Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time.
Obligors’ Net Worth Test. After the Effective Date, the Borrower will not permit the Obligors’ Net Worth as of the last day of any fiscal quarter to be less than $200,000,000.
Obligors’ Net Worth Test. After the Restatement Effective Date, the Borrower will not permit the Obligors’ Net Worth to be less than an amount equal to $100,000,000.
Obligors’ Net Worth Test. After the Restatement Effective Date, the Borrower will not permit the Obligors’ Net Worth to be less than the greater of (i) $200,000,000 and (ii) the amount of the Commitments as of the Restatement Effective Date plus the aggregate amount of any Commitment Increases that become effective after the Restatement Effective Date (calculated as of the date each such Commitment Increase becomes effective).
Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than the lesser of (i) $175,000,000, and (ii) $160,000,000 plus 100% of the aggregate net cash proceeds of all sales of Equity Interests by the Borrower after the Effective Date.
Obligors’ Net Worth Test. On and after the Restatement Effective Date, the Borrower will not permit the Obligors’ Net Worth to be less than (i) prior to the OCSI Merger Date, $500,000,000 and (ii) on and after the OCSI Merger Date, $550,000,000.
Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than the lesser of (i) $175,000,000, and (ii) $160,000,000 plus 100% of the aggregate net cash proceeds of all sales of Equity Interests by the Borrower after the Effective Date$350,000,000.
Obligors’ Net Worth Test. After the Initial Funding Date, the Borrower will not permit the Obligors’ Net Worth to be less than an amount equal to 80% of the aggregate net proceeds of the IPO.
Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth at any time to be less than an amount equal to the greater of (a) 65% of the Obligors’ Net Worth as of the Effective Date or (b) $100,000,000, at any time.
Obligors’ Net Worth Test. After the Initial Funding Date, the Borrower will not permit the Obligors’ Net Worth, plus the Unsecured Longer Term Indebtedness Add-Back, to be less than (x) from December 31, 2017 through June 30, 2018, an amount equal to $126,201,991, and (y) at any other time, an amount equal to $149,559,368.”
