Examples of Cash Equity Contribution in a sentence
Prior to making any Cash Equity Contribution to the Fund, Arion shall deliver to the Fund and the Representative a solvency certificate signed by an authorised signatory of Arion dated the date of the making of the Cash Equity Contribution in a form which is acceptable to the Fund and the Representative, such acceptance to not be unreasonably withheld.
The Cash Manager shall record on each Holder's Unit Account Ledger whether the relevant Equity Contribution was a Cash Equity Contribution or an Equity Contribution in Kind.
In connection with this transaction, Management has agreed to fund the first $3 million of DIP Financing and the Cash Equity Contribution in the following manner: $1.25 million from Tim Howard, $.5 million from Gus Rantz, III, and $1.25 million from Gus Rantz IV, with $1.0 million of that sum being loaned by Gus Rantz III to Gus Rantz IV, and these will be deemed the minimal proportional funding requirements of Management.