Base Equity Amount definition

Base Equity Amount means an amount equal to the sum of (i) $89,750,000, plus (ii) the Preferential New Equity Amount.
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Base Equity Amount means with respect to each Contributed Development Asset the sum of (1) the Contributed Equity Value of the Contributed Development Asset, (2) the amount of any debt encumbering the Contributed Development Asset, (3) the amount of any additional equity capital contributed by Acquirer or the New Operating Partnership to the Contributed Development Asset in order to obtain permanent financing of the project, and (4) an amount equal to 8.0% of the additional equity capital referred to in clause (3) above with respect to the Contributed Development Asset, compounded annually.
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Examples of Base Equity Amount in a sentence

  • BrightSource Ivanpah irrevocably commits (i) to provide to the Borrower, directly or indirectly, 100% of the Supplemental Base Equity Amount, and (ii) to pay amounts up to the Supplemental Base Equity Commitment Balance from time to time on any Supplemental Base Equity Contribution Date.

  • Each Equity Contributor irrevocably commits to provide to the Borrower, directly or indirectly, in accordance with Section 2.3.1, its share of the Aggregate Base Equity Commitment Balance in an amount determined by the following formula: (A * B) – C where A = such Equity Contributor’s Base Equity Percentage, B = the Aggregate Base Equity Amount, and C = the aggregate amount of such Equity Contributor’s prior Base Equity Contributions (excluding the amount of any Approved Pre-Closing Equity Credit).

  • The obligation to fund the Sponsor Base Equity Amount shall be independent of the shareholding of the Sponsor(s) in the Concessionaire.

  • Each Equity Contributor irrevocably commits to provide to the Borrower, directly or indirectly, in accordance with Section 2.3.1, its share of the Aggregate Base Equity Commitment Balance in an amount determined by the following formula: (A * B) - C where A = such Equity Contributor’s Base Equity Percentage, B = the Aggregate Base Equity Amount, and C = the aggregate amount of such Equity Contributor’s prior Base Equity Contributions (excluding the amount of any Approved Pre-Closing Equity Credit).

  • We are registering the Securities issued to the selling shareholders to permit the resale of these Securities by the holders of the Securities from time to time after the date of this prospectus.

  • As used herein, the term "Base Equity Amount" means the sum of (1) $136,000,000 minus (2) an amount equal to the lesser of (x) $50,000,000 and (y) the net reduction in Net Worth after December 31, 1997 attributable to Borrower's sale, issuance or repurchase of its capital stock." SECTION 2.02.

  • Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of its stock that would cause the Bank’s Equity Amount to be less then the Base Equity Amount as of the Determination Date or declare, pay or set aside for payment any dividend after the Determination Date, or directly or indirectly adjust, split, combine, redeem, reclassify, purchase or otherwise acquire, any shares of its stock.

  • Permit Net Worth, measured as of the last day of any calendar quarter, to be less than the sum of (i) the Base Equity Amount (as defined below), plus (ii) the lesser of (A) a cumulative 2 amount equal to fifty percent (50%), if positive, zero percent (0%), if negative, of Net Income for each fiscal year ending after September 19, 1997 and (B) $75,000,000.

  • Administrative Agent shall have received the Noble Base Equity Letter of Credit or Borrower (or any of its Affiliates on its behalf) shall have deposited cash to the Construction Account in the amount equal to the positive difference, if any, between (a) the Noble Base Equity Amount and (b) the Noble Construction Equity Amount.


