Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.
Minimum Equity Amount shall have the meaning provided in the preamble to this Agreement.
Minimum Equity Amount means the greater of (i) the sum of the Adjusted Borrowing Value of all Eligible Loans attributable to the three Obligors collectively comprising the largest aggregate Adjusted Borrowing Value included in the Borrowing Base and (ii) $50,000,000.
Examples of Minimum Equity Amount in a sentence
Equity Investments in an amount not less than the Minimum Equity Amount shall have been made.
More Definitions of Minimum Equity Amount
Minimum Equity Amount means, on any date of determination, an amount equal to the greater of (a) the Aggregate Asset Value of the Eligible Collateral Assets of the four (4) largest Obligors (by Asset Value) and (b) $20,000,000.
Minimum Equity Amount means, at any time, the product of (a) 10% and (b) the Maximum Facility Amount.
Minimum Equity Amount. As of any date of determination, an amount equal to the product of (i) the Aggregate Outstanding Asset Balance multiplied by (ii) a percentage equal to 100% minus the Maximum Advance Rate.
Minimum Equity Amount means, at any time, the greater of (i) $50,000,000 and (ii) the Aggregate Collateral Balance of all Collateral Loans owned (or, in relation to a proposed purchase of a Collateral Loan, proposed to be owned) by the Borrower which consist of obligations of any Obligor which, together with the Affiliates thereof, is an Obligor with the 1st, 2nd, 3rd, 4th, 5th or 6th largest percentage of the Aggregate Collateral Balance.
Minimum Equity Amount. (a) If such date is prior to the first date on which the Adjusted Borrowing Values of all Eligible Loans exceed $450,000,000, $100,000,000 and (b) otherwise, $125,000,000.
Minimum Equity Amount. As of any Measurement Date, the greater of (i) $25,000,000 and (ii) the aggregate amount of the Outstanding Balance of the five Eligible Loans having the largest Outstanding Balances as of such date (where multiple Eligible Loans related to the same Obligor shall be treated as a single exposure for purposes of calculating Outstanding Balances).
Minimum Equity Amount shall have the meaning provided in Section 6.06.