Definition of Pre-Closing Equity Contributions


Pre-Closing Equity Contributions means equity contributions and/or Intercompany Contribution Indebtedness made by Wynn Resorts or any of its Affiliates (other than Borrower or its Restricted Subsidiaries) to Borrower and its Restricted Subsidiaries prior to the Closing Date in the amount of $260.0 million.
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Examples of Pre-Closing Equity Contributions in a sentence

The Equity Contributions with respect to such Advance required pursuant to Section 4.1 shall have been fully funded (through allocations of Pre-Closing Equity Contributions (solely on the Closing Date) or Post-Closing Equity Contributions, as the case may be), and the proceeds thereof shall have been received by Equipment Supplier.
Borrower shall, on the Closing Date, request an Advance, in accordance with the provisions of Section 2 and in an amount up to an amount such that, after giving effect to all Advances and the Equity Contributions made on or prior to the Closing Date, the Debt to Equity Ratio is not greater than 85:15, as reimbursement for any portion of (but not exceeding) Pre-Closing Equity Contributions applied to the payment of the German Contract Price Eligible Portion or the Non-German Contract Price Eligible Portion.
Borrower shall, on the Closing Date, request an Advance, in accordance with the provisions of Section 2 and in an amount up to an amount such that, after giving effect to all Advances and the Equity Contributions made on or prior to the Closing Date, the Debt to Equity Ratio is not greater than 85:15, as reimbursement for any portion of (but not exceeding) Pre-Closing Equity Contributions applied to the payment of the Contract Price Eligible Portion.
The Agent shall have received, on or before the Closing Date, satisfactory evidence that the Borrower has received (a) the Pre-Closing Equity Contributions, and (b) the PICO Equity Contribution by deposit into a Deposit Account which is subject to a Deposit Account Control Agreement.
Such amounts of Equity Contributions to the Parent and to the Borrower referred to in this Section 2(b) are herein referred to as the "Pre-Closing Equity Contributions".