Common use of Buyer's Capital Structure Clause in Contracts

Buyer's Capital Structure. As of the Closing Date, Buyer shall have equity in an amount which represents at least thirty percent (30%) of the sum of Buyer’s Liabilities for borrowed money (excluding any Assumed Liabilities) plus all equity, but in any event equity of no less than three hundred seventy-five million dollars ($375,000,000). Upon Seller’s reasonable request, Buyer agrees to promptly provide Seller with the information reasonably necessary in order for Seller to determine Buyer’s compliance with the terms of this covenant.

Buyer's Capital Structure. As of the Closing Date, Buyer shall have equity in an amount which represents at least thirty percent (30%) of the sum of Buyer’s 's Liabilities for borrowed money (excluding any Assumed Liabilities) plus all equity, but in any event equity of no less than three hundred seventy-five million dollars ($375,000,000). Upon Seller’s 's reasonable request, Buyer agrees to promptly provide Seller with the information reasonably necessary in order for Seller to determine Buyer’s 's compliance with the terms of this covenant.

Buyer's Capital Structure. As of On the Closing Date, Buyer shall have equity in an amount which represents at least thirty percent (30%) of the sum of Buyer’s Liabilities for borrowed money (excluding any Assumed Liabilities) plus all equity, but in any event equity of no less than three hundred seventy-five million dollars ($375,000,000). Upon Seller’s reasonable request, Buyer agrees to promptly provide Seller with the information reasonably necessary in order for Seller to determine Buyer’s compliance with the terms of this covenant.

Buyer's Capital Structure. As of On the Closing Date, Buyer shall have equity in an amount which represents at least thirty percent (30%) of the sum of Buyer’s 's Liabilities for borrowed money (excluding any Assumed Liabilities) plus all equity, but in any event equity of no less than three hundred seventy-five million dollars ($375,000,000). Upon Seller’s reasonable request, Buyer agrees to promptly provide Seller with the information reasonably necessary in order for Seller to determine Buyer’s compliance with the terms of this covenant.