Common use of Net Worth Clause in Contracts

Net Worth. Permit Net Worth, as of any date, to be less than the sum of (a) $1,000,000,000, plus (b) eighty-five percent (85%) of the net proceeds from any Equity Offering of any Loan Party made after the Closing Date.

Appears in 3 contracts

Samples: Unsecured Credit Agreement (BioMed Realty L P), Secured Term Loan Agreement (BioMed Realty Trust Inc), Unsecured Credit Agreement (BioMed Realty Trust Inc)

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Net Worth. Permit Net Worth, as of any date, to be less than the sum of (a) $1,000,000,000, plus 625,000,000 and (b) eighty-eighty five percent (85%) of the net proceeds from any Equity Offering of any Loan Party made after the Closing DateJune 28, 2006.

Appears in 2 contracts

Samples: Secured Acquisition and Construction Loan Agreement (BioMed Realty Trust Inc), Secured Acquisition and Construction Loan Agreement (BioMed Realty Trust Inc)

Net Worth. Permit Net Worth, as of any date, to be less than the sum of (a) $1,000,000,000350,000,000, plus (b) eighty-five percent (85%) of the net proceeds from any Equity Offering of any Loan Party made after the Closing Date.

Appears in 2 contracts

Samples: Unsecured Credit Agreement (BioMed Realty Trust Inc), Secured Term Loan Agreement (BioMed Realty Trust Inc)

Net Worth. Permit Net Worth, as of any date, to be less than the sum of (a) $1,000,000,000625,000,000, plus (b) eighty-five percent (85%) of the net proceeds from any Equity Offering of any Loan Party made after the Closing Date.

Appears in 1 contract

Samples: Unsecured Credit Agreement (BioMed Realty Trust Inc)

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Net Worth. Permit Net Worth, as of any date, to be less than the sum of (a) $1,000,000,000, plus 625,000,000 and (b) eighty-eighty five percent (85%) of the net proceeds from any Equity Offering of any Loan Party made after the Closing Date.

Appears in 1 contract

Samples: Secured Bridge Loan Agreement (BioMed Realty Trust Inc)

Net Worth. Permit Net Worth, as of any date, to be less than the sum of (a) $1,000,000,000625,000,000, plus (b) eighty-five percent (85%) of the net proceeds from any Equity Offering of any Loan Party made after the Closing DateEffective Date of the First Amendment to this Agreement.

Appears in 1 contract

Samples: Secured Term Loan Agreement (BioMed Realty Trust Inc)

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