Common use of Deemed Equity Contributions Clause in Contracts

Deemed Equity Contributions. Upon the deposit by the Contributor of an Equity Contribution in the Note Redemption Account pursuant to Section 2.1 and 2.2, and notwithstanding that any such amounts shall be deposited directly into the Note Redemption Account, (i) the Contributor shall be deemed to have made an equity contribution to the Pledgor in the amount of such Equity Contribution or deposited or transferred amount and (ii) the Pledgor shall be deemed to have made an equity contribution to the Company in the amount of such Equity Contribution or deposited or transferred amount.

Appears in 6 contracts

Samples: Equity Contribution Agreement (Bloom Energy Corp), Equity Contribution Agreement, Equity Contribution Agreement (Bloom Energy Corp)

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