Equity Base definition

Equity Base means at any date the sum of -----------
Equity Base means, with respect to the Company on any date, the amount equal to the excess of (i) the Pool Balance of the Contracts owned by the Company on such date plus the amount on deposit in the Reserve Account (after giving effect to all required deposits and withdrawals therefrom, if any, on such date), over (ii) the Aggregate Note Principal Balance on such date.
Equity Base means, (i) if the Company (or its successor by merger or otherwise) has a class of common equity securities listed on a National Securities Exchange, the sum of the value of all outstanding Common Units plus the liquidation preference of all outstanding preferred Partnership Units, and (ii) if the Company (or its successor by merger or otherwise) does not have a class of common equity securities listed on a national securities exchange, the Net Worth of the Partnership. For purposes of clause (i) in the preceding sentence, the value of all outstanding Common Units shall be equal to the product of (i) the number of outstanding Common Units multiplied by (ii) the Conversion Factor, multiplied by (iii) the 30 day VWAP of the REIT Shares as of the date of the most recent quarterly financial statement.

Examples of Equity Base in a sentence

  • The Base Management Fee shall be calculated and payable quarterly in arrears at an annual rate equal to 1.75% of the Company’s Total Equity Base.

  • The Base Management Fee shall be calculated based on the Total Equity Base at the end of the most recently completed calendar quarter and, with respect to any Equity Interests or Preferred Interests issued or repurchased during such quarter, shall be adjusted to reflect the number of days during such quarter that such Equity Interests and/or Preferred Interests, if any, was outstanding.

  • CODE WRL YRT CODE ---------------------------------------------------------------------------------------------------------------------------- Block 1: Policies WRL Freedom Equity Base Policy Only: (Co. 15) with Policy Protector variable Dates 6/30/96 universal life (FEP)*, -Standard FEP -F67001/F67002 -565506/565507 and prior Policy Form No. -LIPP ▇▇▇ -F67501/F67509 -567503/567502 VLB.01.07.89 -Group or Sponsored FEP -F67601/F67602 -565506/565507 -Prot.

  • The Base Management Fee shall be calculated and payable quarterly in arrears at an annual rate equal to 1.25% of the Company’s Total Equity Base.

  • Permit the Originator's Equity Base to be less than the ----------- Minimum Permitted Equity Base at any time.

  • The Base Management Fee shall be calculated and payable quarterly in arrears at an annual rate equal to 1.50% of the Company’s Total Equity Base.

  • The Base Management Fee shall be calculated based on the Total Equity Base at the end of the most recently completed calendar quarter and, with respect to any Common Stock or Preferred Interests issued or repurchased during such quarter, shall be adjusted to reflect the number of days during such quarter that such Common Stock and/or Preferred Interests, if any, was outstanding.

  • Permit the ratio of the Originator's consolidated ------------------- Debt to its Equity Base to exceed the Permitted Debt to Equity Base Ratio at any time.

  • The Base Management Fee shall be calculated based on the Total Equity Base at the end of the most recently completed calendar quarter and, with respect to any Common Stock or preferred stock issued or repurchased during such quarter, shall be adjusted to reflect the number of days during such quarter that such Common Stock and/or preferred stock, if any, was outstanding.

  • As of the date of Building Completion, TV shall be credited with an amount (an "Equity Base") equal to $3,000,000, less any amount distributed to TV under Section 7.3.2.a(ii).

Related to Equity Base

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Total Equity as of any date, means the total equity attributable to the Company’s shareholders on a consolidated basis determined in accordance with U.S. GAAP, as shown on the consolidated balance sheet of the Company for the most recent fiscal quarter.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).