Common use of Minimum Consolidated Stockholders' Equity Clause in Contracts

Minimum Consolidated Stockholders' Equity. The Company will not, on the last day of any fiscal quarter commencing as of December 31, 2008, permit Consolidated Stockholders’ Equity to be less than $500,000,000.

Appears in 2 contracts

Samples: Note Purchase Agreement (MCG Capital Corp), Note Purchase Agreement (MCG Capital Corp)

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Minimum Consolidated Stockholders' Equity. The Company will not, on the last day of any fiscal quarter commencing as of December 31, 2008quarter, permit Consolidated Stockholders' Equity to be less than (a) $500,000,000600,000,000 plus (b) 75% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after the date of the Closing (excluding the Net Proceeds of Capital Stock/Conversion of Debt by a Subsidiary to another Subsidiary or to the Company).

Appears in 1 contract

Samples: Note Purchase Agreement (MCG Capital Corp)

Minimum Consolidated Stockholders' Equity. The Company will not, on the last day of any fiscal quarter commencing as of December 31with the quarter ended June 30, 20082011, permit Consolidated Stockholders’ Equity to be less than $500,000,000425,000,000.

Appears in 1 contract

Samples: Third Amendment Agreement (MCG Capital Corp)

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Minimum Consolidated Stockholders' Equity. The Company will not, on the last day of any fiscal quarter commencing as of December 31, 2008quarter, permit Consolidated Stockholders' Equity to be less than (a) $500,000,000400,000,000 plus (b) 75% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after the date of the Closing (excluding the Net Proceeds of Capital Stock/Conversion of Debt by a Subsidiary to another Subsidiary or to the Company).

Appears in 1 contract

Samples: Note Purchase Agreement (MCG Capital Corp)

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