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, at any time, the product of (a) 10% and (b) the Maximum Facility Amount.
Examples of Minimum Equity Amount in a sentence
Equity Investments, which, to the extent constituting Stock other than common Stock, shall be on terms and conditions and pursuant to documentation reasonably satisfactory to the Joint Lead Arrangers and Bookrunners to the extent material to the interests of the Lenders, in an amount not less than the Minimum Equity Amount shall have been made.
Equity Investments, which, to the extent constituting Capital Stock other than common Capital Stock, shall be on terms and conditions and pursuant to documentation reasonably satisfactory to the Joint Lead Arrangers and Bookrunners to the extent material to the interests of the Lenders, in an amount not less than the Minimum Equity Amount shall have been made.
Equity Investments in an amount not less than the Minimum Equity Amount shall have been made.
Equity Investments, which, to the extent constituting Capital Stock other than common Capital Stock and equity interests of management or other existing equity owners rolled over or invested in connection with the Transactions, shall be reasonably satisfactory to the Joint Lead Arrangers and Bookrunners, in an amount not less than the Minimum Equity Amount shall have been made or shall be made substantially concurrently with the funding of the Initial Term Loans.
The Equity Contribution, which, to the extent constituting Stock or Stock Equivalents of the Parent other than common Stock, shall be on terms and conditions and pursuant to documentation reasonably satisfactory to the Joint Lead Arrangers and Bookrunners to the extent material to the interests of the Lenders, in an amount not less than the Minimum Equity Amount shall have been made, or substantially simultaneously with the initial Credit Event hereunder, shall be 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 the greater of (a) the sum of the Outstanding Balances of all Eligible Loan Assets that are the obligations of the five largest Obligors and (b) 20.0% of the 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.
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
means, at any time, $25,000,000.
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
means, as of any date of determination, an amount equal to the greater of (i) (a) if such date is prior to the first date on which the Adjusted Borrowing Value of all Eligible Loan Assets exceeds $175,000,000, $50,000,000 or (b) otherwise, $ 70,000,000 and (ii) the sum of the Adjusted Borrowing Value of the three largest Loan Assets in the facility.
