Cash Equity Commitment definition

Cash Equity Commitment means, with respect to a given Cash Equity Investor, such Cash Equity Investor’s commitment to contribute to the Cash Equity Partnership for the payment of the purchase price of a Project purchased by the Cash Equity Partnership or a wholly-owned Subsidiary thereof.

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Cash Equity Commitment of an Investor means the amount set forth opposite such Investor’s name in the second column of Schedule B of this Agreement.

Cash Equity Commitment means, with respect to each Project, including Projects owned directly or indirectly by the Guarantor, cash equity contributions committed to be made by the Guarantor to the Borrower or any of its Subsidiaries.

Examples of Cash Equity Commitment in a sentence

• For the avoidance of doubt, each Cash Investor will contribute its Cash Equity Commitment (or any portion thereof) to Holdco in exchange for HoldCo Shares at $41.20 per share, and each Rollover Investor will contribute its Rollover Commitment to Holdco in exchange for a number of HoldCo Shares equal to the number of Shares so contributed.

• Puerto Rico Transaction Cash Equity Commitment and Share Allocation.

• If based on such report or a field examination conducted in accordance with Section 6.10, the Collateral Agent determines, after consulting with the Borrowers, that in its commercially reasonable judgment, that such Tax Equity Commitment, Cash Equity Commitment or Backlever Financing is ineligible, the Borrowing Base shall be calculated without reference to such Tax Equity Commitment, Cash Equity Commitment or Backlever Financing.

• If the Borrowers do not receive notice from the Collateral Agent that any new Tax Equity Commitment, Cash Equity Commitment or Backlever Financing is to be ineligible under this clause (b)(ii) within twenty (20) days after the delivery of the applicable documents as set forth above, such Tax Equity Commitments, Cash Equity Commitment or Backlever Financing, as the case may be, shall be deemed eligible subject to the then existing eligibility conditions set forth herein.

• For the avoidance of doubt, each Cash Investor will contribute its Cash Equity Commitment (or any portion thereof) to Holdco in exchange for HoldCo Shares at $41.20 per share, and each Rollover Shareholder will contribute its Rollover Commitment to Holdco in exchange for a number of HoldCo Shares equal to the number of Shares so contributed.

• Any inspection of the Material Contracts or any other agreement affiliated with a Tax Equity Commitment or Cash Equity Commitment shall be limited to review by the counsel of the Administrative Agent and the Collateral Agent.

More Definitions of Cash Equity Commitment

Cash Equity Commitment means, with respect to each Project, cash equity contributions (which may be cash on hand or otherwise) committed to be made by Sponsors or the Guarantor to the Borrower.

Cash Equity Commitment means, with respect to any Cash Equity Investor, such Cash Equity Investor’s legally valid and binding commitment to make a Cash Equity Investment. The amount of any Cash Equity Investor’s Cash Equity Commitment is the amount of the Cash Equity Investment that such Cash Equity Investor has made a legally valid and binding commitment to make in cash.