Minimum Combined Equity Value. The Combined Equity Value shall not be less than $2,000,000,000 as of the last day of any fiscal quarter.
Appears in 6 contracts
Sources: Senior Secured Term Loan Agreement (Washington Prime Group, L.P.), Term Loan Agreement (Washington Prime Group, L.P.), Term Loan Agreement (WP Glimcher Inc.)
Minimum Combined Equity Value. The Combined Equity Value shall not be less than $2,000,000,000 as of the last day of any fiscal quarter.
(a) [Reserved].
Appears in 1 contract
Minimum Combined Equity Value. The Combined Equity Value shall not be less than $2,000,000,000 as of the last day of any each fiscal quarterquarter shall be not less than $550,000,000, plus an amount equal to eighty-five percent (85%) of the Fair Market Value of all Net Offering Proceeds received by the Company after the Closing Date.
Appears in 1 contract
Minimum Combined Equity Value. The Combined Equity Value shall not be less than $2,000,000,000 as of the last day of any each fiscal quarterquarter shall be not less than $400,000,000, plus an amount equal to eighty-five percent (85%) of the Fair Market Value of all Net Offering Proceeds received by the Company after the date hereof.
Appears in 1 contract