Minimum Equity Value. The Equity Value shall at no time be less than $270,800,000.00, plus an amount equal to 85% of all Net Offering Proceeds received by the Company after July 6, 1998.
Minimum Equity Value. Borrower shall have Minimum Equity Value of not less than the sum of $600,000,000.00 plus ninety percent (90%) of Net Equity Proceeds.
Minimum Equity Value. Permit, as of the last day of each fiscal quarter, the Combined Equity Value to be less than $1,632,000,000 plus an amount equal to 80% of the Fair Market Value of all Net Offering Proceeds received by the Company after March 31, 2013.
Minimum Equity Value. Maintain, on a consolidated basis, a minimum Equity Value of $150,000,000.
Minimum Equity Value. The Borrower shall maintain at all times an Equity Value of not less than (y) U.S.$848,843,903, plus (z) 70% of the net proceeds of all offerings of Equity Interests in the Borrower after the Closing Date (excluding, however, any such net proceeds to the extent the same shall have been applied to repurchases of any Equity Interests in the Borrower).
Minimum Equity Value. Equity Value shall not be less than the Minimum Equity Value, provided that any increase in the Minimum Equity Value resulting from the receipt of Net Offering Proceeds during any fiscal year shall only become effective as of the last day of the applicable fiscal year.
Minimum Equity Value. (i) Total Asset Value (1) $_________
(ii) Total Liabilities $________
(iii) Ratio of (I) to (II) __________
(1) Calculated as (a) THE LESSER OF (i) ten (10), or (ii) the Imputed Multiple, TIMES (b) Adjusted EBITDA fir the twelve (12) month period ending on the determination date.
(iv) Required Minimum __________(2)
Minimum Equity Value. The sum of (i) the Shareholders' Equity plus Minority Interests, as determined in accordance with GAAP, and (ii) an amount equal to 85% of all Net Offering Proceeds received by the REIT after the date hereof, shall at no time be less than $450,000,000.
Minimum Equity Value. Borrower shall not permit Equity Value, as of the last day of any Fiscal Quarter during the following periods, to be less than the amount set forth opposite such period below: ------------------------------------- ----------------------------------- PERIOD MINIMUM AMOUNT ------------------------------------- ----------------------------------- Closing Date through $250,000,000 December 31, 1998 ------------------------------------- ----------------------------------- January 1, 1999 through $300,000,000 November 30, 1999 ------------------------------------- ----------------------------------- December 1, 1999 and $400,000,000 thereafter ------------------------------------- -----------------------------------
(g) SECTION 6.4(c) is hereby deleted in its entirety and replaced with the following:
Minimum Equity Value. Borrower shall not permit Equity Value, at any time during the following periods, to be less than the amount set forth opposite such period below: --------------------------------------------- PERIOD MINIMUM AMOUNT --------------------------------------------- Closing Date through $250,000,000 December 31, 1998 --------------------------------------------- January 1, 1999 through $300,000,000 December 31, 1999 --------------------------------------------- January 1, 2000 and $350,000,000 thereafter --------------------------------------------- CREDIT AGREEMENT
