Additional Equity Contribution Sample Clauses
The Additional Equity Contribution clause requires one or more parties to provide extra capital to a business or project beyond their initial investment. Typically, this clause outlines the circumstances under which additional funds must be contributed, such as covering unexpected expenses, meeting minimum capital requirements, or funding new opportunities. By specifying the process and obligations for further contributions, this clause ensures the ongoing financial stability of the venture and clarifies each party's responsibilities in the event of future funding needs.
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Additional Equity Contribution. Intermediate Holdco fails to have contributed at least $361,000,000 in the aggregate in cash as an equity contribution to the Borrower since January 1, 2006, by July 28, 2006.
Additional Equity Contribution. An equity contribution in an amount equal to the Additional Equity Contribution (calculated after giving effect to all Loans requested to be made on such Borrowing Date) shall have been made. Each borrowing by the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such extension of credit that the conditions contained in this Section 4.2 have been satisfied.
Additional Equity Contribution. Notwithstanding anything in this Agreement to the contrary, the Parent may, but shall have no obligation to, at any time or from time to time make a capital contribution to the Company for any purpose, including for the purpose of curing any Default or Event of Default, satisfying any Level A Asset Coverage Test, Level B Asset Coverage Test or Company Asset Coverage Test, in connection with enabling the acquisition or sale of any Fund Asset or satisfying any condition under Section 2.03. Each contribution shall either be made (a) in cash, (b) by assignment and contribution of Cash Equivalents and/or (c) by assignment and contribution of any Fund Asset.
Additional Equity Contribution. The Borrower shall provide, from sources other than the Loan, the funds necessary to pay the total construction costs of the Improvements in excess of the amounts available to the Borrower from the Loan Advances. If, at any time, the Lender shall determine that the undisbursed balance of the Loan Advances will be insufficient to pay the total cost of constructing the Improvements, the Borrower shall promptly provide the Lender with evidence satisfactory to the Lender that the Borrower has sufficient funds available to pay the increased costs as they are incurred, and the Lender reserves the right to require the Borrower to deposit with the Lender, within fifteen (15) Business Days after any request by Lender, sufficient funds to complete the construction of the Improvements prior to consenting to any further Loan Advances.
Additional Equity Contribution. In the event the Post-Closing Balance Sheet shows cash on balance sheet to be less than $50,000,000 (any such shortfall, the “Additional Equity Contribution Amount”), Holdings shall, as soon as reasonably practicable and in any event no later than February 3, 2007, contribute to the Borrower (or cause to be contributed to the Borrower) in the form of cash common equity such Additional Equity Contribution Amount.
Additional Equity Contribution. (a) Section 5.16. of the Credit Agreement is amended by deleting it in its entirety and replacing it with the following:
Additional Equity Contribution a contribution by any Person (other than any Obligor) made following the Closing Date to Holdings in cash in the form of common equity, and made in turn by Holdings to the Company in cash and in the form of common equity, such contribution to be made directly to a Dominion Account upon prior or concurrent written notice to the Agent of the making of such contribution and the source of such contribution, all in detail reasonably satisfactory to the Agent.
Additional Equity Contribution. On or before December 31, 2025, Borrower shall have received a cash contribution of not less than $10,000,000 by Holdings (directly or indirectly) in exchange for common Equity Interests of the Borrower and such contribution shall be in compliance with Section 7.12.
Additional Equity Contribution. 21 5.08 Gold Sales Arrangements............................................. 21 ARTICLE VI COVENANTS OF AMAX GOLD 6.01 Consent Solicitation Statement...................................... 21 Page No. ---- ARTICLE VII CONDITIONS TO OBLIGATIONS OF AMAX GOLD AND AMAX RUSSIA
Additional Equity Contribution. For the first six months following the Effective Date, Seller shall contribute ($20,000) twenty thousand dollars of capital to Buyer on the first day of the month each month following the schedule set forth in Schedule 5.14 attached to this Agreement.