Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 plus (ii) 85.0% 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).
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) $1,350,000,000 1,500,000,000 plus (ii) 85.075% 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 (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) $1,350,000,000 300,000,000 plus (ii) 85.075.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2009 the effective date of the Line of Credit Agreement (other than Equity Issuances to the Borrower Parent or any Subsidiary).
Appears in 2 contracts
Sources: Term Loan Agreement (Kite Realty Group Trust), Term Loan Agreement (Kite Realty Group Trust)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 300,000,000 plus (ii) 85.075.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2009 the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary).
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) $1,350,000,000 1,400,000,000 plus (ii) 85.075.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2009 the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 1,250,000,000 plus (ii) 85.075% 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.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 1,000,000,000 plus (ii) 85.075% 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.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 1,150,000,000 plus (ii) 85.075% 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.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 900,000,000 plus (ii) 85.075% 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.
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Minimum Tangible Net Worth. Permit Tangible Net Worth at any time to be less than the sum of (i) $1,350,000,000 1,100,000,000.00, plus (ii) 85.0% 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 the Sponsor, without duplication, after June 30, 2009 (other than Equity Issuances to the Borrower or any Subsidiary)First Amendment Effective Date.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 plus (ii) 85.080.0% 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).
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Sources: Credit Agreement (National Retail Properties, Inc.)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 350,000,000 plus (ii) 85.075.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2009 the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 700,000,000 plus (ii) 85.075% 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.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 490,000,000 plus (ii) 85.0% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30December 31, 2009 2002 (other than Equity Issuances to the Borrower or any Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 715,000,000 plus (ii) 85.0% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June September 30, 2009 2005 (other than Equity Issuances to the Borrower or any Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 950,000,000 plus (ii) 85.090% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2009 (other than excluding Equity Issuances to other members of the Borrower or Consolidated Group) effected by any Subsidiary)member of the Consolidated Group after December 31, 2002.
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 1,400,000,000.00 plus (ii) 85.075.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2009 the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 170,000,000 plus (ii) 85.075.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2009 the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 325,000,000 plus (ii) 85.075.0% of the Net Proceeds of all Equity Issuances effected by the Borrower Parent or any Subsidiary after June 30, 2009 the Agreement Date (other than Equity Issuances to the Borrower Parent or any Subsidiary).
Appears in 1 contract
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 140,000,000 plus (ii) 85.075% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary after June 30, 2009 2005 (other than Equity Issuances to the Borrower or any Subsidiary).
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Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 600,000,000 plus (ii) 85.085% of the Net Proceeds of all Equity Issuances effected by the Borrower or any Subsidiary of its Subsidiaries at any time after June 30December 31, 2009 (other than Equity Issuances to the Borrower or any Subsidiary)1998.
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Sources: Credit Agreement (CNL American Properties Fund Inc)
Minimum Tangible Net Worth. Tangible Net Worth at any time to be less than (i) $1,350,000,000 1,250,000,000 plus (ii) 85.075% 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.
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