Equity Proceeds Account. The Company shall deposit into a cash collateral account established with the Administrative Agent the Cash Equity Contribution Amount until such time as $200,000,000 of Requisite Qualifying Pre-Sales shall have been obtained (whether by way of Capacity Commitments or actual cash proceeds), at which time upon certification (together with details thereof) by a Responsible Officer of the Company with respect thereto to the reasonable satisfaction of the Administrative Agent, such amount may, as applicable, either be (i) directly deposited in the Equity Proceeds Account or (ii) transferred thereto.
Equity Proceeds Account. (a) The Administrative Agent shall, upon receipt by it of a certificate of the Company setting forth the costs due and payable and to be paid from the Equity Proceeds Account, distribute, from the cash available in the Equity Proceeds Account, to the Construction Account, all amounts then due and owing as set forth in such certificate.
Equity Proceeds Account. The Loan Parties may deposit in the Equity Proceeds Account as and when received any Equity Proceeds, as determined by the Borrower (and any Equity Proceeds not so deposited shall be deposited into the Revenue Account).
Equity Proceeds Account. In accordance with Section 2.19(g) of the Credit Agreement, we request that $ _____________ be withdrawn from the Equity Proceeds Account and [transferred to [the Revenue Account][Debt Service Reserve Account][Liquidity Reserve Account][ECF Prepayment Account].] [transferred to the Persons as set forth in greater detail in Part D of the attached Schedule I. Such amount shall be used for a purpose permitted by the Credit Agreement and the other Loan Documents.] 5.
Equity Proceeds Account. The Borrower shall cause to be deposited into the Equity Proceeds Account: (i) all Cash Flows (other than Business Interruption Insurance Proceeds) received prior to the Project Completion Date, (ii) all cash paid to any Loan Party prior to the Project Completion Date from any direct or indirect owner of the Borrower by way of equity contribution or subordinated shareholder loans and (iii) on or prior to the Project Completion Date, (A) Delay Liquidated Damages, (B) all other income received by or on behalf of any Loan Party (howsoever earned), revenue (howsoever generated) and proceeds of any nature whatsoever received by such Loan Party or to which such Loan Party is entitled (including Business Interruption Insurance Proceeds pursuant to Section 5.07(e) (Insurance/Condemnation Proceeds Account) and proceeds of Replacement Debt pursuant to the Financing Documents) that is not otherwise expressly required or permitted to be deposited into or credited to another Account, applied directly to the Obligations or distributed as a Restricted Payment, in accordance with this Agreement and (C) all other amounts received by any Loan Party on or prior to the Project Completion Date and not required by the terms of this Agreement to be deposited into another Account.
Equity Proceeds Account. (b) Other than during a Control Notice Period, the Borrower may transfer or withdraw amounts on deposit in the Construction Account to pay Project Costs then due and owing or becoming due and payable within the next sixty (60) days to be prepaid using the proceeds of such transfer or withdrawal.
Equity Proceeds Account. To the extent any Loan Party received Equity Proceeds or Excess Project Disposition Proceeds, such Equity Proceeds or Excess Project Disposition Proceeds may be deposited into the Equity Proceeds Account. The Borrower shall be permitted to transfer Cash and Cash Equivalents on deposit in or credited to the Equity Proceeds Account at any time pursuant to a Withdrawal Certificate delivered to the Depositary Bank (with a copy to the Administrative Agent), to an account (which may be any Depositary Account) or Person as directed by the Borrower in such Withdrawal Certificate, which funds may be applied for any purpose permitted by this Agreement and the other Loan Documents. (h)
Equity Proceeds Account. To the extent any Loan Party received Equity Proceeds, such Equity Proceeds may be deposited into the Equity Proceeds Account. The Borrower shall be permitted to transfer Cash and Cash Equivalents on deposit in or credited to the Equity Proceeds Account at any time pursuant to a Withdrawal Certificate delivered to the Depositary Agent (with a copy to the Administrative Agent), to an account (which may be any Depositary Account) or Person as directed by the Borrower in such Withdrawal Certificate, which funds may be applied for any purpose permitted by this Agreement and the other Loan Documents.
Equity Proceeds Account. Notwithstanding anything to the contrary in the Accounts Agreement, the Borrower shall withdraw cash from the Equity Proceeds Account in the required amount and apply that amount in mandatory prepayment pursuant to, and in accordance with, clause 7.17 (Mandatory Prepayment – DSRA) of the Fourth Amended and Restated Facility Agreement.
Equity Proceeds Account. To the extent any Loan Party received Equity Proceeds, Completion Proceeds or Excess Project Disposition Proceeds, such Equity Proceeds, Completion Proceeds or Excess Project Disposition Proceeds may be deposited into the Equity Proceeds Account. The Borrower shall be permitted to transfer Cash and Cash Equivalents on deposit in or credited to the Equity Proceeds Account at any time pursuant to a Withdrawal Certificate delivered to the Depositary Agent (with a copy to the Administrative Agent), to an account (which may be any Depositary Account) or Person as directed by the Borrower in such Withdrawal Certificate, which funds may be applied for any purpose permitted by this Agreement and the other Loan Documents.
