Examples of Equity Funding Letter in a sentence
The Equity Funding Letter will be used as supporting evidence of the Equity Member’s ability to fund the Project.
Each Debt Funding Letter should conform with the requirements set forth in 5.3.1b) above for the Equity Funding Letter, however, instead of Equity, the Debt Funding Letter shall identify how the Financing Member intends to fund its debt commitment through use of internal resources (e.g., a corporate entity supplying its own capital).
Equity Funding Letter – The meaning in Exhibit 4 (SOQ Submittal Requirements), Section 3.13 (Equity Funding Letter).Equity Member – Each member of a Respondent's team that will contribute equity to the Developer as part of such Respondent's financing plan for the Project.
SOQ Submittal Requirements), Volume 3, Section 3.13 (Equity Funding Letter), incorporating the requirements described above.
In no event shall the Authority be bound by, or liable for, any obligations with respect to the Project until such time (if at all) as a Project Agreement, in form and substance satisfactory to the Authority, has been executed and authorized by the Authority and, then, only to the extent set forth therein.APPENDIX A SUPPLEMENTARY FINANCIAL SUBMITTAL REQUIREMENTS Requirements for the Equity Funding Letter The information presented here supplements the information presented in Section 5.3.2 (f).