Required Equity Amount shall have the meaning assigned to such term in the Mortgage Loan Agreement.

Required Equity Amount. At any time, an amount equal to the greater of (i) the aggregate Outstanding Loan Balances of the eight largest Borrowing Base Eligible Loans (based on Outstanding Loan Balances) included as part of Collateral, or (ii) $150,000,000.

Required Equity Amount means the amount set forth on Annex A of this Agreement opposite such term representing the minimum amount of equity of the Shipowner in the Vessel as determined by the Administrator.

Examples of Required Equity Amount in a sentence

Borrowers shall have furnished to Lender evidence in form and content reasonably satisfactory to Lender that Borrowers have contributed the Required Equity Amount.
The consummation of the Private Placement satisfied the Required Equity Amount condition in the March 2022 Sprott Agreement.
Borrower have made a cash investment towards the acquisition of the Real Property and the Facilities of not less than Closing Date Required Equity Amount.
Lender hereby acknowledges and agrees that all conditions precedent to the Initial Construction Loan Advance were satisfied or waived on the Construction Qualification Date, including, without limitation, the posting of the Required Equity Letter of Credit in the Required Equity Amount as determined as of the Construction Qualification Date, and Borrower hereby acknowledges receipt of such Initial Construction Loan Advance as well as Advances made subsequent thereto prior to the date hereof.
With respect to any Loan, the Person or Persons obligated to make payments pursuant to such Loan, including any guarantor thereof; provided that, solely for purposes of calculating the Excess Concentration Amount, the Large Loan Concentration Limit, the Large Loan Limit and the Required Equity Amount, all Loans included in the Collateral with respect to an Obligor and any of its Affiliates shall be treated as Loans of such Obligor.

More Definitions of Required Equity Amount

Required Equity Amount means the greater of:

Required Equity Amount means, with respect to any proposed funding of a Loan:

Required Equity Amount means $116,765,000.

Required Equity Amount shall have the meaning set forth in Section 3.2(h) hereof.

Required Equity Amount means at least 1,325,869 of the issued and outstanding Equity Interests of Holdings.

Required Equity Amount means the Initial Equity Amount.

Required Equity Amount shall have the meaning assigned to such term in the Fee Letter.