Extraordinary Funding definition

Extraordinary Funding is defined in Section 5.1(c) hereof.
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Extraordinary Funding means any disbursement to Issuer or any Wholly-Owned Subsidiary in connection with the incurrence of Indebtedness or the procurement of equity financing by such entity except those arising from the following: (a) the issuance of Indebtedness permitted by
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Extraordinary Funding means one or more grants paid by Yukon to a Municipality for an infrastructure project the cost of which exceeds one and a half times the Comprehensive Municipal Grant in the financial year when the Extraordinary Grant is paid.
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Examples of Extraordinary Funding in a sentence

  • If any Partner (a “Defaulting Partner”) fails to make any Additional Capital Contribution or Extraordinary Funding which it is required to make under this Section 5.1 by the due date therefor, then any non-defaulting Partner shall not be permitted to make such Additional Capital Contribution or Extraordinary Funding, but may, at its election, make a loan to the Partnership (a “Priority Loan”) in an amount equal to the amount that Additional Capital Contribution or Extraordinary Funding required.

  • Except as provided in this Section 5.1, (i) no Partner shall be obligated to make any Additional Capital Contribution or Extraordinary Funding to the Partnership and (ii) any Additional Capital Contribution or Extraordinary Funding shall be made by the Partners in proportion to their respective Percentage Interests as determined at the time of the Capital Call or Extraordinary Call.

  • Each Extraordinary Funding shall be made as a supplementary capital contribution by the Partners to the Partnership (any such contribution, an “Extraordinary Capital Contribution”).

  • Except as provided in this Section 5.1, (i) no Partner shall be obligated to make any Additional Capital Contribution, Extraordinary Funding or Partnership Overhead Contribution to the Partnership and (ii) any Additional Capital Contribution, Extraordinary Funding or Partnership Overhead Contribution shall be made by the Partners in proportion to their respective Percentage Interests as determined at the time of the Capital Call, Extraordinary Call or Partnership Overhead Contribution.

  • An Extraordinary Funding may be made by agreement of the Members either as a loan by the Members to the Company (any such loan, an "EXTRAORDINARY LOAN") or a supplementary capital contribution by the Members to the Company (any such contribution, an "EXTRAORDINARY CAPITAL CONTRIBUTION").

  • A Partner’s share of any Extraordinary Funding shall be made as a supplementary Capital Contribution by such Partner to the Partnership (any such contribution, an “Extraordinary Capital Contribution”).

  • Except as provided in this Section 5.1, (i) no Member shall be obligated to make any Additional Capital Contribution or Extraordinary Funding to the Company and (ii) any Additional Capital Contribution or Extraordinary Funding shall be made by the Members in proportion to their respective Percentage Interests as determined at the time of the Capital Call or Extraordinary Call.

  • In no event shall any amounts advanced by the Managing General Partner be deemed to constitute a Capital Contribution of such Managing General Partner, unless and except to the extent that the amount advanced becomes an Extraordinary Funding that is approved (or deemed approved) by the Other General Partner in accordance with this Section 5.1(c), and such amount is deemed to constitute the Managing General Partner’s and/or its Related Partner’s Extraordinary Capital Contribution hereunder.

  • An Extraordinary Funding may be made by agreement of the Members either as a loan by the Members to the Company (any such loan, an "Extraordinary Loan") or a supplementary capital contribution by the Members to the Company (any such contribution, an "Extraordinary Tranche II Capital Contribution").

  • If the Fund elects to approve an Extraordinary Call, then each Member shall be required to fund an amount equal to the amount determined by multiplying such Member's Percentage Interest by the amount set forth in such approved Extraordinary Call (each such Extraordinary Call required to be funded hereunder, an "Extraordinary Funding").


More Definitions of Extraordinary Funding

Extraordinary Funding is defined in Section 5.1(c)(i) hereof.
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Extraordinary Funding means any disbursement to Issuer or any Wholly-Owned Subsidiary in connection with the incurrence of Indebtedness or the procurement of equity financing by such entity except those arising from the following: (a) the issuance of Indebtedness permitted by SECTION 7.06 ; (b) the issuance of stock, or options or warrants to purchase stock, of the Issuer to any employee, officer or director of the Issuer or the Guarantors pursuant to Plans or compensation arrangements entered into in the ordinary course of business and approved by the Board of Directors of the Issuer or such Guarantor, or payments, contributions or transactions relating to the purchase or exercise thereof; or (c) the exercise of warrants, on or before August 5, 1998, to purchase 90,000 shares and 60,000 shares of Common Stock by Ladenburg, Thal▇▇▇▇ & ▇o. and Advest, respectively, issued in connection with the Issuer's initial public offering. EXECUTION COPY
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