Required Additional Contribution definition

Required Additional Contribution means any or all of the First Required Additional Contribution, the Second Required Additional Contribution, the Third Required Additional Contribution, the Fourth Required Additional Contribution and the Fifth Required Additional Contribution.
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Examples of Required Additional Contribution in a sentence

  • If the Issuing Lender has not received the officer’s certificate of the Borrower described in the immediately preceding sentence and the Issuing Lender has delivered an Acceleration Notice before March 1, 2012, then the Facility Maturity Date shall be accelerated to April 1, 2013 effective on the First Required Additional Contribution Date and shall remain effective until the Letter of Credit is terminated pursuant to the terms of this Agreement.

  • If the Issuing Lender has not received the officer’s certificate of the Borrower described in the immediately preceding sentence and the Issuing Lender has delivered an Acceleration Notice before March 1, 2014, then the Facility Maturity Date shall be accelerated to April 1, 2015 effective on the Third Required Additional Contribution Date and shall remain effective until the Letter of Credit is terminated pursuant to the terms of this Agreement.

  • The Borrower shall promptly provide a written notice to the Issuing Lender upon any (i) receipt of the First Required Additional Contribution, (ii) receipt of the Second Required Additional Contribution and the Third Required Additional Contribution, (iii) receipt of the Fourth Required Additional Contribution and (iv) receipt of the Fifth Required Additional Contribution, and any such notice shall include the dates on which such contributions were received by the Borrower.

  • The Management Committee shall give notice of all Required Additional Contribution for new ventures or current operating entities thirty (30) days prior to the date for the payment of the Required Additional Contribution, except in the event of an emergency, in which case notice may be given within five (5) days prior to the date of payment.

  • The Management Committee shall give notice of all Required Additional Contribution by H▇▇▇▇▇▇▇ Digicom, Inc.

  • The First Required Additional Contribution shall have been paid by or on behalf of PLC to the Borrower at least forty (40) calendar days prior to the First Required Additional Contribution Date and, if applicable, the Second Required Additional Contribution shall have been paid by or on behalf of PLC to the Borrower at least forty (40) calendar days prior to the Second Required Additional Contribution Date.

  • Any such extension of the Facility Maturity Date shall automatically become effective on the First Required Additional Contribution Date, unless the Reinsurance Trustee has received a Non-Extension Notice from the Issuing Lender before March 1, 2012, and shall remain effective until the Facility Maturity Date is further extended or the Letter of Credit is terminated pursuant to the terms of this Agreement.

  • Any such extension of the Facility Maturity Date shall automatically become effective on the Third Required Additional Contribution Date, unless the Reinsurance Trustee has received a Non-Extension Notice from the Issuing Lender before March 1, 2014, and shall remain effective until the Letter of Credit is terminated pursuant to the terms of this Agreement.

  • The Borrower shall promptly provide a written notice to the Issuing Lender upon any (i) receipt of the First Required Additional Contribution and (ii) receipt of the Second Required Additional Contribution and the Third Required Additional Contribution, and any such notice shall include the dates on which such contributions were received by the Borrower.

  • There shall be a cure period of five (5) days after the Due Date for each Partner to contribute its Required Additional Contribution, as provided in Section 2.2.2.