Common use of Minimum Equity Clause in Contracts

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.

Appears in 3 contracts

Sources: Short Term Revolving Credit Agreement (Chrysler Financial Corp), Long Term Revolving Credit Agreement (Chrysler Financial Corp), Short Term Revolving Credit Agreement (Chrysler Financial Corp)