Minimum Consolidated Shareholders’ Equity. The Consolidated Shareholders’ Equity at any time to be less than the sum of (i) $865,575,000, plus (ii) 75% of the net proceeds received from issuances of Holdings’ Equity Interests after June 30, 2021.
Appears in 5 contracts
Samples: Note Purchase and Private Shelf Agreement (Alexander & Baldwin, Inc.), Note Purchase and Private Shelf Agreement (Alexander & Baldwin, Inc.), Purchase and Private Shelf Agreement (Alexander & Baldwin, Inc.)
Minimum Consolidated Shareholders’ Equity. The Consolidated Shareholders’ Equity will at any no time to be less than the sum of (i) $865,575,000, plus (ii) 75% of the net proceeds received from issuances of Holdings’ Equity Interests after June 30, 20213,500,000,000.
Appears in 4 contracts
Samples: Credit Agreement (Johnson Controls International PLC), Credit Agreement (Johnson Controls Inc), Credit Agreement (Johnson Controls Inc)
Minimum Consolidated Shareholders’ Equity. The Consolidated Shareholders’ ' Equity will at any no time to be less than the sum of (ia) $865,575,000, 425,000,000 plus (iib) 7550% of Consolidated Cumulative Net Income plus (c) 50% of the net proceeds received from issuances of Holdings’ Equity Interests all classes of equity securities issued by the Borrower after June 30, 20211996.
Appears in 2 contracts
Samples: Bridge Loan Agreement (Pentair Inc), Credit Agreement (Pentair Inc)
Minimum Consolidated Shareholders’ Equity. The Consolidated Shareholders’ Equity at any time to be less than the sum of (i) $865,575,000, 1,500,000,000 plus (ii) 75% of the net proceeds received from issuances Net Proceeds of Holdings’ all Equity Interests Issuances effected by Borrower or any of its Consolidated Subsidiaries at any time after June 30December 31, 20212004 (excluding the Net Proceeds of any Equity Issuance by a Consolidated Subsidiary to a Consolidated Subsidiary or to Borrower).
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Minimum Consolidated Shareholders’ Equity. The Permit Consolidated Shareholders’ Equity at any time to be less than the sum of (ia) $865,575,000, 168,334,946 plus (iib) 75% of the net proceeds cumulative Net Proceeds of Capital Stock/Conversion of Debt received from issuances at any time after the date of Holdings’ Equity Interests after June 30, 2021.the Closing Date (excluding the Net Proceeds of Capital Stock/Conversion of Debt by a Consolidated Subsidiary to another Consolidated Subsidiary or to the Company;
Appears in 1 contract
Samples: Credit Agreement (MVC Capital, Inc.)
Minimum Consolidated Shareholders’ Equity. The Consolidated Shareholders’ ' Equity will at any no time to be less than the sum of (ia) $865,575,000, U.S.$425,000,000 plus (iib) 7550% of Consolidated Cumulative Net Income plus (c) 50% of the net proceeds received from issuances of Holdings’ Equity Interests all classes of equity securities issued by Pentair after June 30, 20211996.
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Minimum Consolidated Shareholders’ Equity. The Consolidated Shareholders’ Equity at any time to be less than the sum of (i) $865,575,000, 1,900,000,000 plus (ii) 75% of the net proceeds received from issuances Net Proceeds of Holdings’ all Equity Interests Issuances effected by Borrower or any of its Consolidated Subsidiaries at any time after June 30December 31, 20212007 (excluding the Net Proceeds of any Equity Issuance by a Consolidated Subsidiary to a Consolidated Subsidiary or to Borrower).
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