Common use of Minimum Equity Raise Test Amounts Clause in Contracts

Minimum Equity Raise Test Amounts. CCPT V shall raise additional equity after the Closing Date (“Additional Equity”) in the aggregate amount of not less than $195,000,000 by June 30, 2016, calculated in the manner used to determine “Proceeds from Issuance of Common Stock” on its Consolidated Statement of Cash Flow and as provided below. CCPT V shall raise not less than the aggregate amount of Additional Equity through each of the following dates (the “Minimum Equity Raise Test”): Aggregate Amount Date $ 20,000,000 September 30, 2014 $ 45,000,000 December 31, 2014 $ 70,000,000 March 31, 2015 $ 95,000,000 June 30, 2015 $120,000,000 September 30, 2015 $145,000,000 December 31, 2015 $170,000,000 March 31, 2016 $195,000,000 June 30, 2016

Minimum Equity Raise Test Amounts. CCPT V CCIT II shall raise additional equity after the Closing Date (“Additional Equity”) in the aggregate amount of not less than $195,000,000 by June 30March 31, 2016, calculated in the manner used to determine “Proceeds from Issuance of Common Stock” on its Consolidated Statement of Cash Flow and as provided below. CCPT V CCIT II shall raise not less than the aggregate amount of Additional Equity through each of the following dates (the “Minimum Equity Raise Test”): Aggregate Amount Date $ 20,000,000 June 30, 2014 $ 45,000,000 September 30, 2014 $ 45,000,000 70,000,000 December 31, 2014 $ 70,000,000 95,000,000 March 31, 2015 $ 95,000,000 120,000,000 June 30, 2015 $120,000,000 $ 145,000,000 September 30, 2015 $145,000,000 $ 170,000,000 December 31, 2015 $170,000,000 March 31$ 195,000,000 Mxxxx 00, 2016 $195,000,000 June 30, 20160000

Minimum Equity Raise Test Amounts. CCPT V CCIT II shall raise additional equity after the Closing Date (“Additional Equity”) in the aggregate amount of not less than $195,000,000 by June 30March 31, 2016, calculated in the manner used to determine “Proceeds from Issuance of Common Stock” on its Consolidated Statement of Cash Flow and as provided below. CCPT V CCIT II shall raise not less than the aggregate amount of Additional Equity through each of the following dates (the “Minimum Equity Raise Test”): Aggregate Amount Date $ 20,000,000 June 30, 2014 $ 45,000,000 September 30, 2014 $ 45,000,000 70,000,000 December 31, 2014 $ 70,000,000 95,000,000 March 31, 2015 $ 95,000,000 120,000,000 June 30, 2015 $120,000,000 $ 145,000,000 September 30, 2015 $145,000,000 $ 170,000,000 December 31, 2015 $170,000,000 March 31$ 195,000,000 Xxxxx 00, 2016 $195,000,000 June 30, 20160000