Common use of Minimum Equity Value Clause in Contracts

Minimum Equity Value. Borrower shall have Minimum Equity Value of not less than the sum of $600,000,000.00 plus ninety percent (90%) of Net Equity Proceeds.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Saul Centers Inc), Revolving Credit Agreement (Saul Centers Inc)

Minimum Equity Value. Borrower shall have Minimum Equity Value of not less than the sum of $600,000,000.00 400,000,000.00 plus ninety percent (90%) of Net Equity Proceeds.

Appears in 1 contract

Sources: Revolving Credit Agreement (Saul Centers Inc)

Minimum Equity Value. Borrower shall have Minimum Equity Value of not less than the sum of $600,000,000.00 250,000,000.00 plus ninety percent (90%) of Net Equity Proceeds.

Appears in 1 contract

Sources: Revolving Credit Agreement (Saul Centers Inc)