Equity Capital definition
Examples of Equity Capital in a sentence
As of the Substantial Completion Funding Date, all of the “IRS Placed in Service Conditions” (as defined in the Equity Capital Contribution Agreement) have occurred with respect to the Project and all portions thereof.
On the Initial Funding Date, Class B Member and the Equity Investor shall execute the LLC Agreement in the form attached as Annex 4 to the Equity Capital Contribution Agreement.
The Tax Equity Holdco shall deposit all such amounts, into the Equity Capital Contribution Account.
As of each Equity Capital Contribution Date, each Material Project Contract to which Project Company is a party has been duly authorized, executed and delivered by Project Company and is in full force and effect and is binding on Project Company and, to the Knowledge of the Class B Equity Investor, on the other parties thereto, except as enforceability may be limited by applicable bankruptcy and similar laws affecting the enforcement of creditors’ rights and general equitable principles.
The insurance coverages required of the Company and the Project Company set forth in this Exhibit B shall in no way affect, nor are they intended as a limitation of, the Company’s liability with respect to the Equity Capital Contribution Agreement.