Examples of New Equity Contribution in a sentence
In performing its activity, CIE Automotive is exposed to a variety of risks inherent to the different business activities in which it engages and to the countries in which they are carried out.
Prior to the first occupation of any dwelling, school or other building, the roads, footways and cycleways shall be constructed to at least binder course surfacing level from the dwelling to the adjoin County road in accordance with details approved in writing by the Local Planning Authority in consultation with the Local Highways Authority.
Proceeds of such Causes of Action, if any, shall be distributed as follows: (a) first to holders of Allowed Claims in accordance with the RCG Plan until those Allowed Claims are paid in full, and (b) then, to RCG, to reimburse it for the $525,000 New Equity Contribution provided to the Estate on the Effective Date to fund this RCG Plan.
No later than 10 Business Days prior to the Confirmation Hearing, RCG will deposit the New Equity Contribution with its counsel, Locke Lord LLP (“Locke Lord”), in Locke Lord’s client-trust account, as a means of allowing the Court to verify that the New Equity Contribution is available to fund the RCG Plan if confirmed.
All Cash necessary for RCG to make payments of Cash pursuant to the RCG Plan shall be obtained from the following sources: (a) the Debtor’s Cash on hand; (b) the $525,000 New Equity Contribution to be provided by RCG on the Effective Date; and (c) proceeds from Causes of Action.