Minimum Equity Value. The Equity Value shall at no time be less than $270,800,000.00, plus an amount equal to 85% of all Net Offering Proceeds received by the Company after July 6, 1998.
Appears in 2 contracts
Sources: Credit Agreement (Home Properties Inc), Credit Agreement (Home Properties of New York Inc)
Minimum Equity Value. The Equity Value shall at no time be less than $270,800,000.001,250,000,000, plus an amount equal to 85% of all Net Offering Proceeds received of all Equity Issuances effected by the Company or any Subsidiary of the Company (including without limitation, the Borrower) after July 6June 30, 19982009 (other than Equity Issuances to the Company or any Subsidiary of the Company).
Appears in 2 contracts
Sources: Credit Agreement (Home Properties Inc), Credit Agreement (Home Properties Inc)
Minimum Equity Value. The Equity Value shall at no time be less than $270,800,000.00, 270,800.00 plus an amount equal to 85% of all Net Offering Proceeds received by the Company after July 6, 1998the date hereof.
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Minimum Equity Value. The Equity Value shall at no time be less than $270,800,000.001,900,000,000, plus an amount equal to 85% of all Net Offering Proceeds received of all Equity Issuances effected by the Company or any Subsidiary of the Company (including without limitation, the Borrower) after July 6September 30, 19982011 (other than Equity Issuances to the Company or any Subsidiary of the Company).
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