Examples of Equipment Growth Funds in a sentence
Any Governmental Authority, including, without limitation, the SEC, shall enter a decree, order or ruling prohibiting the Equipment Growth Funds from releasing or paying to FSI any funds in the form of management fees, profits or otherwise which, in the reasonable determination of Requisite Lenders, may have a Material Adverse Effect.
The Equipment Growth Funds shall maintain aggregate unrestricted cash balances of not less than $3,750,000.
Each Equipment Growth Fund, severally, as to itself, but not jointly as to the other Equipment Growth Funds, covenants and agrees that, so long as the Commitments hereunder shall be available, and until full, complete and indefeasible payment and performance of the Obligations, including, without limitation, all Loans evidenced by the Notes, unless Requisite Lenders shall otherwise consent in writing, the Equipment Growth Funds shall perform the following financial covenants.
The Equipment Growth Funds of which FSI is the sole general partner shall maintain aggregate unrestricted cash balances of $10,000,000.
Borrower shall not make or suffer to exist, or permit or suffer any of its Marine Subsidiaries to make or suffer to exist, any Investment except the sharing arrangements with respect to Equipment which are shared with Equipment Growth Funds.
No Borrower shall make or suffer to exist, or permit or suffer any of its Marine Subsidiaries to make or suffer to exist, any Investment except as permitted by Section 6.8, the sharing arrangements with respect to Equipment which are shared with Equipment Growth Funds, and equipment owned jointly with USPE’s; provided, however , that EGF VI may make equity investments in its USPE’s in an aggregate amount not to exceed $6,000,000.
The Equipment Growth Funds of which FSI is the sole general partner shall maintain aggregate unrestricted cash balances of $8,500,000.
The Equipment Growth Funds of which FSI is the sole general partner shall at any time fail to maintain unrestricted cash balances totalling, in the aggregate, $10,000,000.
Any Governmental Authority, including, without limitation, the SEC, shall enter a decree, order or ruling prohibiting the Equipment Growth Funds from releasing or paying to Guarantor any funds in the form of management fees, profits or otherwise which, in the reasonable determination of Requisite Lenders, may have a Material Adverse Effect.
No Borrower shall make or suffer to exist, or permit or suffer any of its Marine Subsidiaries to make or suffer to exist, any Investment except as permitted by Section 6.8, the sharing arrangements with respect to Equipment which are shared with Equipment Growth Funds, and equipment owned jointly with USPE's.