Examples of Equity Contribution Date in a sentence
BrightSource Ivanpah irrevocably commits (i) to provide to the Borrower, directly or indirectly, 100% of the Supplemental Base Equity Amount, and (ii) to pay amounts up to the Supplemental Base Equity Commitment Balance from time to time on any Supplemental Base Equity Contribution Date.
For example, construction of an equipment shelter could be expected to have little if any visual impact in anindustrial area, but might have a significant visual impact if located in an area of otherwise undisturbed vegetation.
On the Equity Contribution Date, the amount of the Equity Contribution required to be made shall equal the lesser of (i) the full amount of the Equity Contribution and (ii) the highest Interim Computation Amount as of any Computation Day occurring on or prior to the Equity Contribution Date.
The Debt Incurrence Amount shall be calculated on the date hereof, on the Equity Contribution Date and, whether before or after the Equity Contribution Date, on each date on which quarterly or annual financial statements of the Equity Contributor become available and on each date on which any amount becomes available under any RP Basket (each such calculation date, a “Measurement Date”).
In the event that any Sponsor Equity Contribution is not made on the related Equity Contribution Date, the amount of such delinquent Sponsor Equity Contribution shall bear interest at the Default Rate (computed on the basis of a 365 or 366 day year, as the case may be, and the actual days elapsed) until such time as such Sponsor Equity Contribution is made.