Examples of Second Equity Capital Contribution in a sentence
The Required Reserves shall initially be funded upon the Second Equity Capital Contribution Closing in an aggregate total amount of $*****, must total such amount upon the close of business on December 31, 2009, and must total $***** immediately following the first Special Funded Distribution Date and the making of such first Special Funded Distribution.
Notwithstanding anything to the contrary in this ARTICLE VI, no distribution shall be made to any of the Members prior to the earlier of (i) January 31, 2010, and (ii) the date on which the Class B Member makes the Second Equity Capital Contribution to the Company.
Upon its establishment, the SCPPA Cost Reserve shall be funded at such time with an amount equal to the aggregate total of all reimbursement payments received by the Project Company from SCPPA for Taxes and Operating Insurance premiums (as defined in the PPA) from the Second Equity Capital Contribution Date until the date such sub-account is established.
The O&M Reserve shall be funded upon the Second Equity Capital Contribution Closing in the amount of $***** with proceeds of the Second Equity Capital Contribution, and shall be in an amount of not less than $***** upon the close of business on December 31, 2009.
NHC shall notify Investor in writing at the time and in the manner provided in Section 2.7 hereof as to (A) the number and type of Turbines, and the nameplate rated capacity of such Turbines in megawatts, that will be Placed in Service on or prior to the Second Equity Capital Contribution Date, and (B) a computation of the Second Equity Capital Contribution Amount.
The Clipper Reserve shall be funded upon the Second Equity Capital Contribution Closing in the amount of $***** with proceeds of the Second Equity Capital Contribution, shall be in an amount of not less than $***** upon the close of business on December 31, 2009 and shall be subject to the following use restrictions and adjustment provisions.
The Second Equity Capital Contribution to be made by the Investor upon the Second Equity Capital Contribution Date shall be in the Second Equity Capital Contribution Amount.
If the GGHA determines at or after the interview that additional information or document(s) are needed, the GGHA will request the document(s) or information in writing or by phone.
Upon the occurrence of a Second Equity Capital Contribution and if applicable, a Third Equity Capital Contribution, then the Capital Account of each Class B Member will be increased by the amount of Capital Contributions made by such Class B Member on the Closing Date of each such Capital Contribution.
Prior to the Second Equity Capital Contribution, the consent of a Class B Member with respect to a requested Major Decision shall not be unreasonably withheld.