Common use of Certification of Available Equity Commitment Clause in Contracts

Certification of Available Equity Commitment. Borrower shall have delivered to Administrative Agent a certificate of a Responsible Officer of Borrower, dated as of the Credit Event Date, setting forth the calculation of the Available Equity Commitment (as contemplated by Section 3.15.4) after giving effect to the crediting of such Alternatively Sourced Equity Contributions. Such calculation shall be deemed to be correct unless the Majority Banks object thereto in writing within 15 Banking Days after receipt by Administrative Agent of the applicable certificate.