Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than $175,000,000 at any time.
Obligors’ Net Worth Test. After the Effective Date, the Borrower will not permit the Obligors’ Net Worth as of the last day of any fiscal quarter to be less than $200,000,000.
Obligors’ Net Worth Test. After the Restatement Effective Date, the Borrower will not permit the Obligors’ Net Worth to be less than an amount equal to $100,000,000.
Obligors’ Net Worth Test. After the Restatement Effective Date, the Borrower will not permit the Obligors’ Net Worth to be less than the greater of (i) $200,000,000 and (ii) the amount of the Commitments as of the Restatement Effective Date plus the aggregate amount of any Commitment Increases that become effective after the Restatement Effective Date (calculated as of the date each such Commitment Increase becomes effective).
Obligors’ Net Worth Test. The Borrower will not permit the Obligors’ Net Worth to be less than the lesser of (i) $175,000,000, and (ii) $160,000,000 plus 100% of the aggregate net cash proceeds of all sales of Equity Interests by the Borrower after the Effective Date.
Obligors’ Net Worth Test. On and after the Restatement Effective Date, the Borrower will not permit the Obligors’ Net Worth to be less than (i) prior to the OCSI Merger Date, $500,000,000 and (ii) on and after the OCSI Merger Date, $550,000,000.
Obligors’ Net Worth Test. After the Restatement Effective Date, the Borrower will not permit the Obligors’ Net Worth at any time to be less than an amount equal to (i) $100,000,000 plus (ii) 50% of the aggregate net proceeds of all sales of Equity Interests by the Borrower and its Subsidiaries after the Restatement Effective Date.
Obligors’ Net Worth Test. After the Initial Funding Date, the Borrower will not permit the Obligors’ Net Worth to be less than an amount equal to 80% of the aggregate net proceeds of the IPO.
Obligors’ Net Worth Test. At any time when the Borrowing Base is less than 1.50x of the aggregate Covered Debt Amount, the Borrower will not permit the sum of (a) Obligors’ Net Worth plus (b) 30% of SPV Equity Value at any time to be less than the sum of (i) Unsecured Longer-Term Indebtedness plus (ii) accrued but unpaid Advisory Fees at such time.
Obligors’ Net Worth Test. After the Initial Funding Date, the Borrower will not permit the Obligors’ Net Worth, plus the Unsecured Longer Term Indebtedness Add-Back, to be less than an amount equal to $149,559,368.”
