Extract to table

(g) Capitalized terms used but not otherwise defined in this Commitment Letter shall have the meanings ascribed to such terms in the Operating Agreement

In the event of any inconsistency between the definitions set forth herein and those set forth in the Operating Agreement, the Operating Agreement shall control, except as expressly provided in Section 11 hereof

Certified copies of such resolutions, together with a certificate of the Secretary of Fairwater attesting to the due adoption thereof and the incumbency and authority of the officers executing this Commitment Letter and the other transaction documents (collectively, the "Secretary's Certificate"), are available upon request and shall be delivered as part of the closing deliverables in accordance with the closing procedures set forth in the JV Agreement

1 Initial Capital Call At the closing of the initial equity funding and land acquisition for the Project (the target date for which is January 30, 2026, or such other date as may be agreed upon by the members in accordance with the Operating Agreement) (the "Initial Closing"), Fairwater shall fund, through Fairwater HP Manager, LLC, its pro rata share of the initial capital call

The initial capital call shall equal twenty-five percent (25%) of total JV equity, or Sixty Million Dollars ($60,000,000) in the aggregate

The allocation of the initial capital call among the members is as follows: Accordingly, at the Initial Closing, Fairwater shall cause Fairwater HP Manager, LLC to fund Eighteen Million Dollars ($18,000,000) to the JV by wire transfer of immediately available funds to such account or accounts as shall be designated by the Managing Member in the capital call notice