Examples of Equity Provider in a sentence
No transfer of any legal or beneficial interest in any share capital of [identify superior holdings in the Third Party Equity Provider] (each an Original TPEP Shareholder) in the Third Party Equity Provider or change in the control over the exercise of voting rights conferred by shares held by the Original TPEP Shareholders in the Third Party Equity Provider shall be made or effected before the expiry of the Lock In Period.
Seller shall provide, at its cost, to SCE a California Land Title Association standard coverage Lender’s Policy of Title Insurance for the Site showing Seller, as the owner or lessee of the Site, the Secured Interests as a second priority lien (or a third priority lien in the case of subordination to a Lender and a Tax Equity Provider) against Seller’s interests in the Site and listing as exceptions only Permitted Liens and such other items approved by SCE in its reasonable discretion.
In connection with the first Permanent Financing, and in connection with any subsequent Senior Loan, on the date on which any Senior Lender first advances funds under its Senior Loan (not including any date on which a Tax Equity Provider advances funds used to pay another Senior Lender), Seller’s Debt to Equity Ratio shall not exceed nine (9).
For ease of reference purposes, this standard form anticipates the "Third Party Equity Provider" being a person who is not related to the building contractor or FM contractor under the principal sub-contracts, for example a long term equity provider such as a pension fund.
For ease of reference purposes, this standard form anticipates the "Third Party Equity Provider" being a person who is not related to the building contractor or FM contractor under the principal sub-contracts.