Common use of Equity Requirement Clause in Contracts

Equity Requirement. Borrower shall be required to contribute equity to ------------------ the Project in an amount sufficient to complete the Project based on the Project Budget. Based on the current Project Budget, Borrower shall be required to contribute Four Million One Hundred Sixty-Two Thousand Seven Hundred Twenty- Seven Dollars ($4,162,727.00) in equity to the Project.

Equity Requirement. Borrower shall be required to contribute equity to ------------------ ------------------- the Project in an amount sufficient to complete the Project based on the Project Budget. Based on the current Project Budget, Borrower shall be required to contribute Four Million One Two Hundred SixtyFifty-Two Eight Thousand Seven Four Hundred Twenty- Seven Dollars ($4,162,727.004,258,400.00) in equity to the Project.