Minimum Net Worth. Tangible Net Worth at any time to be less than (i) $870,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2003 (other than Equity Issuances to the Borrower or any Subsidiary).
Appears in 5 contracts
Samples: Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)
Minimum Net Worth. Tangible Net Worth at any time to be less than (i) $870,000,000 1,000,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2003 (other than Equity Issuances to the Borrower or any Subsidiary)Effective Date.
Appears in 3 contracts
Samples: Term Loan Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust), Term Loan Agreement (Corporate Office Properties Trust)
Minimum Net Worth. Tangible Net Worth at any time to be less than (i) $870,000,000 820,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2003 (other than Equity Issuances to the Borrower or any Subsidiary)Effective Date.
Appears in 2 contracts
Samples: Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust)
Minimum Net Worth. Tangible Net Worth at any time to be less than (i) $870,000,000 1,500,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30March 31, 2003 2009 (other than Equity Issuances to the Borrower or any Subsidiary).
Appears in 2 contracts
Samples: Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)
Minimum Net Worth. Tangible Net Worth at any time to be less than (i) $870,000,000 1,000,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent, the Borrower or any Subsidiary after June 30, 2003 2005 (other than Equity Issuances to the Parent, the Borrower or any Subsidiary).
Appears in 2 contracts
Samples: Credit Agreement (Sl Green Realty Corp), Credit Agreement (Sl Green Realty Corp)
Minimum Net Worth. Tangible Net Worth at any time to be less than (i) $870,000,000 2,900,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Parent, the Borrower or any Subsidiary after June 30March 31, 2003 2007 (other than Equity Issuances to the Parent, the Borrower or any Subsidiary).
Appears in 1 contract
Minimum Net Worth. Tangible Net Worth at any time to be less than (i) $870,000,000 75,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2003 the Effective Date (other than Equity Issuances to the Borrower or any Subsidiaryof its Subsidiaries).
Appears in 1 contract
Samples: Credit and Security Agreement (Five Star Quality Care Inc)
Minimum Net Worth. Tangible Net Worth at any time to be less than (i) $870,000,000 plus 50,000,000 (ii) plus 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2003 (other than Equity Issuances to the Borrower or any Subsidiary)of its Subsidiaries) after the Second Amendment Date.β
Appears in 1 contract
Samples: Credit and Security Agreement (Five Star Quality Care Inc)
