Minimum Equity Sample Clauses
POPULAR SAMPLE Copied 1 times
Minimum Equity. Each Shareholder shall make Shareholder Contributions to the Borrower as capital, in an aggregate amount equal to the product of (A) seventy billion Pesos (CLP 70,000,000,000) and (B) such Shareholder’s Shareholder Percentage, in each case in accordance with the Concession Agreement (such Shareholder Contributions, collectively, the “Minimum Equity”); provided that (i) on the date hereof, each Shareholder shall have made, and each Shareholder hereby represents and warrants that it has made, Shareholder Contributions to the Borrower as capital, in cash, in an amount equal to at least fifty percent (50%) of such Shareholder’s Minimum Equity, and (ii) by no later than May 5, 2016, each Shareholder shall have made Shareholder Contributions, as capital, in cash, in an amount equal to the full amount of such Shareholder’s Minimum Equity.
Minimum Equity. Maintain at the end of each fiscal year equity of the Company (computed in accordance with GAAP) of not less than $61,000,000 plus an amount equal to fifty percent (50%) of consolidated net income (computed in accordance with GAAP) commencing with the quarter ended September 30, 1998 to the extent such consolidated net income is greater than or equal to zero. Said calculation of equity of the Borrower shall exclude the effects of Financial Accounting Standard Board Pronouncement No. 115 (a/k/a FASB No. 115).
Minimum Equity. The Borrower shall maintain at all times Funded Equity in an amount equal to the greater of (x) $35,000,000 and (y) the sum of the five largest Aggregate Outstanding Principal Balances measured on an Obligor by Obligor basis.
Minimum Equity. A loan to a home owner shall not be made except on the condition that the borrower shall be bound to provide an equity of not less than 3 per centum of the valuation by the society or lending authority of the property in respect of which the loan is made.
Minimum Equity. The Company shall, at all times while any of the Debentures remain Outstanding, maintain Consolidated Net Worth of the lesser of $70 million or two times the aggregate principal amount of Debentures issued. ARTICLE FOUR
Minimum Equity. Not less than $30,500,000 cash equity shall have been contributed to Borrowers, of which not less than $15,000,000 shall have been contributed by Sponsor and not less than $15,200,000 of rollover equity shall have been invested in the Parent by the Sellers.
Minimum Equity. CFC shall not permit Equity (determined without giving effect to any redemption of preferred stock of CFC made pursuant to Section 8.4(a) after the date of such Change of Control) to be less than an amount equal to Equity as of the day immediately preceding the occurrence of such Change of Control minus $250,000,000.
Minimum Equity. Savanna Guarantor shall maintain a minimum equity of $20,000,000.00 (the “Minimum Equity Requirement”) of cash equity invested in the Property (exclusive of any distributions from cash flow from the Property).
Minimum Equity. The Loan Parties will not permit the Adjusted Equity of the Borrower (on a consolidated basis), on the last day of any fiscal quarter, to be less than $1,000,000,000.
Minimum Equity. 4.2.1 HMO has minimum equity equal to the greater of (a) $1,500,000; (b) an amount equal to the sum of twenty-five dollars ($25) times the number of all enrollees including Medicaid Members; or (c) an amount that complies with standards adopted by TDI. Equity is calculated by subtracting accrued liabilities from admitted assets, as those terms are defined in 28 TAC ss. 11.806 and ss. 11.2(b) respectively.
4.2.2 The minimum equity must be maintained during the entire contract period.