Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date.
Appears in 3 contracts
Sources: Credit Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust), Interim Loan Agreement (Hospitality Properties Trust)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 1,350,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2009 (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date).
Appears in 3 contracts
Sources: Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 300,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary) after the Agreement Date).
Appears in 2 contracts
Sources: Credit Agreement (Kite Realty Group Trust), Credit Agreement (Kite Realty Group Trust)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 300,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after the effective date of the Line of Credit Agreement (other than Equity Issuances to the Borrower Parent or any Subsidiary) after the Agreement Date).
Appears in 2 contracts
Sources: Term Loan Agreement (Kite Realty Group Trust), Term Loan Agreement (Kite Realty Group Trust)
Minimum Tangible Net Worth. Permit Tangible Net Worth at any time to be less than the sum of (i) $1,500,000,000 884,338,269.00, plus (ii) seventy-five percent (75% %) of the Net Proceeds proceeds of all Equity Issuances effected equity issuances (net of underwriting discounts and commissions, and other out-of-pocket expenses related to such equity issuances) made by the Borrower Guarantor or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) Sponsor, without duplication, after the Agreement Datedate hereof;.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 1,250,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date.
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 325,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary) after the Agreement Date).
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 1,250,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 490,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after December 31, 2002 (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date).
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 600,000,000 plus (ii) 7585% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or of its Subsidiaries at any Subsidiary) time after the Agreement DateDecember 31, 1998.
Appears in 1 contract
Sources: Credit Agreement (CNL American Properties Fund Inc)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 1,400,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary) after the Agreement Date).
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Minimum Tangible Net Worth. Permit Tangible Net Worth at any time to be less than the sum of (i) $1,500,000,000 1,100,000,000.00, plus (ii) seventy-five percent (75% %) of the Net Proceeds proceeds of all Equity Issuances effected equity issuances (net of underwriting discounts and commissions, and other out-of-pocket expenses related to such equity issuances) made by the Borrower Guarantor or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) Sponsor, without duplication, after the Agreement First Amendment Effective Date.
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Minimum Tangible Net Worth. Permit Tangible Net Worth at any time to be less than the sum of (i) $1,500,000,000 1,638,428,000 plus (ii) an amount equal to 75% of the aggregate Net Equity Proceeds of all Equity Issuances effected received by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Closing Date.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 1,350,000,000 plus (ii) 7580.0% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2009 (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date).
Appears in 1 contract
Sources: Credit Agreement (National Retail Properties, Inc.)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 1,150,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date.
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 350,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary) after the Agreement Date).
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 1,400,000,000.00 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary) after the Agreement Date).
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 950,000,000 plus (ii) 7590% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than excluding Equity Issuances to other members of the Borrower or Consolidated Group) effected by any Subsidiary) member of the Consolidated Group after the Agreement DateDecember 31, 2005.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 700,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date.
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 715,000,000 plus (ii) 7585.0% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after September 30, 2005 (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date).
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 950,000,000 plus (ii) 7590% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than excluding Equity Issuances to other members of the Borrower or Consolidated Group) effected by any Subsidiary) member of the Consolidated Group after the Agreement DateDecember 31, 2002.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 170,000,000 plus (ii) 7575.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary) after the Agreement Date).
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 1,000,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date.
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 140,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2005 (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date).
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,500,000,000 900,000,000 plus (ii) 75% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary (other than Equity Issuances to the Borrower or any Subsidiary) after the Agreement Date.
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