Equity Contribution Proceeds definition
Examples of Equity Contribution Proceeds in a sentence
Until Borrower's Obligations are paid in full, Borrower shall pay to Lenders all insurance proceeds to the extent required by subsection 6.6.2 and all Equity Contribution Proceeds concurrently with the receipt by Borrower of such Equity Contribution Proceeds.
At all times the Borrower shall not permit its Tangible Net Worth to be less than the sum of (a) $55,000,000 plus (b) 50% of any Equity Contribution Proceeds received after the Effective Date.
The Lenders agree that, in relation only to Subsidiaries acquired with Investment Equity Contribution Proceeds, subject to delivery by the Borrower of the Responsible Officer’s certificate referred to Section 7.03(h)(vi) dated as of the date hereof, the requirement that such Responsible Officer’s certificate shall be delivered at least five Business Days prior to the ZoneCare Acquisitions shall be waived.
At all times the Company shall not permit its Tangible Net Worth to be less than the sum of (a) $60,000,000 plus (b) 50% of any Equity Contribution Proceeds received after December 31, 2002.