Equity Cash definition

Equity Cash means the portion of the Cash Consideration that is being funded by equity investments received by Buyer from its members, and which is approximately $128,241,670.58.
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Examples of Equity Cash in a sentence

  • All advances of Up-Front Equity Cash from the Up-Front Equity Account shall be made pursuant to Draw Requests submitted by Borrower pursuant to this Agreement and this Exhibit “F” and shall be subject to all of the terms and conditions of this Agreement and this Exhibit “F”.

  • Evidence satisfactory to Administrative Agent that all components of the Up-Front Equity has been fully paid and funded except for the Deferred Up-Front Equity Cash (it being acknowledged and agreed to that prior to first Advance of Loan Proceeds, the Deferred Up-Front Equity Cash shall be deposited by Borrower into the Up-Front Equity Account).

  • Borrower, Administrative Agent and Lenders acknowledge that (i) Borrower has established the Up-Front Equity Account with, and under the control of, Administrative Agent; (ii) has deposited the Initial Up-Front Equity Cash into same for the purposes of funding the Total Costs; and (iii) shall, prior to the Initial Advance of Loan Proceeds, deposit the Deferred Up-Front Equity Cash into same for the purposes of funding the Total Costs.

  • Up-Front Equity Cash and Loan Proceeds shall be advanced subject to the terms, covenants, conditions and provisions of this Agreement.

  • No advances of Loan Proceeds, including the Initial Advance of Loan Proceeds, shall be made unless and until the Up-Front Equity Cash has been advanced from the Up-Front Equity Account towards Total Costs and at any time funds exist in the Up-Front Equity Account, such funds shall be utilized for advances prior to the advancing of any Loan Proceeds.

  • In accordance with the Construction Loan Agreement in the amount of $ dated , among Borrower, Administrative Agent and the Lenders as defined therein, Borrower requests that $ be advanced from Loan Proceeds [, $ be advanced from Borrower’s Deposit and $ be advanced from Up-Front Equity Cash].

  • At least ten (10) Business Days before the requested date of each advance made under the Budget from the Up-Front Equity Cash or the Loan, Borrower shall deliver a Draw Request to Administrative Agent.

  • A “Draw Request” means a properly completed and executed written application by Borrower to Administrative Agent in the form of Exhibit “F-1” (or in another form satisfactory to Administrative Agent) setting forth the amount of Up-Front Equity Cash and/or Loan Proceeds desired, together with the related AIA Document G-702 and G-703 and such schedules, affidavits, releases, waivers, statements, invoices, bills, and other documents, certificates and information satisfactory to Administrative Agent.

  • If (i) and/or (ii) is not satisfied, then Harbinger may agree to increase the Equity Cash Confirmation Amount that the Harbinger Satellite Fund or Harbinger Designee has provided pursuant to Article XI or may require the Company to use its reasonable best efforts to increase the amounts available under the Debt Financing, so as to enable Harbinger to require an increase in the Firm Offer Price.

  • The Equity Commitment Letter shall confirm the amount of committed equity financing (such amount, as may be increased pursuant to Article XIV, the "Equity Cash Confirmation Amount") which will be available to the Company on the Closing Date on a Certain Funds Basis pursuant to Section 11.2(b).