Common use of Base Equity Commitment Clause in Contracts

Base Equity Commitment. The Equity Contributor irrevocably commits to provide Base Equity in the aggregate amount of (i) 27% of all Eligible Base Project Costs, plus (ii) 100% of all Ineligible Base Project Costs.

Appears in 2 contracts

Sources: Equity Funding Agreement, Equity Funding Agreement (Solyndra, Inc.)