Common use of Increase in capital Clause in Contracts

Increase in capital. Increase the capital of Borrower or any Guarantor by transferring assets among Borrower and Guarantors or Borrower's Affiliates to Borrower and Guarantor, provided that nothing herein shall prohibit the purchase of additional equity interests from, or the making of a capital contribution to, Borrower by any parent of Borrower that is also a Guarantor.

Appears in 2 contracts

Sources: Credit Agreement (Black Amber Florida, Inc.), Credit Agreement (Ashton Houston Residential L.L.C.)

Increase in capital. Increase the capital of Borrower or any Guarantor by transferring assets among Borrower and Guarantors or Borrower's Affiliates to Borrower and Guarantor, provided that nothing herein shall prohibit the purchase of additional equity interests from, or the making of a capital contribution to, Borrower by any parent of Borrower that is also a Guarantor.

Appears in 1 contract

Sources: Credit Agreement (Ashton Houston Residential L.L.C.)