More Definitions of Base Equity Amount

Base Equity Amount means, as applicable:
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Base Equity Amount means the sum of (1) $136,000,000 minus (2) an amount equal to the lesser of (x) $50,000,000 and (y) the net reduction in Net Worth after December 31, 1997 attributable to Borrower's sale, issuance or repurchase of its capital stock." SECTION 2.02. AMENDMENT TO SECTION 6.11. Section 6.11 of the Existing Credit Agreement is deleted in its entirety. ARTICLE III CONDITIONS TO EFFECTIVENESS SECTION 3.01.
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Base Equity Amount means $20,457,000.
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Base Equity Amount means the amount set out in the Financial Model; GoS Conditions Precedent shall have the meaning ascribed thereto in Section 3.1 (Conditions Precedent); GoS Default Termination Amount shall have the meaning ascribed thereto in SCHEDULE T (Termination Payments); GoS Event of Default shall have the meaning ascribed thereto in Section 22.2 (GoS Event of Default); GoS Indemnified Persons shall have the meaning ascribed thereto in Section 9.1 (General Indemnity); GoS Overriding Power Event shall have the meaning ascribed thereto in Section 8.9 (GoS Overriding Powers); GoS PPTFC(s) shall have the meaning ascribed thereto in Section 27.4.3 (Mode of Financing and Rights of Concessionaire); GoS Remedy Invoice shall have the meaning ascribed thereto in Section 18.2.3; GoS Remedy Amount shall have the meaning ascribed thereto in Section 18.2.3; GoS Revenue Share means the Revenues to be shared with GoS by the Concessionaire in terms of the Revenue Sharing Agreement, as set out in the Base Case Financial Model. Government Authority (ies) means the Government of Pakistan, the Government of Sindh, any governmental department, commission, board, body, bureau, agency, authority, instrumentality, court or other judicial or administrative body having jurisdiction over the Concessionaire, the Project, Concession Assets Project Site, the Concession Assets or any part thereof, or the performance of all or any of the services or obligations of the Concessionaire under or pursuant to this Agreement; Growers shall have the meaning ascribed to it in the Sindh Wholesale Agriculture Produce Markets (Development and Regulation) Act, 2010; Grower’s Shed means the auction sheds for growers of the dates, fruits and vegetables, located in the Market; Handover List shall have the meaning ascribed thereto in Section 25.1 (Liability for defects during Exit Implementation Period);
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Base Equity Amount means twenty-nine million two hundred forty-six thousand dollars ($29,246,000).
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Base Equity Amount means a Shareholder Contribution in the amount equal to (i) US$163,000,000 less (ii) the aggregate amount contributed to the Borrower by way of equity by the shareholders of the Borrower (other than the Shareholder) since Financial Close pursuant to the exercise of their respective pre-emptive rights.
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Related to Base Equity Amount

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Unfunded Exposure Equity Amount On any date of determination, an amount equal to the sum, for each Loan, of (a) the Unfunded Exposure Amount for such Loan minus (b) the product of (i) the Unfunded Exposure Amount for such Loan, (ii) the Advance Rate for such Loan and (iii) the Assigned Value of such Loan.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Liquidity Amount means, as of any date of determination, the sum of (a) the Aggregate Borrowing Availability as of such date and (b) the Unrestricted Cash Amount as of such date.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Aggregate Invested Amount means, at any date of determination, the sum of the Invested Amounts with respect to all Outstanding Series on such date of determination.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Maximum Available Amount means, at any time, the least of:

  • Class B Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class B Invested Amount less the positive difference, if any, between the Principal Funding Account Balance and the Class A Invested Amount on such date.

  • Series Invested Amount means the Initial Invested Amount.

  • Class Invested Amount means, with respect to any Class for any Distribution Date, an amount equal to the Class Initial Investor Interest minus the sum of (a) the aggregate amount of payments of Certificate Principal paid to such Class of Investor Certificateholders, in each case prior to such Distribution Date, (b) the aggregate amount of Investor Losses of such Class not reimbursed prior to such Distribution Date and (c) the aggregate amount of losses of principal on investments of funds on deposit for the benefit of such Class in the Series Principal Funding Account, if applicable.

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Invested Amount less the Principal Funding Account Balance on such date of determination.

  • Total Equity Value means, as of any date of determination, the aggregate proceeds which would be received by the Unitholders if: (i) the assets of the Company were sold at their fair market value to an independent third-party on arm’s-length terms, with neither the seller nor the buyer being under compulsion to buy or sell such assets; (ii) the Company satisfied and paid in full all of its obligations and liabilities (including all Taxes, costs and expenses incurred in connection with such transaction and any amounts reserved by the Manager with respect to any contingent or other liabilities); and (iii) such net sale proceeds were then distributed in accordance with Section 4.1, all as determined by the Manager in good faith based upon the Class A Common Stock Value as of such date.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).