Examples of Contribution Notice in a sentence
All Cash contributed to the Borrower shall be treated as Principal Proceeds, except to the extent that the Servicer specifies in the Contribution Notice that such Cash shall constitute Interest Proceeds and shall be deposited into a Collection Account in accordance with Section 8.02 as designated by the Servicer.
Within three (3) Business Days of delivery of the Redemption Notice, Pubco shall give written notice (the “Contribution Notice”) to the Company (with a copy to the Redeeming Member) of its intended settlement method; provided that if Pubco does not timely deliver a Contribution Notice, Pubco shall be deemed to have elected the Share Settlement method.
The AIFM shall ensure that the Contribution Date is at least 10 Business Days from and including the date of delivery of the Contribution Notice.
The AIFM shall use commercially reasonable efforts to ensure that the Contribution Date with respect to the amount of such increase shall be at least 5 calendar days after the date such Contribution Notice is issued.
Following a Default in respect of which Unfunded Contributions were paid (the " First Default"), the Clearing House may require the payment of further Unfunded Contributions in respect of subsequent Defaults, (which, for the avoidance of doubt, can never be a First Default), provided that Unfunded Contributions will not be payable in respect of any more than three Defaults in any six month period (commencing on the date of delivery of the first Unfunded Contribution Notice in respect of the First Default).