Examples of Net Equity Capital in a sentence
The Parent Guarantor’s Net Asset Value as of the close of business on the last day of each of its fiscal quarters must be equal to or greater than $240,000,000 plus the greater of (i) zero dollars and (ii) 65% of Net Equity Capital Activity.
The Issuer will have a minimum Net Asset Value as of the end of each fiscal quarter, equal to or greater than $224 million plus the greater of (i) $0 and (ii) 65% of Net Equity Capital Activity plus the greater of (i) $0 and (ii) 65% of Retained Earnings.
The Parent’s Net Asset Value as of the close of business on the last day of each of its fiscal quarters must be equal to or greater than $325,000,000 plus the greater of (i) zero dollars and (ii) 50% of Net Equity Capital Activity.
The Parent will not permit the Net Asset Value as of the close of business on the last day of each of the Parent’s fiscal quarters to be less than $350,000,000 plus the greater of (a) zero dollars and (b) 50% of Net Equity Capital Activity.
The Company will not permit the Net Asset Value as of the close of business on the last day of each of its fiscal quarters to be less than $350,000,000 plus the greater of (a) zero dollars and (b) 50% of Net Equity Capital Activity.
The Issuer will have a minimum Net Asset Value as of the end of each fiscal quarter, equal to or greater than $275 million plus the greater of (i) $0 and (ii) 65% of Net Equity Capital Activity plus the greater of (i) $0 and (ii) 65% of Retained Earnings.
The Parent’s Net Asset Value as of the close of business on the last day of each of its fiscal quarters must be equal to or greater than $650,000,000 plus the greater of (i) zero dollars and (ii) 50% of Net Equity Capital Activity.
The Borrower’s Net Asset Value as of the close of business on the last day of each of its fiscal quarters shall not be less than $240,000,000 plus the greater of (i) zero dollars and (ii) 65% of Net Equity Capital Activity.
The Company’s Net Asset Value as of the close of business on the last day of each of its fiscal quarters must be equal to or greater than $325,000,000 plus the greater of (i) zero dollars and (ii) 50% of Net Equity Capital Activity.
The Company’s Net Asset Value as of the close of business on the last day of each of its fiscal quarters must be equal to or greater than $350,000,000 plus the greater of (i) zero dollars and (ii) 50% of Net Equity Capital Activity.