Equity Funding Amount definition

Equity Funding Amount means $1,131,514,356.37 (which does not include any Cash Equity Funding that has been funded to the Company prior to the Second Phase Closing Date), as reduced from time to time pursuant to Section 2(d) (Equity Funding Amount); provided that the amount may be increased at any time by Parent at its sole discretion by sending a written notice to the Company and the Intercreditor Agent specifying the incremental amount of Cash Equity Funding to be included within the Equity Funding Amount.

Equity Funding Amount means $71,200,000.00, which, for the avoidance of doubt, includes the Control Principal Personal Equity Contribution.

Equity Funding Amount means, with respect to any Advance pursuant to Sections 2.3 and 4.3(a)(ii) of the Participation Agreement, the Total Funding Amount less the Debt Funding Amount; provided, however, that, in any event, the Equity Funding Amount shall include, and be an amount sufficient to fund the entire portion of the Equity Yield Amount requested to be advanced on any Requested Funding Date and to the extent that the Equity Funding Amount calculated pursuant to the above formula is not sufficient to fund the entire portion of the Equity Yield Amount requested to be advanced on any Requested Funding Date, the Equity Funding Amount shall be increased, and the Debt Funding Amount shall be correspondingly decreased, such that the Debt Funding Amount is never required to fund the Equity Yield Amount.

Examples of Equity Funding Amount in a sentence

• As of the date hereof, Borrower has contributed equity to the Property, in the form of cash and/or property, in an amount equal to or greater than the Equity Funding Amount.

• Clauses 5.7 to 5.14 of this Senior Unsecured Scheme shall apply only if the SUN New Equity Funding Confirmation Notice delivered by the Escrow and Settlement Agent pursuant to Clause 5.6 confirms that the aggregate balance (in cleared funds) deposited into the SUN New Equity Escrow Account and the SUN New Equity Escrow ExceptionA19502174Confirmed Amount is less than the Required SUN New Equity Funding Amount, the difference between such amounts being the “ SUN New Equity Funding Shortfall Amount”.

More Definitions of Equity Funding Amount

Equity Funding Amount means equity funding for the acquisition of the Project in the amount of not less than US$3,250,000; EXCESS CASH FLOW for the Quarter ending on 31 January 2004 and each subsequent Quarter, means the aggregate of:

Equity Funding Amount evidence that the Equity Funding Amount has been expended, or will be expended at the time of completion under the Asset Purchase Agreement, in accordance with the Financing Plan on the acquisition costs relating to the Project;