Common use of Minimum Consolidated Stockholders' Equity Clause in Contracts

Minimum Consolidated Stockholders' Equity. Borrower shall maintain Consolidated Stockholders' Equity, as measured as of the last day of each fiscal quarter of Borrower (but as adjusted for any issuances of equity by Borrower after the end of any fiscal quarter), of no less than $500,000,000.

Appears in 2 contracts

Samples: Revolving Credit Agreement (MCG Capital Corp), Revolving Credit Agreement (MCG Capital Corp)

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Minimum Consolidated Stockholders' Equity. Borrower shall maintain Consolidated Stockholders' Equity, Stockholder's Equity as measured as of the last day of each fiscal quarter Fiscal Quarter of Borrower (but as adjusted for any issuances of equity by Borrower after the end of any fiscal quarter), of no less than (A) $500,000,000650,000,000, plus (B) 50% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after the date of this Credit Agreement (excluding the Net Proceeds of Capital Stock/Conversion of Debt by a Subsidiary to a Subsidiary or to Borrower).

Appears in 1 contract

Samples: Revolving Credit Agreement (MCG Capital Corp)

Minimum Consolidated Stockholders' Equity. Borrower shall maintain a Minimum Consolidated Stockholders' Equity, as measured as of the last day of each fiscal quarter of Borrower (but as adjusted for any issuances of equity by Borrower after the end of any fiscal quarter), ) of no less than $500,000,000400,000,000.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (MCG Capital Corp)

Minimum Consolidated Stockholders' Equity. Borrower shall maintain Consolidated Stockholders' Equity, Stockholder's Equity as measured as of the last day of each fiscal quarter Fiscal Quarter of Borrower (but as adjusted for any issuances of equity by Borrower after the end of any fiscal quarter), of no less than (A) $500,000,000575,000,000, plus (B) 50% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after the date of this Agreement (excluding the Net Proceeds of Capital Stock/Conversion of Debt by a Subsidiary to a Subsidiary or to Borrower).]

Appears in 1 contract

Samples: Revolving Credit Agreement (MCG Capital Corp)

Minimum Consolidated Stockholders' Equity. Borrower shall maintain Consolidated Stockholders' Equity, Stockholder's Equity as measured as of the last day of each fiscal quarter Fiscal Quarter of Borrower (but as adjusted for any issuances of equity by Borrower after the end of any fiscal quarter), of no less than (A) $500,000,000575,000,000, plus (B) 50% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after the date of this Agreement (excluding the Net Proceeds of Capital Stock/Conversion of Debt by a Subsidiary to a Subsidiary or to Borrower).

Appears in 1 contract

Samples: Revolving Credit Agreement (MCG Capital Corp)

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Minimum Consolidated Stockholders' Equity. Borrower shall maintain Consolidated Stockholders' Equity, Stockholder’s Equity as measured as of the last day of each fiscal quarter Fiscal Quarter of Borrower (but as adjusted for any issuances of equity by Borrower after Borrower, commencing with the end of any fiscal quarter)Fiscal Quarter ending December 31, 2008, of no less than (A) $500,000,000, plus (B) 50% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after the First Amendment Date (excluding the Net Proceeds of Capital Stock/Conversion of Debt by a Subsidiary to a Subsidiary or to Borrower).

Appears in 1 contract

Samples: Revolving Credit Agreement (MCG Capital Corp)

Minimum Consolidated Stockholders' Equity. Borrower shall maintain As of the end of Borrower’s most recently ended fiscal quarter, the Minimum Consolidated Stockholders' Equity, as measured as of the last day of each fiscal quarter of Borrower ’ Equity (but as adjusted for any issuances of equity by Borrower after through the end of any fiscal quarter), of no date as to which this representation is made) was not less than $500,000,000400,000,000.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (MCG Capital Corp)

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