Required Equity Contribution definition

Required Equity Contribution shall have the meaning assigned to such term in Section 2.1(a).
Required Equity Contribution means FORTY-NINE MILLION, NINE HUNDRED NINETY-FIVE THOUSAND, FIFTY-SEVEN AND NO/100THS DOLLARS ($49,995,057.00).
Required Equity Contribution. As of any date of determination prior to the Termination Date, an Equity Contribution in an amount equal to the greater of (x) $105,000,000 and (y) the sum of the Outstanding Loan Balances of Eligible Loans to the six Obligors representing the greatest portion of the Aggregate Outstanding Loan Balance.’

Examples of Required Equity Contribution in a sentence

  • Opal Fuels and GFL shall have contributed to the Borrower the Required Equity Contribution for the Emerald RNG Project in accordance with the Construction Budget for the Emerald RNG Project, and the Independent Engineer shall have provided a certificate, in form and substance reasonably acceptable to the Lenders, confirming the same.

  • Opal Fuels and GFL shall have contributed to the Borrower the Required Equity Contribution for the Sapphire RNG Project in accordance with the Construction Budget for the Sapphire RNG Project, and the Independent Engineer shall have provided a certificate, in form and substance reasonably acceptable to the Administrative Agent, confirming the same.

  • Opal Fuels and GFL shall have contributed to the Borrower the Required Equity Contribution for such Incremental Project in accordance with the Construction Budget for such Incremental Project, and the Independent Engineer shall have provided a certificate, in form and substance reasonably acceptable to the Required Lenders, confirming the same.


More Definitions of Required Equity Contribution

Required Equity Contribution means the greater of (x) the positive difference between the aggregate amount of historical and projected Project Costs (including the Contingency) set forth in the then-applicable Construction Budget minus the sum of the Tranche A Loan Amount and the Tranche B Loan Amount and (y) 20% of the aggregate amount of historical and projected Project Costs (including the Contingency) set forth in the then-applicable Construction Budget.
Required Equity Contribution means Three Hundred Sixty-One Thousand Three Hundred Seventeen Dollars ($361,317) to be provided by the Company in cash to pay a portion of the Allowable Innovation Costs of the Project.
Required Equity Contribution. As of any date of determination prior to the Termination Date, an amount equal to $115,000,000.
Required Equity Contribution has the meaning given in the Equity Contribution Agreement.
Required Equity Contribution means unrestricted capital contributions to the Borrower on terms and conditions acceptable to the Required Lenders, of which (a) at least $10,000,000 shall have been contributed to the Borrower by the Parent in cash on or before the First Amendment Effective Date, and (b) an additional amount of at least $15,000,000 shall be contributed to the Borrower in cash on or before May 29, 2009.
Required Equity Contribution means the Initial Equity Contribution.
Required Equity Contribution means the equity contributions to be made to the Borrower on the Closing Date for Project Costs in the aggregate total amount of four million Dollars ($4,000,000).