Minimum Equity Requirement
means, as at the relevant date of calculation, that the Equity Contributions are not less than 35% of the Capitalized Amount.
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Minimum Equity Requirement
means $10,000,000.
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Minimum Equity Requirement
shall have the meaning set forth in Section 4.1.37
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Examples of Minimum Equity Requirement in a sentence
Based on present policy, Users are: natural persons browsing website and drawing on services of website, and natural persons ordering products from Controller.
The Company is compliant with Minimum Equity Requirement (MER) since December 2017 and has applied for renewal of Investment Finance Services License to SECP and the company has filed an appeal in Honorable High Court Sindh against decision of Appellate bench of SECP.
The regulations prohibit the US Trader Provider from permitting a Pattern Day Trader account from effecting any transactions unless such account maintains a Minimum Equity Requirement of at least $25,000.
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.
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.
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.
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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.
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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.
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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:
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Minimum Equity Requirement
means that Guarantor owns fifty-one percent (51%) or more of the ownership interests in Borrower and Operating Lessee.
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Minimum Equity Requirement
means, with respect to any Facility, that the sum of the aggregate amount of Equity Contributions made to the relevant Subsidiary which owns such Facility on or prior to such date is no less than the greater of (a) ten percent (10%) of the projected Facility Costs for such Facility (or twenty percent (20%) in case there is no Tax Equity Investor Commitment) and (b) the positive difference, if any, between the projected Facility Costs for such Facility and the Revolving Loan Commitments in respect of such Facility.
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Minimum Equity Requirement
shall have the meaning set forth in Section 4.1.37 “Minimum Extension Debt Yield” shall have the meaning set forth in Section 2.3.2(b)(viii). “Minimum Leasing Parameters” shall mean, with respect to any Lease, the leasing parameters set forth on Schedule V attached hereto. “Minor Lease” shall mean any Lease that is not a Major Lease. “Monthly Debt Service Payment Amount” shall mean on each Monthly Payment Date through and including the Maturity Date, an amount equal to the interest accruing on the Outstanding Principal Balance at the Applicable Interest Rate (or at the Default Rate, as applicable) for the immediately preceding Interest Period, which interest shall be calculated in accordance with Section 2.2. “Monthly Payment Date” shall mean the ninth (9th) calendar day of each calendar month during the term of the Loan, and if such day is not a Business Day, then the Business Day immediately preceding such day. “Moody’s” shall mean Xxxxx’x Investors Service, Inc. “Mortgage” shall mean, as of the date hereof, (i) that certain Senior Loan Consolidated, Amended and Restated Mortgage, Assignment of Leases and Rents and Security Agreement, dated as of the Original Closing Date, executed and delivered by Borrower as security for the Loan and
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