Minimum Equity Investment definition

Minimum Equity Investment shall have the meaning provided in the recitals to this Agreement.
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Minimum Equity Investment means the minimum amount of equity investment in the Borrower, so that, as of any date of determination, the difference between (i) the Collateral Principal Amount minus (ii) the Outstanding Principal Amount of the Loans is equal to or greater than the $7,500,000.
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Minimum Equity Investment means the aggregate investment in cash or in kind in Bidco made on or prior to the Interim Closing Date:
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Examples of Minimum Equity Investment in a sentence

  • Immediately prior to or substantially concurrently with the initial Credit Event hereunder, the Preferred Equity Financing shall have been consummated in all material respects in accordance with the terms of the Purchase Agreement and in an amount no less than the Minimum Equity Investment.

  • The Project budget as approved from time to time by Lender pursuant to Section 2.8 of this Agreement, the initial form of which is attached hereto as Exhibit “C” to this Agreement, showing all sources of funds to be used (including Borrower’s Minimum Equity Investment), and all costs and expenses to be incurred, in connection with the Project during the term of the Loan.

  • Evidence that Borrower and Owner have invested in the Collateral Property or otherwise expended for Project Costs in accordance with the Project Budget Borrower’s Minimum Equity Investment as required under Section 9.1.

  • No funds loaned to or borrowed by Borrower or any Borrower Party shall count towards Borrower’s Minimum Equity Investment.

  • Evidence that Borrower has invested in the Collateral Property or otherwise expended for Project Costs in accordance with the Project Budget Borrower’s Minimum Equity Investment as required under Section 9.1.

  • In the event Borrower or Contributor invests more than the Minimum Equity Investment (excluding Additional Equity Contributions required hereunder), the Loan amount shall be permanently reduced by such invested amount, unless the Borrower delivers to the Lender a written request for a refund of such invested amount within thirty (30) days of such excess investment, but in no event shall such a request be required sooner than thirty (30) days after the Closing Date.

  • Borrower has used (or will use) all of Borrower’s Minimum Equity Investment, all of Borrower’s Additional Equity and all Advances solely for purposes set forth in, and consistent with, the Project Budget.

  • It is understood that Lender shall not be required to disburse any proceeds of the Loan which shall be used to reimburse Borrower for the Minimum Equity Investment.

  • Borrower shall deliver to Lender such written substantiation and evidence as Lender shall reasonably request in order to document, support and verify all costs and expenses and other sums paid by Borrower which Borrower claims to comprise its Minimum Equity Investment in the Project.

  • All requirements set forth in Article IV of this Agreement as a condition precedent to the Closing Date shall have been satisfied, including, but not limited to, the delivery of evidence satisfactory to Lender that Borrower has invested Borrower’s Minimum Equity Investment and any required Borrower’s Additional Equity into the Project.


More Definitions of Minimum Equity Investment

Minimum Equity Investment means the aggregate investment (made on or prior to the Closing Date) in cash or in kind (including by way of the contribution of equity interests in any member of the Target Group) in the form of Equity Contributions by the Investors and Topco (or any of their Holding Companies) (directly or indirectly) to the Company, including by way of contribution of the proceeds of any Holdco Financing (including on a cash or cashless basis).
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Minimum Equity Investment. As defined in Section 3.2. Minimum List Price or Minimum List Prices: Those prices set forth on Exhibit D of this Agreement providing for an average price of at least $230 per sellable, interior, air-conditioned square foot (excluding parking and Upgrades).
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Minimum Equity Investment means the cash proceeds contributed by the Sponsors of not less than US$633,000,000 to be applied for payment of the Acquisition Consideration.
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Minimum Equity Investment has the meaning set forth in Section 22.
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Minimum Equity Investment has the meaning given in the Management Agreement.
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Minimum Equity Investment means an equity investment in SCL of not less than $2,200,000 to be realized on or prior to the Closing Date.
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Related to Minimum Equity Investment

  • Equity Investment means (i) an Equity Security; and (ii) an ownership interest in any company or other entity, any membership interest that includes a voting right in any company or other entity, any interest in real estate; and any investment or transaction which in substance falls into any of these categories even though it may be structured as some other form of investment or transaction.

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Equity Investments shall have the meaning provided in the preamble to this Agreement.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Equity Investors means the Sponsors and the Management Stockholders.

  • Capital investment means an investment in real property, personal property, or both, at a

  • Equity Investor means the tax credit investor or syndicator for the proposed project who will acquire an ownership interest in the proposed project and who contributes capital to the Project Sponsor and the closing of the syndication. Equity Investors provide the capital requirements of the Project Sponsor either in the form of a single contribution at the time of entry or a staged level of contributions.

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Special Purpose Investment Personnel means each SEI Access Person who, in connection with his or her regular functions (including, where appropriate, attendance at Board meetings and other meetings at which the official business of a Trust or any Fund thereof is discussed or carried on), obtains contemporaneous information regarding the purchase or sale of a Security by a Fund. Special Purpose Investment Personnel shall occupy this status only with respect to those Securities as to which he or she obtains such contemporaneous information.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Minority Investment means any Person (other than a Subsidiary) in which the Borrower or any Restricted Subsidiary owns Capital Stock.

  • Standard Investment Period means the period beginning with the first day of any purchase or acquisition of Economic Development Property and ending five (5) years after the Commencement Date.

  • Follow-On Investment means an additional investment in the same issuer, including, but not limited to, through the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

  • Private Investment means a securities offering that is exempt from registration under certain provisions of the U.S. securities laws and/or similar laws of non-U.S. jurisdictions. It includes investments in hedge funds, private equity funds, limited partnerships, real estate, peer to peer lending clubs and private businesses.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Minimum Holding means the minimum number or value of Shares which must be held by Shareholders as specified in the relevant Supplement.

  • Average Invested Capital of the Company shall mean the average of the aggregate historical cost of the consolidated assets of the Company and its subsidiaries, excluding the Transferred Assets, invested, directly or indirectly, in real estate or ownership interests in, and loans secured by, real estate and personal property owned in connection with such real estate (collectively, “Properties”) (including acquisition related costs and costs which may be allocated to intangibles or are unallocated), before reserves for depreciation, amortization, impairment charges or bad debts or other similar noncash reserves, computed by taking the average of such values at the beginning and end of the period for which Average Invested Capital is calculated.

  • Total Investment means the sum of the aggregate Capital Contributions made by a Member.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • New Equity means the common equity interests in Reorganized Neiman to be authorized, issued, or reserved on the Effective Date pursuant to the Plan.