Common use of Minimum Value Adjusted Equity Clause in Contracts

Minimum Value Adjusted Equity. The Minimum Value Adjusted Equity of the Guarantor (on a consolidated basis) was US$[•]. The Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a Minimum Value Adjusted Equity of US$ 30,000,000. The covenant set out in Clause 14.2.1 (Minimum Value Adjusted Equity) is thus [not] satisfied.

Appears in 2 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

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Minimum Value Adjusted Equity. The Minimum Value Adjusted Equity of the Guarantor (on a consolidated basis) was US$USD [•]. The Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a Minimum Value Adjusted Equity of US$ 30,000,000USD 50,000,000. The covenant set out in Clause 14.2.1 (Minimum Value Adjusted Equity5.3.2(a) is thus [not] satisfied.

Appears in 2 contracts

Samples: www.sec.gov, Side Letter (B Plus H Ocean Carriers LTD)

Minimum Value Adjusted Equity. The Minimum Value Adjusted Equity of the Guarantor (on a consolidated basis) was US$USD [•]. The Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a Minimum Value Adjusted Equity of US$ 30,000,000USD 50,000,000. The covenant set out in Clause 14.2.1 20.2.2 (Minimum Value Adjusted Equitycash balance) is thus [not] satisfied.

Appears in 1 contract

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD)

Minimum Value Adjusted Equity. The Minimum Value Adjusted Equity of the Guarantor (on a consolidated basis) was US$USD [•]. The Borrower shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a Minimum Value Adjusted Equity of US$ USD 30,000,000. The covenant set out in Clause 14.2.1 20.2.1 (Minimum Value Adjusted Equity) is thus [not] satisfied.

Appears in 1 contract

Samples: B Plus H Ocean Carriers LTD

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Minimum Value Adjusted Equity. The Minimum Value Adjusted Equity of the Guarantor (on a consolidated basis) was US$USD [•]. The Borrowers shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a Minimum Value Adjusted Equity of US$ USD 30,000,000. The covenant set out in Clause 14.2.1 20.2.1 (Minimum Value Adjusted Equity) is thus [not] satisfied.

Appears in 1 contract

Samples: B Plus H Ocean Carriers LTD

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