Common use of Equity Value Clause in Contracts

Equity Value. 1 (1) $ ____________ Permitted Minimum Equity Value Not less than $[______]2 plus 70% of the net proceeds of all offerings of Equity Interests in the Borrower after the Closing Date (excluding any net proceeds to the extent the same shall have been applied to repurchases of any Equity Interests in the Borrower) (2)

Appears in 2 contracts

Sources: Sustainability Linked Revolving Credit Agreement (Vesta Real Estate Corporation, S.A.B. De C.V.), Sustainability Linked Revolving Credit Agreement (Vesta Real Estate Corporation, S.A.B. De C.V.)