to Section 8.09(e)) minus (c) the amount of cash contributions to the equity capital of the Borrowers (on a consolidated basis) to the extent such equity proceeds are designated as being included in the Available Amount.

Equity Contribution Amount as defined in Section 1.2 of the Southern Equity Contribution Agreement.

Examples of Equity Contribution Amount in a sentence

• The Borrower shall also submit with each prepayment notice for a partial prepayment evidence satisfactory to the Administrative Agent and the Independent Engineer that after giving effect to such partial prepayment, there remains sufficient funds available to the Borrower under this Agreement, the Construction Equity Contribution Amount and the Contingent Equity Contribution Amount to complete the Project.

• The balance of the Equity Contribution Amount shall be decreased by amounts released to the Company, for distribution to the Equity Investor, pursuant to clause seventh of Section 5.02.

• As stipulated in the August Consent, the proceeds associated with the contribution of funds related with the send out pressure will not constitute part of the Equity Contribution Amount.

• Subject to the terms and conditions hereof, and as a condition precedent to the Initial Extension of Credit Date, the Parent hereby agrees to make equity contributions to the Borrower (each such contribution, a “Base Equity Contribution”) from time to time in an aggregate amount up to but not exceeding the Base Equity Contribution Amount.

• 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.

More Definitions of Equity Contribution Amount

Equity Contribution Amount means an amount of Equity that the Project Sponsor shall be require to contribute to the Borrower and shall be not less than $23,708,548.

Equity Contribution Amount means, as at any date of determination, (a) the sum of (i) $21,401,000 plus (ii) the aggregate amount of cash contributions made to the equity capital of the Borrowers (on a combined basis) during the period from and including the First Restatement Effective Date through and including such date of determination minus (b) the aggregate amount of distributions made in respect of the equity capital of the Borrowers during such period (other than pursuant to Section 8.09(e)) minus (c) the amount of cash contributions to the equity capital of the Borrowers (on a consolidated basis) to the extent such equity proceeds are designated as being included in the Available Amount.

Equity Contribution Amount means $236,715,027.17.

Equity Contribution Amount has the meaning set forth in Section 2.01.

Equity Contribution Amount means then-current aggregate amount of Equity Contributions by the Equityholder to the Borrower and deposited into the Custodial Account.

Equity Contribution Amount. The funds required to be contributed by Seller to the Buyer pursuant to the Joint Venture Agreement, which constitutes five percent (5%) of the funds (exclusive of any financing obtained by the Buyer) necessary to consummate the transactions contemplated by this Agreement. For the avoidance of doubt, the Seller’s Equity Contribution Amount shall be calculated by (a) determining the total transaction costs associated with Closing the acquisition contemplated by this Agreement, (b) subtracting any financing obtained by the Buyer, and (c) multiplying the difference by five percent (5%). The Seller’s Equity Contribution Amount shall be mutually agreed upon by the parties no later than five (5) days prior to the Closing.

Equity Contribution Amount means $1,890,000,000.