Examples of Equity Distributions in a sentence
Return on Equity: Distributions to owners are limited to a specified percent of owner's equity, the amount of equity being determined by PHFA at the final loan closing based on the Agency approved cost certification.
MTP-South Tower covenants and agrees that until the Loan and all other obligations of MTP-South Tower to Aetna under the Amended Loan Documents have been paid in full, MTP-South Tower shall not make any Equity Distributions.
The Issuers shall, and shall cause the Guarantors to, deposit all Equity Distributions into the Accounts in accordance with the terms hereof.
As with many older inner-city neighborhoods which are well located and where there is inherent value, Mid-City has an opportunity to redevelop in a way that protects the eclectic of uses in the neighborhood, but also takes advantage of current and future market conditions to refocus redevelopment around a variety of land uses that enhance the character of the neighborhood.
The Issuers shall, and shall cause their Subsidiaries to, hold the Equity Distributions in precisely the form received by them in trust for and on behalf of the Secured Parties, and without any notice or demand whatsoever, shall promptly deliver the same to the Depositary Agent for application in accordance with the terms of this Agreement.