Equity Deposit definition

Equity Deposit means any amount required from time to time after the date hereof to be deposited in cash with Lender to pay the costs of the Project which are (i) not paid out of the proceeds of the Loan, (ii) necessary to pay for Change Orders, (iii) [intentionally omitted] or (iv) any equity payments required to be made by Borrower under Section 3.11 in order to prevent the Loan from being Out of Balance.
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Equity Deposit shall have the meaning provided in Section 2.2(d).
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Equity Deposit has the meaning ascribed to such term in the Master Loan Agreement.
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Examples of Equity Deposit in a sentence

  • The Fiscal Agent shall deposit the Borrower Equity Deposit into the Borrower Equity Account of the Project Loan Fund, as well as any additional amounts delivered from time to time to the Fiscal Agent and directed by the Borrower or Servicer to be deposited therein (excluding any proceeds of the Governmental Note), as provided in Section 2.11(c) hereof.

  • The Fiscal Agent shall deposit $0.00 of the Borrower Equity Deposit into the Borrower Equity Account of the Project Loan Fund, as well as any additional amounts delivered from time to time to the Fiscal Agent and directed by the Borrower or Servicer to be deposited therein (excluding any proceeds of the Governmental Notes), as provided in Section 2.12(c) hereof.

  • The Equity Deposit had already been paid and shall form part of the 20% of Equity Consideration A which the Purchasers shall pay into the Equity Escrow Account within five working days after the signing of the Equity Transfer Agreement.

  • The above obligation shall be the sole liability of the Company as regards such design work except in respect of death or personal injury caused by negligence (as defined above) , and all representations, warranties, conditions, terms and statements as regards the same express or implied statutory or otherwise are excluded, and the Company is under no further liability in contract, tort or otherwise in respect thereof.

  • Even after marriage, women retain practical responsibilities for their patrilineal kin-group including mediating on inheritance issues despite being unable to inherit themselves (Portier & Slaats, 1987).

  • In addition, the Vendor shall return all monies paid by the Purchasers, including without limitation the Equity Deposit and the Loan Deposit together with interest accrued thereon, within five working days after the expiry of the Equity Exclusivity Period.

  • Note, the examples do not include any opportunity cost for having to make the 6% Equity Deposit for the JAK loan.The first obvious comparison, which most people make, is simply for a loan of the same size.

  • Approval ConditionThe EFA and the Equity Transfer Agreement(s) shall be terminated and the Vendor shall pay 200% of both the Equity Deposit and the Loan Deposit (the “ Prescribed Compensation”) to the Purchasers together with other monies paid by the Purchasers within five working days after the termination of the EFA and the Equity Transfer Agreement(s).

  • For example, if the Vendor defaults in payment of monies payable by it under the EFA, such as returning the Equity Deposit and/or the Loan Deposit to the Purchasers, the Vendor is obliged to pay an additional amount equivalent to 0.03% of the amount it is otherwise obliged to pay for each day during the continuance of the default.

  • The Fiscal Agent shall deposit the Borrower Equity Deposit, if any, into the Borrower Equity Account of the Project Loan Fund, as well as any additional amounts delivered from time to time to the Fiscal Agent and directed by the Borrower or Servicer to be deposited therein (excluding any proceeds of the Governmental Note), as provided in Section 2.11(c) hereof.


More Definitions of Equity Deposit

Equity Deposit means a pledge agreement in form and substance reasonably satisfactory to the Owner Participant of U.S. Government Obligations, which provide for payments in amounts equal to the Equity Portion of Basic Rent and, in the event the Purchase Option is exercised, the installments of Purchase Option Price (with such payments being payable on or prior to the applicable due dates therefore under the Lease).
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Equity Deposit means the deposit in the amount of RMB167,000,000 paid by the Purchasers into the Equity Escrow Account pursuant to the EFA;
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Related to Equity Deposit

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.