Common use of Minimum Shareholders’ Equity Clause in Contracts

Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last calendar day of any fiscal quarter of the Company to be less than $543.6 million.

Appears in 2 contracts

Sources: Note Purchase Agreement (CION Investment Corp), Note Purchase Agreement (CION Investment Corp)

Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last calendar day of any fiscal quarter of the Company to be less than $543.6 million643,500,000.

Appears in 1 contract

Sources: Note Purchase Agreement (Hercules Capital, Inc.)

Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last calendar day of any fiscal quarter of the Company to be less than $543.6 million195,144,000, plus 50% of the net proceeds of the sale of Equity Interests by the Company after December 4, 2020 (other than proceeds of sales of Equity Interests by and among the Company and its Subsidiaries).

Appears in 1 contract

Sources: Note Purchase Agreement (WhiteHorse Finance, Inc.)

Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last calendar day of any fiscal quarter of the Company to be less than $543.6 million392,759,890 plus 75%, of the net proceeds of the sale of Equity Interests by the Company after March 18, 2025.

Appears in 1 contract

Sources: Master Note Purchase Agreement (Runway Growth Finance Corp.)

Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last calendar day of any fiscal quarter of the Company to be less than $543.6 190,710,000 million, plus 50% of the net proceeds of the sale of Equity Interests by the Company after August 7, 2018 (other than proceeds of sales of Equity Interests by and among the Company and its Subsidiaries).

Appears in 1 contract

Sources: Note Purchase Agreement (WhiteHorse Finance, Inc.)

Minimum Shareholders’ Equity. The Company Borrower will not permit Shareholders’ Equity at the last calendar day of any fiscal quarter of the Company Borrower to be less than US $543.6 million.

Appears in 1 contract

Sources: Unsecured Term Loan Facility Agreement (CION Investment Corp)