Initial Equity Capital Contribution definition

Initial Equity Capital Contribution means the Capital Contribution to be made by the Investor on the Initial Closing Date.

Examples of Initial Equity Capital Contribution in a sentence

  • Schedule 3.1(u) lists all Material Contracts to which the Company, MWCI or the Project Company is a party as of the date of the Initial Equity Capital Contribution.

  • The effectiveness of this Agreement is subject to the occurrence of the Initial Equity Capital Contribution Date pursuant to the Contribution Agreement.

  • Schedule 4.2(d) to Company LLC Agreement Initial Capital Account Member Name and Address Capital Account Balance Percentage Interest or Pro Rata Share of each Class of Membership Interests Milford NHC, LLC (Class A) $ ***** ** 100 % Xxxxxxx Equity Trading Delaware LLC (Class B) $ 2,500,000 ** 100 % ** The Initial Equity Capital Contribution Amount, plus any previous capital contributions.

  • The Parties intend, for federal income tax purposes, that the Purchase is an acquisition of the Class B Interests by the Class B Members, the Initial Equity Capital Contribution by the Class B Member is a contribution to the Company described in Section 721 of the Code and the Class A Member is contributing all of the assets of the Project Company in a transaction described in Section 721 of the Code.

  • Mr. David Merriman, Director of the Department of Health and Human Services; Mr. Porter; Mr. Simeon Best, Director of the Office of Reentry; Mr. Fred Bolotin, Social Program Administrator with the Office of Reentry; and Mr. Marcus Bell, Program Services Supervisor with North Star Neighborhood Reentry Resource Center, addressed the Committee regarding Resolution No. R2021-0280.

  • If for any reason, (i) the Initial Equity Capital Contribution Date (as defined in the ECCA) shall not have occurred on or before January 30, 2009, or (ii) the Class A Investor and/or the Class B Investor shall fail to make the Class A Initial Equity Capital Contribution or Class B Initial Equity Capital Contribution (as each of those terms are defined in the ECCA) on or before February 5, 2009, or (iii) the ECCA is terminated.

  • The Class A Equity Investors have been provided with true and correct copies of the certificate of formation of each of Noble Holdco, the Company and the Project Companies, and the limited liability company agreement of each of Noble Holdco, the Company and the Project Companies as in effect on the Execution Date and immediately prior to the Class A Equity Investors making their Equity Capital Contributions on the Initial Equity Capital Contribution Date.

  • For the avoidance of doubt, the “Bloomberg” calculation shall be used for purposes of calculating VWAP.

  • Except for the Principal Project Documents, as of the Initial Equity Capital Contribution Date, each contract, arrangement or agreement relating to the Wind Farms between or among any of the Company and the Project Companies, on the one hand, and any of Noble Holdco, the Company, the Project Companies, Guarantor, and Guarantor’s Affiliates, on the other hand, was entered into at arms’ length and on customary commercial terms and conditions.

  • The Financial Statements of each Project Company delivered to the Class A Equity Investors, as of the Initial Equity Capital Contribution Date, present fairly in all material respects the financial position of such Project Company as of the date of such Financial Statements, and no material change in the financial position of such Project Company has occurred after the date of such Financial Statements.

Related to Initial Equity Capital Contribution

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.

  • Additional Capital Contributions shall have the meaning set forth in Section 5.3.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Capital Contributions means, with respect to any Member, the amount of money (US Dollars) and the initial Gross Asset Value of any assets or property (other than money) contributed by the Member (or such Member’s predecessor in interest) to the Company (net of liabilities secured by such contributed property that the Company is considered to assume or take subject to under Code Section 752) with respect to the Units in the Company held or purchased by such Member, including additional Capital Contributions.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1 of the Agreement.

  • Capital Distribution means, with respect to any Person, a payment made, liability incurred or other consideration given for the purchase, acquisition, repurchase, redemption or retirement of any Equity Interest of such Person or as a dividend, return of capital or other distribution in respect of any of such Person’s Equity Interests.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Capital Contribution means any cash, cash equivalents or the Net Agreed Value of Contributed Property that a Partner contributes to the Partnership.

  • Principal Funding Account Balance means, with respect to any date of determination, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Equity Contribution has the meaning assigned to such term in the Recitals to this Agreement.

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Economic Capital Account Balances has the meaning set forth in Section 5.01(g) hereof.

  • Special Equity Interest means any Equity Interest that is subject to a Lien in favor of creditors of the issuer of such Equity Interest provided that (a) such Lien was created to secure Indebtedness owing by such issuer to such creditors, (b) such Indebtedness was (i) in existence at the time the Obligors acquired such Equity Interest, (ii) incurred or assumed by such issuer substantially contemporaneously with such acquisition or (iii) already subject to a Lien granted to such creditors and (c) unless such Equity Interest is not intended to be included in the Collateral, the documentation creating or governing such Lien does not prohibit the inclusion of such Equity Interest in the Collateral.

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.