Common use of Minimum Value Adjusted Equity Clause in Contracts

Minimum Value Adjusted Equity. The Value Adjusted Equity of the Borrower was USD [—]. The Equity shall at all times during the Security Period be minimum USD 135,000,000 and the covenant in Clause 22.2.1 (Minimum Value Adjusted Equity) is thus [not] satisfied.

Minimum Value Adjusted Equity. The Value Adjusted Equity of the Borrower was USD [—•]. The Equity shall at all times during the Security Period be minimum USD 135,000,000 250,000,000 and the covenant in Clause 22.2.1 20.2.1 (Minimum Value Adjusted Equity) is thus [not] satisfied.