Minimum Combined Equity Value. The Combined Equity Value as of the last day of each fiscal quarter of the Company shall not be less than the sum of (i) $550,000,000 plus (ii) an amount equal to 85% of the Fair Market Value of all Net Offering Proceeds received by the Company after the Closing Date.
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Minimum Combined Equity Value. The Combined Equity Value as of the Closing Date and as of the last day of each fiscal quarter of the Company thereafter shall be not be less than the sum of (i) $550,000,000 625,000,000, plus (ii) an amount equal to eighty-five percent (85% %) of the Fair Market Value of all Net Offering Proceeds received by the Company Borrower after the Closing Date.
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Sources: Credit Agreement (Corporate Property Associates 14 Inc)
Minimum Combined Equity Value. The Combined Equity Value as of the last day of each fiscal quarter of the Company shall not be less than the sum of (i) $550,000,000 plus (ii) an amount equal to 85% of the Fair Market Value of all Net Offering Proceeds received by the Company after the Closing DateJune 29, 2007.
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Minimum Combined Equity Value. The Combined Equity Value as of the last day of each fiscal quarter of the Company shall be not be less than the sum of (i) $550,000,000 500,000,000, plus (ii) 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 Effective Date.
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