Minimum Equity Requirement definition

Minimum Equity Requirement has the meaning given to such term in Section 4.2(b);

Minimum Equity Requirement means, as at the relevant date of calculation, that the Equity Contributions are not less than 35% of the Capitalized Amount.

Minimum Equity Requirement means $10,000,000.

Examples of Minimum Equity Requirement in a sentence

• If the value of my Equity falls below the Minimum Equity Requirement, I/we can only purchase up to the amount of cash available in our account.

• No Disposition described in this Article XII shall reduce the Minimum Equity Requirement, provided that in the case of a Disposition of Securities of the Limited Partnership held by OSEG, the Minimum Equity Requirement shall thereafter be satisfied by OSEG and the transferee of the Disposed Securities pro rata to their respective holdings, if any, of Securities of the Limited Partnership.

• OSEG will not be entitled to the return of the Minimum Equity Requirement or any Stadium Completion Funds for a period of three (3) years from the Operating Term Commencement Date (as that term is defined in the Retail Lease) of the Retail Lease.

• The Members shall jointly and severally guarantee the Minimum Equity Requirement of OSEG, in accordance with the form of guarantee annexed hereto as Schedule “D”.

• The Minimum Equity Requirement will thereafter be reduced and repaid, and any Stadium Completion Funds will be reduced and repaid, on a “straight-line amortized” basis over a period of twenty-seven (27) years, commencing upon the third anniversary of the Operating Term Commencement Date of the Retail Lease.

More Definitions of Minimum Equity Requirement

Minimum Equity Requirement means the amount of equity that must be present in the account before a firm can lend the client any funds.

Minimum Equity Requirement means the minimum amount of equity investment in the Borrower which shall be maintained by Horizon, in the form of cash and/or Eligible Notes Receivable having an outstanding principal balance at all times prior to the Maturity Date of an amount equal to the greater of (a) $35,000,000 and (b) (i) (x) during the Ramp-Up Period or (y) at any time that there are fewer than thirty (30) unaffiliated Account Debtors with respect to the Eligible Note Receivables included in the Borrower Collateral, the sum of the Aggregate Outstanding Note Receivable Balance for the four (4) largest unaffiliated Account Debtors and (iii) (x) following the Ramp-Up Period and (y) at any time that there are thirty (30) or more unaffiliated Account Debtors with respect to the Eligible Note Receivables included in the Borrower Collateral, the sum of the Aggregate Outstanding Note Receivable Balance for the five (5) largest unaffiliated Account Debtors; provided, however, that at any time there are no outstanding Advances, the “Minimum Equity Requirement” shall be zero.

Minimum Equity Requirement means the minimum amount of equity investment in the Borrower which shall be maintained by Horizon, in the form of cash and/or Eligible Notes Receivable having an outstanding principal balance at all times prior to the Maturity Date of an amount equal to the greater of (a) $35,000,000 and (b) (i) during the Ramp-Up Period, the sum of the Aggregate Outstanding Note Receivable Balance for the three (3) largest Account Debtors and (ii) following the Ramp-Up Period, the sum of the Aggregate Outstanding Note Receivable Balance for the four (4) largest Account Debtors; provided, however, that at any time there are no outstanding Advances, the “Minimum Equity Requirement” shall be zero.

Minimum Equity Requirement means that Guarantor owns fifty-one percent (51%) or more of the ownership interests in Borrower and Operating Lessee.

Minimum Equity Requirement has the meaning given to it in the Project Agreement;

Minimum Equity Requirement means a contribution by way of equity or subordinated debt from the Parent to the Company in an amount equal to no less than 50 per cent. of the total aggregate of:

Minimum Equity Requirement shall have the meaning ascribed to it under Clause 7.2.