Contingent Funding Liabilities definition

Contingent Funding Liabilities means direct or indirect liabilities or contingent liabilities, if any, of the Partners in respect of financial obligations owed to Project Co, to the General Partner, to any party under the Junior Debt or the Senior Lenders under the Senior Financing Agreements, such as, for example, the amount a Partner has agreed to contribute to Project Co, promissory notes, obligations to fund reserve accounts, guarantees, letters of credit in respect of deferred equity, subordinated debt or equity bridge loans;
Contingent Funding Liabilities means the higher of A and B where: A is the contingent or future liabilities to subscribe for equity or subordinated debt (if any) at the relevant time of:
Contingent Funding Liabilities. [insert any contingent liabilities of the shareholders in respect of financial obligations owed to the Contractor and/or Funders under the Funding Agreements which are triggered as a result of or in relation to the termination of the Agreement, e.g. guarantees or letters of credit in respect of deferred equity];

More Definitions of Contingent Funding Liabilities

Contingent Funding Liabilities means any contingent liabilities directly or indirectly of the Affiliates of Project Co, in respect of financial obligations owed to Project Co or the Senior Lenders under the Senior Lending Agreements, that are triggered as a result of or in relation to the termination of this Agreement, such as, for example, obligations to fund reserve accounts, and guarantees or letters of credit in respect of deferred equity, subordinated debt or equity bridge loans.
Contingent Funding Liabilities means any contingent liabilities of the Shareholders in the TSP in respect of financial obligations owed under the Financing Documents triggered in connection with a termination of this Agreement including any guarantees in respect of Subordinated Financing Agreements;
Contingent Funding Liabilities means [to be completed when Preferred Tenderer is appointed] 58
Contingent Funding Liabilities the contingent or future liability to subscribe for equity or subordinated debt (if any) at the relevant time of: (a) the Shareholders; and/or (b) the Subordinated Lenders; and/or (c) any other parties providing equity or subordinated debt, owed under the Financing Agreements to the Contractor, Holdco and/or the Senior Lenders together with, without double counting, any security (by way of letter of credit, guarantee or otherwise) for those liabilities which are triggered as a result of or in relation to the termination of this Contract;
Contingent Funding Liabilities means the contingent or future liabilities to subscribe for equity or subordinated debt (if any) at the relevant time of the:
Contingent Funding Liabilities means those liabilities of the Shareholders to the Contractor or the Senior Lenders pursuant to the Subordinated Financing Agreements;
Contingent Funding Liabilities means [ ]14;:18