Drawstop Equity Contributions definition
Drawstop Equity Contributions means contributions of cash equity made to Borrower during any period in which Borrower is unable to satisfy the conditions set forth in Section 4.3 (Conditions to Each Term Loan Advance) of this Agreement, which contributions shall not be required to be deposited into the Construction Account in accordance with the Common Security and Account Agreement. For the avoidance of doubt, no Equity Contribution shall be a Drawstop Equity Contribution.
Drawstop Equity Contributions shall have the meaning assigned to such term in the Equity Contribution Agreement.
Drawstop Equity Contributions has the meaning given in the Depositary Agreement.
Examples of Drawstop Equity Contributions in a sentence
Reinstated Contributions shall be evidenced by any Notice of Borrowing that provides for reimbursement of Drawstop Equity Contributions in accordance with the Credit Agreement.
More Definitions of Drawstop Equity Contributions
Drawstop Equity Contributions has the meaning set forth in the Accounts Agreement.
Drawstop Equity Contributions means contributions of cash equity made to the Borrower either (a) during any period in which the Borrower is unable to satisfy any of the conditions precedent to any advance, loan, or other extension of credit under any Senior Secured Debt Instrument or, (b) on any date, to pay any T4 Project Costs that are reasonably anticipated by the Borrower to become due and payable by any Loan Party prior to the date on which the next succeeding advance, loan, or other extension of credit is permitted under any Senior Secured Debt Documents as specified in a notice by the Borrower to the T4 Collateral Agent.
Drawstop Equity Contributions means any Equity Contribution by the Parent in addition to the Required Equity during any period in which the Company is not otherwise able to meet the conditions set forth in Section 4.02 with respect to the borrowing of Loans hereunder.
Drawstop Equity Contributions has the meaning given in Schedule A of the CSAA.
Drawstop Equity Contributions means any equity capital contributions made by any Sponsor during any Drawstop Period. “Drawstop Period” means any period in which the conditions precedent to the making of any Term Loan cannot be satisfied. “DSR Letter of Credit” means any irrevocable standby letter of credit, substantially in the form of Exhibit N-2 or such other form reasonably acceptable to the applicable L/C Issuer, the Borrower and the beneficiary thereof issued pursuant to Section 2.03(a)(ii)(B) by an L/C Issuer listed on Schedule 1.01A or an Acceptable L/C Issuer. “DSR Requirement” means as of any date of determination, the next six (6) months of principal and interest scheduled to be payable hereunder after such date of determination in respect of the Initial Term Loans and the Term Conversion Date Term Loans pursuant to Section 2.06(a)(i) and Section 2.07(a) (calculated by the Borrower using an assumed Eurocurrency Rate for the Interest Period in effect as of such date of determination) (as adjusted for settlement amounts under the Interest Rate Hedge Agreements). “DSRA Deficiency Event” occurs when, as of the last day of any fiscal quarter, the Funded DSR is less than the DSR Requirement. “DSRA Overfunding Event” occurs when the Funded DSR exceeds the DSR Requirement. “Early Opt-in Election” means, if the then-current Benchmark is the Eurocurrency Rate, the occurrence of: (a) a notification by the Administrative Agent to (or the request by the Borrower to the Administrative Agent to notify) each of the other parties hereto that at least ten (10) currently outstanding U.S. dollar-denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed) a SOFR-based rate (including SOFR, a term SOFR or any other rate based upon SOFR) as a 164 KE 73718588.20 US-DOCS\142539518.
Drawstop Equity Contributions means any equity capital contributions made by any Sponsor during any Drawstop Period.