Aggregate Contribution Amount definition
Examples of Aggregate Contribution Amount in a sentence
Except, that each Co-Signer’s obligation to indemnify a Claiming Co-Signer under this Section 2 will only arise to the extent that the total amount paid by that Co-Signer, whether under a Note, a Guaranty or to other Claiming Co-Signers under this Section 2, is less than that Co-Signer’s Pro Rata Portion of the Aggregate Contribution Amount at the time of such Claim.
The Co-Signers agree that, to the extent that any Co-Signer (a “Claiming Co-Signer”) makes a payment as a co-signer of a promissory note or under a Guaranty (a “Claim”), the other Co-Signers will indemnify the Claiming Co-Signer for the total amount paid by the Claiming Co-Signer under a Note, a Guaranty, and to other Claiming Co-Signers under this Section 2, if applicable, that exceeds the Claiming Co-Signer’s Pro Rata Portion of the Aggregate Contribution Amount at the time of that Claim.
S▇▇▇▇▇ ▇▇▇▇ shall have received a report of an independent engineer selected by Spring Lane (the “Independent Engineer”) for the Project that confirms that the construction of the Project is capable of being accomplished in accordance with the EPC Agreement, the Project Budget and the Project Schedule, and that sufficient funds are available from the Aggregate Contribution Amount and the Qualifying Debt to achieve Completion.
Spring Lane shall have received a report of an independent engineer selected by Spring Lane (the “Independent Engineer”) for the Project that confirms that the construction of the Project is capable of being accomplished in accordance with the EPC Agreement, the Project Budget and the Project Schedule, and that sufficient funds are available from the Aggregate Contribution Amount and the Qualifying Debt to achieve Completion.