Common use of Prior Funding Clause in Contracts

Prior Funding. As of February 8, 2021, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 (the “P rior Funding”), which amount includes Presale Deposits totaling $600,000 Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,300,614 (the Strike Price minus the Prior Funding being hereinafter referred to as the “M inimum Remaining Funding Amount”).

Appears in 3 contracts

Samples: Completion Guaranty, Completion Guaranty, Completion Agreement

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Prior Funding. As of February 86, 20212023, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 (the “P rior Prior Funding”), which amount includes Presale Deposits totaling $600,000 600,000. Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,300,614 9,326,297 (the Strike Price minus the Prior Funding being hereinafter referred to as the “M inimum Minimum Remaining Funding Amount”).

Appears in 2 contracts

Samples: Completion Guaranty, Completion Agreement

Prior Funding. As of February 8, 20212019, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 (the “P rior Prior Funding”), which amount includes Presale Deposits totaling $600,000 Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,300,614 8,321,079 (the Strike Price minus the Prior Funding being hereinafter referred to as the “M inimum Remaining Funding Amount”).

Appears in 2 contracts

Samples: Completion Guaranty, Completion Agreement

Prior Funding. As of February 8, 2021, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 (the “P rior Prior Funding”), which amount includes Presale Deposits totaling $600,000 Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,300,614 (the Strike Price minus the Prior Funding being hereinafter referred to as the “M inimum Minimum Remaining Funding Amount”).

Appears in 1 contract

Samples: Completion Agreement

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Prior Funding. As of February January 8, 20212017, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 2,000,000, which includes Pre-Closing Deposits totaling $600,000 (the “P rior Funding”), which amount includes Presale Deposits totaling $600,000 . Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,300,614 8,321,079 (the Strike Price minus the Prior Funding being hereinafter referred to as the “M inimum Minimum Remaining Funding Amount”).

Appears in 1 contract

Samples: Completion Guaranty

Prior Funding. As of February 8, 20212018, Completion Guarantor has credited to the Strike Price prior advances totaling $2,000,000 2,000,000, which includes Pre-Closing Deposits totaling $600,000 (the “P rior Funding”), which amount includes Presale Deposits totaling $600,000 . Accordingly, the Strike Price remaining to be funded after crediting the Prior Funding thereto is $9,300,614 8,321,079 (the Strike Price minus the Prior Funding being hereinafter referred to as the “M inimum Remaining Funding Amount”).

Appears in 1 contract

Samples: Completion Guaranty

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