Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Company to be less than $560,000,000 plus 25% of the net proceeds from the sale of Equity Interests by the Company and its Subsidiaries after the Execution Date, other than proceeds of sales of Equity Interests by and among the Company and its Subsidiaries.
Appears in 2 contracts
Sources: Master Note Purchase Agreement (TPG Twin Brook Capital Income Fund), Master Note Purchase Agreement (AG Twin Brook Capital Income Fund)
Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last calendar day of any fiscal quarter of the Company to be less than $560,000,000 plus 25% of the net proceeds from the sale of Equity Interests by the Company and its Subsidiaries after the Execution Date, other than proceeds of sales of Equity Interests by and among the Company and its Subsidiaries543.6 million.
Appears in 2 contracts
Sources: Note Purchase Agreement (CION Investment Corp), Note Purchase Agreement (CION Investment Corp)
Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Company to be less than $560,000,000 plus 25% of the net proceeds from the sale of Equity Interests by the Company and its Subsidiaries after the Execution Date, other than proceeds of sales of Equity Interests by and among the Company and its Subsidiaries643,500,000.
Appears in 1 contract
Minimum Shareholders’ Equity. The Company Borrower will not permit Shareholders’ Equity at the last calendar day of any fiscal quarter of the Company Borrower to be less than US $560,000,000 plus 25% of the net proceeds from the sale of Equity Interests by the Company and its Subsidiaries after the Execution Date, other than proceeds of sales of Equity Interests by and among the Company and its Subsidiaries543.6 million.
Appears in 1 contract
Sources: Unsecured Term Loan Facility Agreement (CION Investment Corp)