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Common use of Minimum Shareholders’ Equity Clause in Contracts

Minimum Shareholders’ Equity. The Borrower’s Shareholders’ Equity shall be equal to or greater than $25,000,000.

Appears in 3 contracts

Sources: Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC), Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC), Senior Secured Revolving Credit Agreement (North Haven Private Income Fund a LLC)

Minimum Shareholders’ Equity. The Borrower’s Shareholders’ Equity shall be equal to or greater than $25,000,000313,950,000.

Appears in 3 contracts

Sources: Senior Secured Revolving Credit Agreement (North Haven Private Income Fund LLC), Senior Secured Revolving Credit Agreement (North Haven Private Income Fund LLC), Senior Secured Revolving Credit Agreement (North Haven Private Income Fund LLC)

Related Clauses

  • Shareholders’ Equity
  • STOCKHOLDERS' EQUITY
  • Maximum Consolidated Leverage Ratio
  • Minimum Consolidated Net Worth
  • Minimum Consolidated EBITDA

Parent Clauses

  • Certain Financial Covenants
  • NEGATIVE COVENANTS
  • Financial Covenants
  • Miscellaneous
  • Covenants

Sub-Clauses

  • Post Closing Date Shareholders’ Equity Adjustment
  • Determination of Post Closing Date Shareholders’ Equity Adjustment
  • MINIMUM SHAREHOLDERS' EQUITY
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