Common use of Minimum Equity Value Clause in Contracts

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.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Saul Centers Inc), Revolving Credit Agreement (Saul Centers Inc)

AutoNDA by SimpleDocs

Minimum Equity Value. Borrower shall have Minimum Equity Value of not less than the sum of $600,000,000.00 400,000,000.00 plus ninety percent (90%) of Net Equity Proceeds.

Appears in 1 contract

Samples: Revolving Credit Agreement (Saul Centers Inc)

AutoNDA by SimpleDocs

Minimum Equity Value. Borrower shall have Minimum Equity Value of not less than the sum of $600,000,000.00 250,000,000.00 plus ninety percent (90%) of Net Equity Proceeds.

Appears in 1 contract

Samples: Revolving Credit Agreement (Saul Centers Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!