Common use of Equity Requirement Clause in Contracts

Equity Requirement. At or prior to Closing, Borrower shall provide Lender evidence that Borrower has contributed a minimum of $10,250,000.00 toward the purchase price of the Property and the related closing costs (“Equity Contribution”).

Equity Requirement. At or prior to Closing, Borrower shall provide Lender evidence that Borrower has contributed a minimum of $10,250,000.00 8,872,548.00 toward the purchase price of the Property and the related closing costs (“Equity Contribution”).