Required Equity Amount definition
Examples of Required Equity Amount in a sentence
Borrowers shall have furnished to Lender evidence in form and content reasonably satisfactory to Lender that Borrowers have contributed the Required Equity Amount.
An aggregate amount at least equal to the Required Equity Amount shall have been contributed to the Borrowers and shall remain contributed and have been applied or used for Permitted Uses by the Borrowers.
While it is anticipated that Sponsor and Dubai World will each fund 50% of the Required Equity Amount, Sponsor shall be responsible to timely fund the full Required Equity Amount (but without an obligation to exceed its Equity Commitment) in the event Dubai World fails to fund all or any part of its portion of the Required Equity Amount.
Borrower have made a cash investment towards the acquisition of the Real Property and the Facilities of not less than Closing Date Required Equity Amount.
With respect to any Loan, the Person or Persons obligated to make payments pursuant to such Loan, including any guarantor thereof; provided that, solely for purposes of calculating the Excess Concentration Amount, the Large Loan Concentration Limit, the Large Loan Limit and the Required Equity Amount, all Loans included in the Collateral with respect to an Obligor and any of its Affiliates shall be treated as Loans of such Obligor.