Common use of Minimum Tangible Net Worth Clause in Contracts

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time be less than the sum of (i) $959,835,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiary.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,350,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary after June 30, 2009 (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 821,211,200 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor and its Subsidiaries after June 30, 2010 (other than Equity Issuances to the Parent, the Borrower or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 2,300,000,000.00 plus (ii) 7550% of the Net Proceeds of all Equity Issuances effected at any time after December 31the Agreement Date by Parent, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiaryof its Subsidiaries. This shall be measured quarterly.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,500,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary) after the Agreement Date.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 500,000,000 plus (ii) 75% of the Net Tangible Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of and its Subsidiaries to any Person after September 30, 2006 (other than Equity Issuances to the Parent Guarantor Parent, the Borrower or any Subsidiary).

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 2,552,775,000.00 plus (ii) 7550% of the Net Proceeds of all Equity Issuances effected affected at any time after December 31the Agreement Date by Parent, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiaryof its Subsidiaries. This shall be measured quarterly.

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not Worth, at any time time, to be less than the sum of (i) $959,835,000 plus 283,622,250, and (ii) an amount equal to seventy‑five percent (75% %) of the Net Proceeds of all Equity Issuances effected at any time net equity proceeds received by Parent after December March 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person 2014 (other than the any such proceeds that are received within ninety (90) days before or after any redemption of Equity Interests of Parent Guarantor or any SubsidiaryBorrower permitted hereunder).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 240,998,541 plus (ii) an amount equal to seventy-five percent (75% %) of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 net equity proceeds received by the Parent Guarantor or any of its Subsidiaries to any Person after March 31, 2014 (other than the Parent Guarantor or proceeds received in connection with any Subsidiarydividend reinvestment program).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 300,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any Subsidiary after the effective date of its Subsidiaries to any Person the Line of Credit Agreement (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,140,494,000.00 plus (ii) 7550% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 the Agreement Date by the Parent Guarantor Parent, Borrower or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiaryof its Subsidiaries.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $ $959,835,000 480,986,250 plus (ii) an amount equal to seventy-five percent (75% %) of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 net equity proceeds received by the Parent Guarantor or any of its Subsidiaries to any Person after September 30, 2016 (other than the Parent Guarantor or proceeds received in connection with any Subsidiarydividend reinvestment program).

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not Worth, at any time time, to be less than the sum of (i) $959,835,000 plus 760,740,750, and (ii) an amount equal to seventy‑five percent (75% %) of the Net Proceeds of all Equity Issuances effected at any time net equity proceeds received by Parent after December 31September 30, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person (other than the any such proceeds that are received within ninety (90) days before or after any redemption of Equity Interests of Parent Guarantor or any SubsidiaryBorrower permitted hereunder).

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not Worth, at any time time, to be less than the sum of (i) $959,835,000 plus 2,061,865,500, and (ii) an amount equal to seventy-five percent (75% %) of the Net Proceeds of all Equity Issuances effected at any time net equity proceeds received by Parent after December 31September 30, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person 2019 (other than the any such proceeds that are received within ninety (90) days before or after any redemption of Equity Interests of Parent Guarantor or any SubsidiaryBorrower permitted hereunder).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 300,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Agreement Date (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 140,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary after June 30, 2005 (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time be less than the sum of (i) $959,835,000 263,353,000 plus (ii) 7585% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 2010 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any SubsidiarySubsidiaries.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,250,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary) after the Agreement Date.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 325,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Agreement Date (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. The Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,911,227,000 plus (ii) 75% eighty-five percent (85.00%) of the Net Proceeds of all Equity Issuances effected at by the Parent, the Borrower or any time of their respective Subsidiaries after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiary2016.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,400,000,000.00 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Agreement Date (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 50,266,761, plus (ii) 75% eighty-five percent (85%) of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 (including capital calls) by the Parent Guarantor or any the Borrower after the Effective Date (with compliance certified as of its Subsidiaries the last day of each fiscal quarter for the Reference Period then ended in a Compliance Certificate delivered pursuant to any Person Section 9.3 and at each other than the Parent Guarantor or any Subsidiarydate of determination).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time be less than the sum of (i) $959,835,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December March 31, 2016 2018 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiary.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 915,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Effective Date (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,400,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after July 1, 2014 (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,150,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries Subsidiary (other Equity Issuances to any Person other than the Parent Guarantor Borrower or any Subsidiary) after the Agreement Date.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time be less than the sum of (i) $959,835,000 458,667,000 plus (ii) 7585% of the Net Proceeds of all Equity Issuances effected at any time after December 31June 30, 2016 2011 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any SubsidiarySubsidiaries.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 350,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Agreement Date (other than Equity Issuances to the Parent Guarantor or any Subsidiary).”

