Equity Deposit definition

Equity Deposit means any amount required from time to time after the date hereof to be deposited in cash with Lender to pay the costs of the Project which are (i) not paid out of the proceeds of the Loan, (ii) necessary to pay for Change Orders, (iii) [intentionally omitted] or (iv) any equity payments required to be made by Borrower under Section 3.11 in order to prevent the Loan from being Out of Balance.
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Equity Deposit shall have the meaning provided in Section 2.2(d).
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Equity Deposit has the meaning ascribed to such term in the Master Loan Agreement.
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Examples of Equity Deposit in a sentence

  • The Fiscal Agent shall deposit the Borrower Equity Deposit into the Borrower Equity Account of the Project Loan Fund, as well as any additional amounts delivered from time to time to the Fiscal Agent and directed by the Borrower or Servicer to be deposited therein (excluding any proceeds of the Governmental Note), as provided in Section 2.11(c) hereof.

  • The Fiscal Agent shall deposit $0.00 of the Borrower Equity Deposit into the Borrower Equity Account of the Project Loan Fund, as well as any additional amounts delivered from time to time to the Fiscal Agent and directed by the Borrower or Servicer to be deposited therein (excluding any proceeds of the Governmental Notes), as provided in Section 2.12(c) hereof.

  • The Equity Deposit had already been paid and shall form part of the 20% of Equity Consideration A which the Purchasers shall pay into the Equity Escrow Account within five working days after the signing of the Equity Transfer Agreement.

  • The above obligation shall be the sole liability of the Company as regards such design work except in respect of death or personal injury caused by negligence (as defined above) , and all representations, warranties, conditions, terms and statements as regards the same express or implied statutory or otherwise are excluded, and the Company is under no further liability in contract, tort or otherwise in respect thereof.

  • Even after marriage, women retain practical responsibilities for their patrilineal kin-group including mediating on inheritance issues despite being unable to inherit themselves (Portier & Slaats, 1987).

  • In addition, the Vendor shall return all monies paid by the Purchasers, including without limitation the Equity Deposit and the Loan Deposit together with interest accrued thereon, within five working days after the expiry of the Equity Exclusivity Period.

  • Note, the examples do not include any opportunity cost for having to make the 6% Equity Deposit for the JAK loan.The first obvious comparison, which most people make, is simply for a loan of the same size.

  • Approval ConditionThe EFA and the Equity Transfer Agreement(s) shall be terminated and the Vendor shall pay 200% of both the Equity Deposit and the Loan Deposit (the “ Prescribed Compensation”) to the Purchasers together with other monies paid by the Purchasers within five working days after the termination of the EFA and the Equity Transfer Agreement(s).

  • For example, if the Vendor defaults in payment of monies payable by it under the EFA, such as returning the Equity Deposit and/or the Loan Deposit to the Purchasers, the Vendor is obliged to pay an additional amount equivalent to 0.03% of the amount it is otherwise obliged to pay for each day during the continuance of the default.

  • The Fiscal Agent shall deposit the Borrower Equity Deposit, if any, into the Borrower Equity Account of the Project Loan Fund, as well as any additional amounts delivered from time to time to the Fiscal Agent and directed by the Borrower or Servicer to be deposited therein (excluding any proceeds of the Governmental Note), as provided in Section 2.11(c) hereof.


More Definitions of Equity Deposit

Equity Deposit means a pledge agreement in form and substance reasonably satisfactory to the Owner Participant of U.S. Government Obligations, which provide for payments in amounts equal to the Equity Portion of Basic Rent and, in the event the Purchase Option is exercised, the installments of Purchase Option Price (with such payments being payable on or prior to the applicable due dates therefore under the Lease).
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Equity Deposit means the deposit in the amount of RMB167,000,000 paid by the Purchasers into the Equity Escrow Account pursuant to the EFA;
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Related to Equity Deposit

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Performance Bank Guarantee/ Security Deposit means interest free amount to be deposited by the Contractor with NMRC as per terms and conditions of Contract Agreement as a security against the performance of the Contract agreement

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Indemnity Escrow Amount means $5,000,000.

  • Initial Reserve Account Deposit means $3,000,000.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.