Examples of Equity Guaranty in a sentence
Simultaneously with or prior to the Closing, Purchaser Parent shall have executed, and delivered to the Tax Equity Investor, the Purchaser Tax Equity Guaranty.
The form of the Tax Equity ECCA and the TE HoldCo MIPA, along with each schedule, exhibit or annex thereto (including the form of each other Tax Equity Agreement) and the initial form of the Tax Equity Model, in each case, shall be subject to the prior written consent of Purchaser (which consent shall not be unreasonably withheld or delayed, except that such consent may be withheld in Purchaser’s sole discretion with respect to the Purchaser Tax Equity Guaranty and the initial Tax Equity Model).
Simultaneously with or prior to the Closing, (i) AIP Parent shall have executed, and delivered to Purchaser, the AIP Tax Equity Cross Guaranty, and (ii) Seller Parent shall have executed, and delivered to Purchaser, the Seller Tax Equity Guaranty.
NEG hereby confirms that the Available Equity Commitment under the NEG Equity Guaranty includes the Fourth Project Funding Equity Commitments, as the Fourth Project Funding Equity Commitments may be reduced from time to time in accordance with Sections 3.15.4 and 9.17 of the Credit Agreement.
The Lender may, in its sole discretion, elect to direct that all or a portion of the proceeds of the Loan be deposited in its own account to repay amounts under the NRG Equity Guaranty Such elections shall be in addition to and shall not affect the remedies of the Lender hereunder, or under the other Credit Documents, the Equity Commitment Guaranty or the NRG Equity Guaranty.
As a condition precedent to making the Loan, Lender has required that KBS SOR US Properties II LLC, a Delaware limited liability company (“KBS Guarantor”) execute and deliver (i) a “Limited Guaranty”, (ii) a “Completion Guaranty”, and (iii) an “Equity Contribution Guaranty”), each dated as of December 30, 2014 (the Limited Guaranty, the Completion Guaranty and the Equity Guaranty are collectively referred to as the “Guaranty”) to Lender.
If any amount becomes due and owing under the Equity Commitment Agreement or the Equity Commitment Guaranty dated December 10, 1997 by the Lender in favor of Xxxxxx Xxxxx and The Chase Manhattan Bank, as Collateral Agent, (the "NRG Equity Guaranty"), the Lender may elect, in its sole discretion, to fund the Loan in the manner contemplated by Section 2.02, without receiving a notice of borrowing pursuant to Section 2.07.
The form of the Tax Equity ECCA, along with each schedule, exhibit or annex thereto (including the form of each other Tax Equity Agreement) and the initial form of the Tax Equity Model, in each case, shall be subject to the prior written consent of Purchaser (which consent shall not be unreasonably withheld or delayed, except that such consent may be withheld in Purchaser’s sole discretion with respect to the Purchaser Tax Equity Guaranty and the initial Tax Equity Model).
Project Company shall not maintain, establish or use any bank, deposit or securities accounts other than (a) the Accounts, and (b) such other local bank, deposit or securities accounts as shall be necessary to facilitate the performance by the Bayou Cove Project Company and the Rockford II Project Company of their obligations under Section 3.14 and/or the performance by NRG Energy of its obligations under Section 2.5 of the Contingent Equity Guaranty.
Simultaneously with or prior to the Closing, Seller Parent shall have executed, and delivered to Purchaser, the Seller Tax Equity Guaranty.