Examples of Project Equity in a sentence
Within sixty (60) business days following the issuance of the Certificate of Occupancy by the City, described in Section 3.1.2.3, Borrower shall deliver to Lender the difference between the (i) Total Project Equity (defined below) and (ii) the Initial Equity Deposit.
The evaluation criteria that will be used to select the projects are: Regional Significance, Usage and Impacts of the Project, Equity, Project Readiness, Project Funding, and Emissions Reduction (see pages 7-8 for detail on the criteria).
As of the Closing Date, the Sponsor has made Equity Contributions equal to $129,940,628, which shall reduce the Project Equity Commitment and the Remaining Equity Commitment.
Each Advance following the Initial Advance shall be in an amount that is equal to the lesser of (a) the amount of the Commitment Amount not outstanding, or (b) the allowable Project Equity Advance for the applicable Project.
The loan proceeds were used to refund equity and costs associated with the Unisun acquisition and the Rotterdam Development Project Equity.