Examples of Equity Contributors in a sentence
Each of the Equity Contributors shall not, and shall cause each of its Affiliates not to, issue any press release concerning the terms of the Loan Documents without DOE’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.
The Parties acknowledge that Equity Contributions may be funded through equity funding to intermediate holding companies between the Borrower and the Equity Contributors and any funding through such an intermediary shall constitute Equity Contributions of the applicable Equity Contributor, so long as the funds representing such Equity Contributions are deposited into the applicable Project Account.
Any excess funds returned to the Equity Contributors from the Equity Funding Account shall be returned in the proportions directed by the Equity Contributors.
Equity Funding Agreement dated as of April 5, 2011, by and among the Equity Contributor, the other Equity Contributors party thereto, the Borrower, DOE as a Credit Party, the Guarantor and the initial Loan Servicer and the Collateral Agent (as at any time amended or otherwise modified, the “Equity Funding Agreement”) Ladies and Gentlemen: All capitalized terms used herein and not otherwise defined shall have their respective meanings set forth in the Equity Funding Agreement.
Neither such Equity Contributor, the Contributed Entities in which such Equity Contributor owns an equity interest, nor any of their respective Affiliates has employed any broker, finder or other person or incurred any liability on behalf of the Equity Contributors for any advisory, brokerage, finder, success, deal completion or similar fees or commissions in connection with the transactions contemplated by this Agreement.
At the Closing, the Asset Contributors, the Equity Contributors or the Contributors’ Representatives, as applicable, shall have delivered or caused to be delivered to the MLP, the GP, Intermediate GP, Intermediate Holdings or Holdings, and the MLP, the GP, Intermediate GP, Intermediate Holdings or Holdings shall have delivered or caused to be delivered to the Asset Contributors, the Equity Contributors or the Contributors’ Representatives, as applicable, the Transaction Documents.
As of the date hereof, the Equity Guarantor directly or indirectly owns 100% of the equity interests in each of the Equity Contributors.
The Equity Guarantor waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Equity Contributors or the Equity Guarantor with respect to the Obligations.
After all amounts owing to the Security Agent and the Secured Parties on account of the Obligations and the Secured Obligations are paid in full, the Equity Guarantor shall be subrogated to the rights of the Security Agent and the Secured Parties against the Equity Contributors.
The financial institution had proposed that the Proposal be undertaken by way of a Two-Tiered Syndicated Musharakah financing with local and foreign institutions for both the Musharakah Equity Contributors and the Musharakah Financiers amounting to RM0.568 billion and RM1.324 billion, respectively.