Equity Raise. Beginning with the calendar quarter ending June 30, 2012, and continuing each calendar quarter thereafter, Borrower shall raise not less than $7,500,000 of Net Offering Proceeds from sales of Equity Interests in REIT by the end of such calendar quarter.
Appears in 2 contracts
Samples: Credit Agreement (Carter Validus Mission Critical REIT, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.)
Equity Raise. Beginning with the calendar quarter ending June 30December 31, 2012, and continuing each calendar quarter thereafter, Borrower shall raise not less than $7,500,000 15,000,000 of Net Offering Proceeds from sales of Equity Interests in REIT by the end of such calendar quarter.
Appears in 1 contract
Samples: Credit Agreement (Carter Validus Mission Critical REIT, Inc.)
Equity Raise. (a) Beginning with the calendar quarter ending June September 30, 2012, and continuing each calendar quarter thereafter2014, Borrower shall raise not less than $7,500,000 5,000,000.00 of Net Offering Proceeds from sales of Equity Interests in REIT by the end of such calendar quarter (b) beginning with the calendar quarter ending December 31, 2014, and continuing each calendar quarter thereafter, Borrower shall raise not less than $7,500,000.00 of Net Offering Proceeds from sales of Equity Interests in REIT by the end of each such calendar quarter.
Appears in 1 contract
Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Equity Raise. Beginning with the calendar quarter ending June 30, 2012, and continuing each calendar quarter thereafter, the Borrower shall raise not less than $7,500,000 25,000,000 of Net Offering Proceeds from sales of Equity Interests in REIT by the end of such calendar quarterquarter during any period prior to the period in which the Tangible Net Worth of REIT exceeds $200,000,000.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (American Realty Capital Healthcare Trust Inc)
