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).
Appears in 2 contracts
Sources: Senior Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)