Maintenance of Tangible Net Worth. Guarantor shall not have a Tangible Net Worth at any time (A) prior to the first anniversary of the date hereof, of less than $1,080,400,000 and (B) on or after the first anniversary of the date hereof, of less than 200% of the sum of (x) the Aggregate Repurchase Price and (y) the Aggregate Goldman Repurchase Price.
Appears in 2 contracts
Samples: Parent Guaranty and Indemnity, Parent Guaranty and Indemnity (KBS Real Estate Investment Trust, Inc.)
Maintenance of Tangible Net Worth. Guarantor shall not have a Tangible Net Worth at any time (A) prior to the first anniversary of the date hereof, of less than $1,080,400,000 and (B) on or after the first anniversary of the date hereof, of less than 200% of the sum of (x) the Aggregate Repurchase Price and (y) the Aggregate Goldman Citigroup Repurchase Price.
Appears in 1 contract
Samples: Parent Guaranty and Indemnity (KBS Real Estate Investment Trust, Inc.)
Maintenance of Tangible Net Worth. Guarantor The Seller shall not permit Guarantor to have a Tangible Net Worth at any time (A) prior to the first anniversary of the date hereof, of less than $1,080,400,000 and (B) on or after the first anniversary of the date hereof, of less than 200% of the sum of (x) the Aggregate Repurchase Price and (y) the Aggregate Goldman Citigroup Repurchase Price.
Appears in 1 contract
Samples: Master Repurchase Agreement (KBS Real Estate Investment Trust, Inc.)
Maintenance of Tangible Net Worth. Guarantor The Seller shall not permit Guarantor to have a Tangible Net Worth at any time (A) prior to the first anniversary of the date hereof, of less than $1,080,400,000 and (B) on or after the first anniversary of the date hereof, of less than 200% of the sum of (x) the Aggregate Repurchase Price and (y) the Aggregate Goldman Repurchase Price.
Appears in 1 contract
Samples: Master Repurchase Agreement (KBS Real Estate Investment Trust, Inc.)
