Common use of Minimum Equity Clause in Contracts

Minimum Equity. The Borrower shall maintain at all times Funded Equity in an amount equal to the greater of (x) $35,000,000 and (y) the sum of the five largest Aggregate Outstanding Principal Balances measured on an Obligor by Obligor basis.

Appears in 4 contracts

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

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Minimum Equity. The Borrower shall maintain at all times Funded Equity in an amount equal to the greater of (x) $35,000,000 25,000,000 and (y) the sum of the five eight largest Aggregate Outstanding Principal Balances measured on an Obligor by Obligor basis.

Appears in 2 contracts

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

Minimum Equity. The Borrower shall maintain at all times Funded Equity in an amount equal to the greater of (x) $35,000,000 25,000,000 and (y) the sum of (i) up to and including 23, 2018, the four largest Aggregate Outstanding Principal Balances measured on an Obligor by Obligor basis and (ii) thereafter, the five largest Aggregate Outstanding Principal Balances measured on an Obligor by Obligor basis.

Appears in 1 contract

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

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Minimum Equity. The Borrower shall maintain at all times Funded Equity in an amount equal to the greater of (x) $35,000,000 25,000,00035,000,000 and (y) the sum of (i) up to and including July 23, 2018, the four largest Aggregate Outstanding Principal Balances measured on an Obligor by Obligor basis and (ii) thereafter, the five largest Aggregate Outstanding Principal Balances measured on an Obligor by Obligor basis.

Appears in 1 contract

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

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