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not Worth, at any time time, to be less than the sum of (i) $959,835,000 plus 760,740,750, and (ii) an amount equal to seventy-five percent (75% %) of the Net Proceeds of all Equity Issuances effected at any time net equity proceeds received by Parent after December 31September 30, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person (other than the any such proceeds that are received within ninety (90) days before or after any redemption of Equity Interests of Parent Guarantor or any SubsidiaryBorrower permitted hereunder).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 325,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Agreement Date (other than (x) Equity Issuances to the Parent Guarantor or any SubsidiarySubsidiary and (y) the approximately $32,500,000 issuance of Preferred Equity Interests of Parent made pursuant to the Parent’s prospectus supplement dated March 7, 2012).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time be less than the sum of (i) $959,835,000 143,966,000 plus (ii) 7585% of the Net Proceeds of all Equity Issuances effected at any time after December March 31, 2016 2010 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any SubsidiarySubsidiaries.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 715,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary after September 30, 2005 (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 673,234,400 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor and its Subsidiaries after September 30, 2006 (other than Equity Issuances to the Parent, the Borrower or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,350,000,000 plus (ii) 7580.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary after June 30, 2009 (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 170,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Agreement Date (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 700,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary) after the Agreement Date.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 490,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected at by the Borrower or any time Subsidiary after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person 2002 (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary).

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,600,000,000.00 plus (ii) 7550% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 the Agreement Date by the Parent Guarantor Parent, Borrower or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiaryof its Subsidiaries.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,000,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary) after the Agreement Date.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 900,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries to any Person Subsidiary (other than Equity Issuances to the Parent Guarantor Borrower or any Subsidiary) after the Agreement Date.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 480,986,250 plus (ii) an amount equal to seventy-five percent (75% %) of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 net equity proceeds received by the Parent Guarantor or any of its Subsidiaries to any Person after September 30, 2016 (other than the Parent Guarantor or proceeds received in connection with any Subsidiarydividend reinvestment program).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 350,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Agreement Date (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 827,029,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor and its Subsidiaries after September 30, 2009 (other than Equity Issuances to the Parent, the Borrower or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 600,000,000 plus (ii) 7585% of the Net Proceeds of all Equity Issuances effected by the Borrower or any of its Subsidiaries at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiary1998.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,400,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Subsidiary after the Agreement Date (other than Equity Issuances to the Parent Guarantor or any Subsidiary).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time be less than the sum of (i) $959,835,000 844,576,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 2014 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any Subsidiary.

Minimum Tangible Net Worth. Permit Tangible Net Worth shall not Worth, at any time time, to be less than the sum of (i) $959,835,000 plus 259,627,875.00, and (ii) an amount equal to seventy-five percent (75% %) of the Net Proceeds of all Equity Issuances effected at any time net equity proceeds received by Parent after December 31, 2016 by the Parent Guarantor or any of its Subsidiaries to any Person Closing Date (other than the any such proceeds that are received within ninety (90) days before or after any redemption of Equity Interests of Parent Guarantor or any SubsidiaryBorrower permitted hereunder).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 98,000,000102,930,757 , plus (ii) 75% eighty-five percent (85%) of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 (including capital calls) by the Parent Guarantor or any the Borrower after the 2023 First Amendment Effective Date (with compliance certified as of its Subsidiaries the last day of each fiscal quarter for the Reference Period then ended in a Compliance Certificate delivered pursuant to any Person Section 9.3 and at each other than the Parent Guarantor or any Subsidiarydate of determination).

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time be less than the sum of (i) $959,835,000 673,871,000 plus (ii) 7585% of the Net Proceeds of all Equity Issuances effected at any time after December 31September 30, 2016 2012 by the Parent Guarantor or any of its Subsidiaries to any Person other than the Parent Guarantor or any SubsidiarySubsidiaries.

Minimum Tangible Net Worth. Tangible Net Worth shall not at any time to be less than the sum of (i) $959,835,000 1,250,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected at any time after December 31, 2016 by the Parent Guarantor Borrower or any of its Subsidiaries Subsidiary (other Equity Issuances to any Person other than the Parent Guarantor Borrower or any Subsidiary) after the Agreement Date.