Equity Support. 25.2.1 Subject to the conditions specified in this Clause 25.2, the Grant shall be credited to the Escrow Account and shall be applied by the Concessionaire for meeting the Total Project Cost (the “Equity Support”).
Equity Support if, on 31st December, 2001, the ratio of the Borrowings of the Borrower to its Net Worth is in excess of 1:1, each Shareholder shall (without demand by the Borrower, the Agent or any Bank) severally provide Shareholder Funding to the Borrower within 14 days after that date in an amount equal to its Equity Commitment Percentage of the difference between (a) S$720,000,000 and (b) the aggregate amount of Shareholder Funding immediately prior to the provision of Shareholder Funding by that Shareholder on that date; and
Equity Support. (a) Each Shareholder shall procure, provide and maintain in full force and effect a guarantee and/or the equity support instruments required from such Shareholder as set forth below (each such instrument, “Required Equity Support”):
Equity Support. (i) Clause 16.22 (CRI LETTER OF CREDIT) of the Loan Agreement is deleted in its entirety and the following new clause 16.22 (EQUITY SUPPORT TRANSACTION) is inserted in its place: "Clause 16.22 (EQUITY SUPPORT TRANSACTION) The Borrower shall make best efforts to procure that the Rights Offering is concluded on or prior to 30 June 2000 and that the Principal Stockholders comply with and perform their obligations and liabilities under the Equity Support Agreements. The Borrower shall procure that the proceeds (if any) of any Rights Offering and the payments (if any) made under any of the Equity Support Agreements are paid directly into the CRI Disbursement Account.".
Equity Support. Each letter of credit required under the Equity Contribution Agreement shall be reasonably satisfactory in all material respects to the Senior Parties, and such letters of credit shall be in full force and effect.
Equity Support if, on 31st December, 2001, the ratio of the Borrowings of the Borrower to its Net Worth is in excess of 1:1, each Shareholder shall
Equity Support. (a) On or prior to the Closing Date, the Sponsor shall cause the Equity Support Balance to be equal to the Required Equity Support Amount either by (A) delivering to the First Lien Collateral Agent an Equity Support Letter of Credit in a stated face amount equal to the Required Equity Support Amount or (B) causing funds to be deposited into, or credited to the Sponsor Funding Account in an aggregate amount equal to the Required Equity Support Amount.
Equity Support. 14.2.1. Subject to the conditions specified in this Clause 14.2, the Grant shall be credited to the Escrow Account and shall be applied by the SPC for meeting the capital cost of Mandatory Capital Works (the “Equity Support”).
Equity Support. 25.2.1 Subject to the conditions specified in this Clause 25.2, the funds raised by the Concessionaire through development of the said land/other revenue sources shall be credited in the Escrow Account and shall be applied by the Concessionaire for meeting the Total Project Cost (the “Equity Support”).
Equity Support
