Examples of New Shareholder Injections in a sentence
Therefore I have chosen to engage in a form of practical theology through this interview process to explore with the clergywomen participants aspects of their own spirituality and praxis.
In fact, 2008 ranked as the fourth wettest year on record in Joplin, Mo., the fifth wettest on record in Springfield, Mo., and West Plains, Mo., and the sixth wettest in Rolla-Vichy, Mo. Each of these locations received more than 50 inches of precipitation, greater than 12 inches above the normal annual precipitation.
If the Issuer fails (or would otherwise fail) to comply with the Leverage Ratio set out in paragraph (b) of Clause 14.4.1 for any Relevant Period, and within 25 Business Days of delivery of the compliance certificate for that Relevant Period, the Issuer receives net cash proceeds from any New Shareholder Injections (a “Cure Amount”), then the Leverage Ratio shall be recalculated giving effect to a pro forma adjustment by reducing Total Interest Bearing Debt by the Cure Amount.
The contribution of New Shareholder Injections (or, as applicable, the application of unspent Overcure Amounts) may only be made for the purpose of effecting a cure of a Financial Covenant breach a maximum of three times over the life of the Facilities and not in consecutive Relevant Periods (without prejudice to a relevant New Shareholder Injection continuing to be included as Cashflow on each of the subsequent three Quarter Dates in accordance with paragraph (b)(v) above).
New Shareholder Injections means the aggregate amount of New Equity and/or any subordinated debt investment made by the Parent (subordinated on terms of the Intercreditor Agreement or otherwise satisfactory to the Majority Lenders and assigned to the Security Agent by way of security) whether prior to, on or after the Initial Utilisation Date (but if made prior to the Initial Utilisation Date, only to the extent not applied on the Initial Utilisation Date in accordance with the Funds Flow).