Minimum Equity Amount definition
Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.
Minimum Equity Amount shall have the meaning provided in the preamble to this Agreement.
Minimum Equity Amount means, on any date of determination, an amount equal to the greater of (a) the Aggregate Asset Value of the Eligible Collateral Assets of the four (4) largest Obligors (by Asset Value) and (b) $20,000,000.
Examples of Minimum Equity Amount in a sentence
Equity Investments, which, to the extent constituting Capital Stock other than common Capital Stock, shall be on terms and conditions and pursuant to documentation reasonably satisfactory to the Joint Lead Arrangers and Bookrunners to the extent material to the interests of the Lenders, in an amount not less than the Minimum Equity Amount shall have been made.
More Definitions of Minimum Equity Amount
Minimum Equity Amount means the greater of (a) the sum of the Outstanding Balances of all Eligible Loan Assets that are the obligations of the five largest Obligors and (b) 20.0% of the Facility Amount.
Minimum Equity Amount means, at any time, the product of (a) 10% and (b) the Maximum Facility Amount.
Minimum Equity Amount means, at any time, the greater of (a) $30,000,000 and (b) the Aggregate Collateral Balance of the Collateral Loans for the three largest Obligors (determined as the Obligors with the three largest portions of the Aggregate Collateral Balance) (it being understood that multiple Collateral Loans from the same Obligor and its Affiliates shall be treated as a single exposure).
Minimum Equity Amount. As of any date of determination, an amount equal to the product of (i) the Aggregate Outstanding Asset Balance multiplied by (ii) a percentage equal to 100% minus the Maximum Advance Rate.
Minimum Equity Amount means, at any time, $25,000,000.
Minimum Equity Amount. (i) Prior to the first date on which the Adjusted Borrowing Values of all Eligible Loans is greater than $165,000,000, $30,000,000; and (ii) on or after the first date on which the Adjusted Borrowing Values of all Eligible Loans is greater than $165,000,000, $45,000,000.
Minimum Equity Amount. As of any Measurement Date, the greater of (i) $25,000,000 and (ii) the aggregate amount of the Outstanding Balance of the five Eligible Loans having the largest Outstanding Balances as of such date (where multiple Eligible Loans related to the same Obligor shall be treated as a single exposure for purposes of calculating Outstanding Balances).