Common use of Minimum Equity Value Clause in Contracts

Minimum Equity Value. The Equity Value shall at no time be less than $1,250,000,000, plus an amount equal to 85% of all Net Offering Proceeds of all Equity Issuances effected by the Company or any Subsidiary of the Company (including without limitation, the Borrower) after June 30, 2009 (other than Equity Issuances to the Company or any Subsidiary of the Company).

Appears in 2 contracts

Samples: Credit Agreement (Home Properties Inc), Credit Agreement (Home Properties Inc)

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Minimum Equity Value. The Equity Value shall at no time be less than $1,250,000,0001,900,000,000, plus an amount equal to 85% of all Net Offering Proceeds of all Equity Issuances effected by the Company or any Subsidiary of the Company (including without limitation, the Borrower) after June September 30, 2009 2011 (other than Equity Issuances to the Company or any Subsidiary of the Company).

Appears in 1 contract

Samples: Credit Agreement (Home Properties Inc)

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Minimum Equity Value. The Equity Value shall at no time be less than $1,250,000,000, 270,800.00 plus an amount equal to 85% of all Net Offering Proceeds of all Equity Issuances effected received by the Company or any Subsidiary of after the Company (including without limitation, the Borrower) after June 30, 2009 (other than Equity Issuances to the Company or any Subsidiary of the Company)date hereof.

Appears in 1 contract

Samples: Credit Agreement (Home Properties of New York Inc)

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