Equity definition clarifies inclusion of paid-up capital, compulsorily convertible instruments and interest-free shareholder funds, and excludes equity support. Equity means the paid up equity share capital of the Concessionaire for meeting the equity component of the Total Project Cost, and includes convertible instruments or similar capital which shall compulsorily convert into equity share capital, and any interest free funds advanced by any shareholder for meeting such equity component, but does not include Equity Support.