Equity Financing Facility definition

Equity Financing Facility or “EFF” means the funding mechanism through which the Borrower shall provide EFF Grants (as hereinafter defined) for Beneficiaries for the purposes of Part A.3 of the Project;
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Examples of Equity Financing Facility in a sentence

  • The Company is obligated to pay the Investor a non-refundable origination fee equal to TWO THOUSAND FIVE HUNDRED DOLLARS ($2,500) which will be paid immediately upon execution of the Drawdown Equity Financing Facility term sheet and FIVE THOUSAND DOLLARS ($5,000) in cash which will be taken out of the proceeds of the first Drawdown.

  • On 15 July 2014 the Company announced that it had raised £1,171,800 or $2,131,560 before expenses, estimated at $127,894, with a placement utilising the Company’s 15% placement capacity under ASX Listing Rule 7.1 of 18,600,000 shares at 6.3 ▇▇▇▇▇ or 11.46 cents per share, via a drawdown on the Equity Financing Facility (“EFF”) negotiated with Darwin Strategic Limited (“Darwin”).

  • The Parties further acknowledge that they have no rights against each other or obligations to each other under this Agreement with respect to any relationship between the Parties in which Pacific Gas and Electric Company is acting in any capacity other than a Central Procurement Entity, including as a load serving entity, electric procurement and electric fuel function, participating transmission owner or utility distribution company.

  • The Company is obligated to pay the Investor a non-refundable origination fee equal to Two Thousand Dollars ($2,000) which will be paid immediately upon execution of the Drawdown Equity Financing Facility term sheet and Eight Thousand Dollars ($8,000) in cash which will be taken out of the proceeds of the first Drawdown.

  • In December 2013 the Company announced it had secured a £7.5 million, three year Equity Financing Facility (“EFF”) with Darwin Strategic Limited (“Darwin”).

  • The number of shares currently available for resale pursuant to the Registration Statement on Form S-1 for the Drawdown Equity Financing Facility is .

  • The Company has paid the Investor a non-refundable origination fee equal to Fifteen Thousand Dollars ($15,000) which will be paid immediately upon execution of the Drawdown Equity Financing Facility term sheet.

  • Subsequent to year end the Company strengthened its financial position by announcing a drawdown of the Equity Financing Facility with Darwin to raise $2.1 million before expenses through the issue of 18.6 million shares as well as raising a further $1 million before expenses through the conversion of 7 million listed options.

  • The Company is obligated to pay the Investor a non-refundable origination fee equal to Seven Thousand Five Hundred Dollars ($7,500) which will be paid immediately upon execution of the Drawdown Equity Financing Facility term sheet and Seven Thousand Five Hundred Dollars ($7,500) in cash which will be taken out of the proceeds of the first Drawdown.

  • In December 2013 the Company secured a £7,500,000 three year Equity Financing Facility (“EFF”) with Darwin Strategic Limited (“Darwin”).