Common use of Equity Capital Clause in Contracts

Equity Capital. The Borrower shall have received at least $22,000,000 in proceeds (net of expenses and underwriting discounts) in connection with its 2004 Registration Statement on Form S-2.

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc), Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc)