Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 plus (ii) 75% of the Net Proceeds of all Equity Issuances by the Parent and its Subsidiaries after June 30, 2010 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary).
Appears in 3 contracts
Samples: Credit Agreement (CubeSmart, L.P.), Term Loan Agreement (U-Store-It Trust), Credit Agreement (U-Store-It Trust)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 1,350,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries Borrower or any Subsidiary after June 30, 2010 2009 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary).
Appears in 3 contracts
Samples: Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 1,500,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries after June 30, 2010 Borrower or any Subsidiary (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)) after the Agreement Date.
Appears in 3 contracts
Samples: Credit Agreement (Hospitality Properties Trust), Interim Loan Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 300,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries or any Subsidiary after June 30, 2010 the effective date of the Line of Credit Agreement (other than Equity Issuances to the Parent, the Borrower Parent or any other Subsidiary).
Appears in 2 contracts
Samples: Term Loan Agreement (Kite Realty Group Trust), Term Loan Agreement (Kite Realty Group Trust)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 1,400,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries or any Subsidiary after June 30July 1, 2010 2014 (other than Equity Issuances to the Parent, the Borrower Parent or any other Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 715,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries Borrower or any Subsidiary after June September 30, 2010 2005 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 1,150,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries after June 30, 2010 Borrower or any Subsidiary (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)) after the Agreement Date.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 700,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries after June 30, 2010 Borrower or any Subsidiary (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)) after the Agreement Date.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 1,250,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries after June 30, 2010 Borrower or any Subsidiary (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)) after the Agreement Date.
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Minimum Tangible Net Worth. Tangible Net Worth at any time equal to be less than or in excess of the sum of (i) $821,211,200 plus 45,687,000, and (ii) seventy-five percent (75% %) of the Net Proceeds net cash proceeds of all Equity Issuances any equity issuance by Guarantor that occurs after the Parent and its Subsidiaries after June 30, 2010 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)Effective Date.
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Samples: Guaranty (Tremont Mortgage Trust)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 1,250,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries after June 30, 2010 Borrower or any Subsidiary (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)) after the Agreement Date.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 1,350,000,000 plus (ii) 7580.0% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries Borrower or any Subsidiary after June 30, 2010 2009 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary).
Appears in 1 contract
Samples: Credit Agreement (National Retail Properties, Inc.)
Minimum Tangible Net Worth. Permit Tangible Net Worth at any time to be less than the sum of (i) $821,211,200 1,638,428,000 plus (ii) an amount equal to 75% of the aggregate Net Equity Proceeds of all Equity Issuances received by the Parent and its Subsidiaries Borrower after June 30, 2010 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)Closing Date.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 490,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries Borrower or any Subsidiary after June 30December 31, 2010 2002 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 1,000,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries after June 30, 2010 Borrower or any Subsidiary (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)) after the Agreement Date.
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 600,000,000 plus (ii) 7585% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries after June 30, 2010 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)of its Subsidiaries at any time after December 31, 1998.
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Samples: Credit Agreement (CNL American Properties Fund Inc)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 140,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries Borrower or any Subsidiary after June 30, 2010 2005 (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $821,211,200 900,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent and its Subsidiaries after June 30, 2010 Borrower or any Subsidiary (other than Equity Issuances to the Parent, the Borrower or any other Subsidiary)) after the Agreement Date.
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