Common use of Minimum Shareholders’ Equity Clause in Contracts

Minimum Shareholders’ Equity. As of any fiscal quarter end, permit Shareholder's Equity to be less than the sum of (a) $200,000,000 plus (b) seventy-five percent (75%) of the Net Equity Proceeds from any equity offering after March 1, 1997.

Minimum Shareholders’ Equity. As of any fiscal quarter end, permit Shareholder's Equity to be less than the sum of (a) $200,000,000 350,000,000 plus (b) seventy-five percent (75%) of the Net Equity Proceeds from any equity offering after March 1April 18, 19972001."

Minimum Shareholders’ Equity. As of any fiscal quarter end, permit Shareholder's Equity to be less than the sum of (a) $200,000,000 460,000,000 plus (b) seventy-five percent (75%) of the Net Equity Proceeds from any equity offering after March 1, 1997the Closing Date.