Equity Contribution Account definition

Equity Contribution Account shall have the meaning set forth in the Collateral Agency Agreement.
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Equity Contribution Account has the meaning set forth in Section 5.24.
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Equity Contribution Account means, with respect to each Class of Units held by each Member only and at any time, the aggregate amount contributed by such Member to the capital of the Company pursuant to Section 3.01 with respect to such Member’s Units of such Class at or before such time, reduced by any Cash Flow distributed to such Member pursuant to Section 5.01(b) or 5.01(c) before such time to the extent attributable to such Member’s Units of such Class.
Sample 1

Examples of Equity Contribution Account in a sentence

  • The Company will credit to each Eligible Employee's Retirement Equity Contribution Account the amount of that Eligible Employee's Eligible Compensation reduction contributions under this Section 3.1.

  • The Company will maintain on its books a Retirement Equity Contribution Account and a Supplemental Employer Matching Account for each Eligible Employee, to which shall be credited, as appropriate, Eligible Compensation reduction contributions under Section 3.1, matching employer contributions under Section 4.1 and interest as provided in Section 7.2.

  • The Parent, the Parent Shareholder and the Borrower each represent and warrant to the other that, from January 1, 1999 through the Amendment No. 3 Effective Date, (i) the Parent Shareholder has made Equity Contributions to the Parent in the amount of not less than U.S. $65,500,000, and (ii) from the proceeds of such Equity Contributions to the Parent, the Parent has either deposited the same in the Equity Contribution Account or made Equity Contributions to the Borrower.

  • Each of the Agent Accounts shall be segregated from each other and assets maintained in the Agent Accounts are owned beneficially by the Borrower, subject to the terms and conditions of this Agreement and the Account Control Agreements; provided that funds held in the Company Equity Contribution Account, Term A Loan Proceeds Account and the Revolving Loan Proceeds Account may be transferred into the Operating Account to be utilized in accordance with sub-clauses (a)-(e) of this Section 6.07.

  • Sponsor shall have funded $26,977,438 into the Equity Contribution Account.

  • The Parent undertakes to the Borrower and the Finance Parties that the Initial Equity Contribution shall be paid in full into the Equity Contribution Account on or prior to the delivery of the first Utilisation Request.

  • On the Closing Date, the General Partner shall make the General Partner Equity Contribution to the Partnership and the General Partner's Equity Contribution Account shall be credited with the amount of such Contribution.

  • At such times, if ever, as the Borrower shall not be In Balance, either: deposit or cause to be deposited in the Borrower Equity Account or, at the Borrower’s election but subject to the maximum amount permitted to be deposited therein pursuant to the Depository Agreement, the Supplemental Equity Contribution Account, in cash, funds in an amount that would cause the Borrower to be In Balance.

  • From time to time, the Company may submit an In Balance Certificate to the Disbursement Agent, certifying that the Company is, and after the withdrawal of a specified amount of funds then on deposit in the Supplemental Equity Contribution Account (the “Excess Funds”) will be, In Balance.

  • On or prior to the date that is nine (9) Business Days prior to the Requested Advance Date, the Borrower shall cause Equity Contributions to be allocated from the Approved Pre-Closing Equity Credit, disbursed from the Equity Contribution Account or contributed in cash in an aggregate amount such that, after giving effect to all Advances to be made on such Requested Advance Date, the Debt-to-Equity Contribution Ratio is not more than 79:21.


More Definitions of Equity Contribution Account

Equity Contribution Account means account number H10-740-047169 of the Borrower held with the Depositary Bank or such other financial institution as the Borrower may from time to time select. “Equity Interests” means, with respect to any Person, all of the shares, interests, rights, participations or other equivalents (however designated) of capital stock of (or other ownership or profit interests or units in) such Person and all of the warrants, options or other rights for the purchase, acquisition or exchange from such Person of any of the foregoing (including through convertible securities). “Equity Overfunding Event” occurs when (a) the sum of (i) the balance of cash and Cash Equivalents credited to the Equity Commitment Account and (ii) all Available Draw Amounts in 166 KE 73718588.20 US-DOCS\142539518.2141222994.8 respect of all Equity Commitment L/Cs exceeds the Minimum Equity Contribution Amount and (b) such cash and Cash Equivalents in excess of the Minimum Equity Contribution Amount does not constitute Acceptable Credit Support. “Equity Sale” means a Disposition of the Equity Interests owned by the Borrower in the Double E Joint Venture. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time. “ERISA Affiliate” means (a) any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code, or solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code or (b) any entity (whether or not incorporated) that is under common control within the meaning of Section 4001(a)(14) of ERISA with the Borrower. “ERISA Event” means (a) a Reportable Event; (b) a withdrawal by the Borrower or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan; (d) the filing by the PBGC of a notice of intent to terminate any Pension Plan, the treatment of a Pension Plan or Multiemployer Plan amendment as a termination under Section 4041 or Section 4041A of ERISA, respectively, or the commencement of proceedings by the PBGC to terminate a Pension Plan or Multiemployer Plan; (e) an event or co...
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Equity Contribution Account means account number [***] of the Borrower held with the Depositary Bank or such other financial institution as the Borrower may from time to time select.
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Equity Contribution Account means the Collateral Account so named in the Undertaking and Security Agreement.
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Equity Contribution Account has the meaning set forth in the Depositary Agreement.
Sample 1

Related to Equity Contribution Account

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Equity Contribution has the meaning assigned to such term in the Recitals to this Agreement.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Investment Account As defined in Section 3.12(a).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2005-5, Home Equity Pass-Through Certificates, Series 2005-5. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Eligible Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.