Minimum Combined Equity Value. The Combined Equity Value shall at no time be less than $1,250,000,000, plus an amount equal to seventy percent (70%) of all Net Offering Proceeds received by the Company after the date hereof.
Appears in 3 contracts
Sources: Credit Agreement (Reckson Operating Partnership Lp), Revolving Credit Agreement (Reckson Associates Realty Corp), Credit Agreement (Reckson Operating Partnership Lp)
Minimum Combined Equity Value. The Combined Equity Value shall at no time be less than $1,250,000,000750,000,000, plus an amount equal to seventy percent (70%) of all Net Offering Proceeds received by the Company after the date hereof.
Appears in 2 contracts
Sources: Credit Agreement (Reckson Associates Realty Corp), Credit Agreement (Reckson Associates Realty Corp)
Minimum Combined Equity Value. The Combined Equity Value shall at no time be less than $1,250,000,0001,750,000,000 plus 75% of the net cash proceeds and other assets (after payment of customary costs, plus an amount equal to seventy percent (70%fees, expenses, commissions and discounts of issuance) of all Net Offering Proceeds received by the Company Consolidated Businesses after the date hereofClosing Date as a result of the sale of equity interests in any of the Consolidated Businesses (other than such net proceeds of any equity which is issued and used to redeem outstanding equity).
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Mills Corp)
Minimum Combined Equity Value. The Combined Equity Value shall ----------------------------- at no time be less than $1,250,000,000375,000,000, plus an amount equal to seventy percent (70%) of all Net Offering Proceeds received by the Company after the date hereof.
Appears in 1 contract
Minimum Combined Equity Value. The Combined Equity Value shall at no time be less than $1,250,000,000, plus an amount equal to seventy percent (70%) of all Net Offering Proceeds received by the Company after the date hereofAugust 6, 2004.
Appears in 1 contract
Sources: Term Loan Agreement (Reckson Associates Realty Corp)
Minimum Combined Equity Value. The Combined Equity Value ----------------------------- shall at no time be less than $1,250,000,000375,000,000, plus an amount equal to seventy percent (70%) of all Net Offering Proceeds received by the Company after the date hereof.
Appears in 1 contract
Minimum Combined Equity Value. The Combined Equity Value shall at no time be less than $1,250,000,000, plus an amount equal to seventy percent (70%) of all Net Offering Proceeds received by the Company after the date hereofJune 20, 2005.
Appears in 1 contract
Sources: Term Loan Agreement (Reckson Associates Realty Corp)