Additional Equity Contribution definition

Additional Equity Contribution means the amount, by which the sum of the Purchaser Transaction Expenses plus the Bank Fee Amount, exceeds $25 million, if any.
Additional Equity Contribution means an amount equal to the amount of cash that is (a) received by the MLP Entity from a source other than the Borrower or any Subsidiary thereof and (b) contributed by the MLP Entity to the Borrower in exchange for the issuance by the Borrower of additional Equity Interests in the Borrower (or otherwise as an equity contribution), in each case after the Closing Date; provided, that (i) the Borrower shall deliver written notice to the Administrative Agent concurrently with the receipt of such cash, which such notice shall (1) state that the Borrower has elected to treat such equity contribution as an Additional Equity Contribution and (2) clearly set forth the amount of such Additional Equity Contribution; (ii) any Equity Interests issued by the Borrower to the MLP Entity in connection with an Additional Equity Contribution shall be pledged to the Collateral Agent in accordance with the Collateral and Guarantee Requirement and (iii) any Additional Equity Contributions shall be disregarded for the purpose of determining compliance with the Financial Performance Covenants and for all other purposes for which EBITDA is calculated under this Agreement.
Additional Equity Contribution an equity contribution made by the Parent to the Borrower in an amount equal to (X) $165,000,000 less the Initial Equity Contribution times (Y) a fraction, the numerator of which shall equal the Additional Amount and the denominator of which shall equal $255,000,000.

Examples of Additional Equity Contribution in a sentence

  • Net Revenue shall be used to return Developer Equity in the following order: first, to return the Additional Equity Contribution; second, to return the Base Equity Contribution; and third, to return Developer Equity that was not entitled to an Applicable Preferred Return.

  • The “Schedule of Values” shall provide a breakdown for labor, material and equipment, as appropriate and as required Architect, County and SBA.Section 0000 1Phase/Section/Area/Floor “A” Product XMaterial Cost Labor CostProduct YMaterial Cost Labor CostPhase/Section/Area/Floor “B” Product XMaterial Cost Labor CostProduct YMaterial Cost Labor CostSection 0000 2Phase/Section/Area/Floor “A” Product SMaterial Cost Labor CostSection 0000 3 Etc.

  • If the Closing occurs (including the payment to Sellers of the Distribution Amount), all Purchaser Transaction Expenses and any costs, fees and expenses included in the Bank Fee Amount shall be paid by the Company (subject to Purchaser’s payment to Parent of an amount in cash equal to the Additional Equity Contribution pursuant to Section 2.1(g)).

  • An equity contribution in an amount equal to the Additional Equity Contribution (calculated after giving effect to all Loans requested to be made on such Borrowing Date) shall have been made.

  • In the event a Valid Sale Contract contains Upgrades and the deposit (“Upgrade Deposits”) for the cost of such Upgrades made by the Condominium Unit purchaser is insufficient to cover the costs of such Upgrades, the Loan will be considered “out of balance” (as more particularly described in Section 7.1 hereof) in the amount of the shortfall and shall require a deposit of an Additional Equity Contribution.


More Definitions of Additional Equity Contribution

Additional Equity Contribution as defined in the Investment Agreement.
Additional Equity Contribution means the additional U.S. $6,000,000 ------------------------------ to be contributed by the shareholders of Omolon (U.S. $3,000,000 by Magadan and the equivalent of U.S. $3,000,000 in roubles by the other shareholders of Omolon) in connection with the Amended Financing Agreements and the Subordinated Loan Agreement and all amendments or supplements to the Foundation Agreement or Omolon Charter and/or other agreements entered into by such shareholders in relation thereto.
Additional Equity Contribution means a cash equity contribution by Holdings to the Borrower in addition to the Holdings Contribution and in an amount that will result in the percentage of the Borrower's total capitalization (excluding cash on hand) represented by equity, determined on a pro forma basis as of the Initial Closing Date, being not less than the percentage specified by the Administrative Agent (which percentage will not be more than 35%), provided that a percentage to be agreed upon of the Additional Equity Contribution will be funded with the proceeds of common equity contributions to Holdings in addition to the Sponsor Equity Contribution, Management Equity Contribution and Investor Equity Contribution and the remainder of the Additional Equity Contribution will be funded with the proceeds of the issuance of Holdings Discount Debentures in addition to the Holdings Discount Debentures issued on the Start Date or the Second Closing Date.
Additional Equity Contribution means at least $8,000,000 gross cash proceeds from the sale of shares of Series D Preferred Stock, par value $0.01 per share, of the Parent pursuant to the Securities Purchase Agreement, dated November 4, 2003, between L Capital and the Parent or a similarly situated investor reasonably acceptable to the Purchaser.
Additional Equity Contribution means an equity contribution to be ------------------------------ made by the Controlling Shareholders and the Co-Investors pursuant to the Make- Well Agreement directly or indirectly to the Borrower in the event that, based on the financial statements delivered to the Administrative Agent pursuant to Section 6.2 for the period ending March 31, 2001, the Total Leverage Ratio is greater than 4.50 to 1.00, but only to the extent necessary to cause the Total Leverage Ratio not to exceed 4.50 to 1.00 following such contribution; provided, -------- however, that in no event shall the Controlling Shareholders and the Co- ------- Investors be required to contribute more than$50,000,000 (less the amount of any Bridge Equity) as equity to the Borrower.
Additional Equity Contribution means an amount equal to the amount of cash that is (a) received by the MLP Entity from a source other than the Borrower or any Subsidiary thereof and (b) contributed by the MLP Entity to the Borrower in exchange for the issuance by the Borrower of additional Equity Interests in the Borrower (or otherwise as an equity contribution), in each case after the Restatement Date; provided, that (i) the Borrower shall deliver written notice to the Administrative Agent concurrently with the receipt of such cash, which such notice shall (1) state that the Borrower has elected to treat such equity contribution as an Additional Equity Contribution and (2) clearly set forth the amount of such Additional Equity Contribution;(ii) any Equity Interests issued by the Borrower to the MLP Entity in connection with an Additional Equity Contribution shall be pledged to the Collateral Agent in accordance with the Collateral and Guarantee Requirement and (iii) any Additional Equity Contributions shall be disregarded for the purpose of determining compliance with the Financial Performance Covenants and for all other purposes for which EBITDA is calculated under this Agreement.
Additional Equity Contribution has the meaning set out in Section 3(j)(i) of this Agreement.