Common use of Equity Return Clause in Contracts

Equity Return. (a) Each Certificate Holder shall be entitled during the Term to a return on the aggregate amount of its unrepaid Equity Contributions (such unpaid amounts, its "Certificate Holder Amount") calculated at the Applicable Equity Rates, in accordance with the Lease Agreement and the Participation Agreement. (b) Equity Return on each Certificate shall be payable in arrears on each Payment Date.

Appears in 1 contract

Sources: Trust Agreement (Universal Compression Inc)

Equity Return. (a) Each Certificate Holder shall be entitled during the Term to a return on the aggregate amount of its unrepaid Equity Contributions (such unpaid amounts, its "Certificate Holder Amount") calculated at the Applicable Equity RatesRate, in accordance with the Lease Agreement and the Participation Agreement. (b) Equity Return on each Certificate shall be payable in arrears on each Payment Date.

Appears in 1 contract

Sources: Trust Agreement (Universal Compression Holdings Inc)