Equity Closing definition

Equity Closing means the closing and funding of the next round of equity financing in Aspen by investors contemplated in Section 4.1 (b) below, which shall include at least one Lead Investor, currently contemplated to occur within 120 days of the execution of this Agreement, in an amount of at least $35,000,000, excluding the Equity Investment Credit.

Equity Closing means closing of the Equity Purchases and payment of relevant Equity Purchase prices by JMIR and HZLZ under the Equity Purchase Documents.

Equity Closing shall have the meaning specified in Section 2.2(a).

Examples of Equity Closing in a sentence

• For all Projects located on Tribal Land, submit a title status report from the Bureau of Indian Affairs at the time of the Equity Closing package described in Section 3.2.

• Both the Regulatory Agreement and Priority Agreement must be executed and recorded as part of the Equity Closing.

• At least 10 days prior to the scheduled Equity Closing but after the general contractor bids have been received, the Applicant must submit the Project’s final development budget, final sources of funds, and documentation to substantiate the final Credit pricing.

• Once the Equity Closing is completed, the Applicant is responsible for ensuring that the Commission receives a copy of the final title report and the executed Limited Partnership or Limited Liability Company Agreement.

• A project which is financed, constructed, and operated under the RD Section 515 program for the elderly or a HUD elderly program Equity Closing is the date the Project closes on its Tax Credit partnership.

More Definitions of Equity Closing

Equity Closing shall have the meaning set forth in Section 2.17.

Equity Closing means the closing of an equity investment of at least $5.0 million for Series A preferred stock of the Company, representing at least $2.5 million by Sequel Limited

Equity Closing means the closing of the equity raising under the Underwriting Agreement dated on or about the date of this deed.

Equity Closing shall have the meaning given to the term “Completion” under the Subscription and Transfer Agreement.

Equity Closing means the funding of the Capital Contributions to the Company by the Members in the amounts set forth on Exhibit A.

Equity Closing means the closing of a Common Stock equity financing of the Company, registered under the Securities Act, in the amount of at least $8,000,000.

Equity Closing means the consummation by Fieldstone Holdings Corp. (or FIC as successor to Fieldstone Holdings Corp.) of an offering of equity securities prior to November 25, 2003 raising a minimum of $100 million."