Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twenty-five million dollars ($525,000,000) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after the Effective Date.
Appears in 3 contracts
Sources: Limited Guaranty (Blackstone Mortgage Trust, Inc.), Limited Guaranty, Limited Guaranty (Blackstone Mortgage Trust, Inc.)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twenty-five million dollars Seven Hundred Seventeen Million One Hundred Ten Thousand Five Hundred Ninety Four and 29/100 Dollars ($525,000,000717,110,594.29) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs on or after the Effective Closing Date.
Appears in 2 contracts
Sources: Guarantee Agreement, Guarantee Agreement (Blackstone Mortgage Trust, Inc.)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twenty-five million dollars ($525,000,000) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after the Effective Closing Date.
Appears in 2 contracts
Sources: Limited Guarantee Agreement, Limited Guarantee Agreement (Blackstone Mortgage Trust, Inc.)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twenty-twenty five million dollars ($525,000,000) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after the Effective Closing Date.
Appears in 2 contracts
Sources: Guarantee Agreement (Blackstone Mortgage Trust, Inc.), Guarantee Agreement (Blackstone Mortgage Trust, Inc.)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall must not fall below at the sum end of (i) five hundred twenty-five million dollars (any Fiscal Quarter be less than $525,000,000) 2,975,543,739 plus (ii) seventy-five percent (75%) % of the net cash proceeds of any equity issuance issuances by Guarantor that occurs after subsequent to the Effective Closing Date.
Appears in 2 contracts
Sources: Guaranty (Blackstone Mortgage Trust, Inc.), Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twentyNine Hundred Eight Million One Hundred Forty-five million dollars Three Thousand Seven Hundred Fifty-Four Dollars and Two Cents ($525,000,000908,143,754.02) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs on or after the Effective Datedate hereof.
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Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) seven hundred seventeen million one hundred ten thousand five hundred twentyninety-five million four and 29/100 dollars ($525,000,000717,110,594.29) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after the Effective Closing Date.
Appears in 1 contract
Sources: Parent Guaranty and Indemnity (Blackstone Mortgage Trust, Inc.)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twentyNine Hundred Seventy-five million dollars One Million Seven Hundred Thousand and No/100 Dollars ($525,000,000971,700,000.00) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after the Effective Datedate hereof.
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Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below equal to or in excess of the sum of (i) five hundred twenty-five million dollars ($525,000,000) plus 45,687,000, and (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after the Effective Date.
Appears in 1 contract
Sources: Guaranty (Tremont Mortgage Trust)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not to fall below the sum of (i) five hundred twenty-five million dollars ($525,000,000) 1,862,021,112, plus (iib) seventy-five percent (75%) of the net cash proceeds of any equity issuance by the Guarantor that occurs after the Effective Closing Date.
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Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twenty-five fifty million dollars ($525,000,00050,000,000) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after the Effective Closing Date.
Appears in 1 contract
Sources: Guarantee Agreement (Blackstone Mortgage Trust, Inc.)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twenty-five million dollars Nine Hundred Seventy One Million Seven Hundred Thousand Dollars ($525,000,000971,700,000.00) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs on or after the Effective Datedate hereof.
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Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not fall below the sum of (i) five hundred twentyOne Billion Six Hundred Six Million Nine Hundred Seventy-five million dollars Three Thousand Three Hundred Seventy-Six Dollars ($525,000,0001,606,973,376.00) plus (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs on or after the Effective DateMay 20, 2015.
Appears in 1 contract
Sources: Guarantee Agreement (Blackstone Mortgage Trust, Inc.)
Minimum Tangible Net Worth. Guarantor’s Tangible Net Worth shall not to fall below the sum of (ia) five hundred twenty-five million dollars ($525,000,000) 3,493,179,313, plus (iib) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after the Effective Closing Date.
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Minimum Tangible Net Worth. Guarantor’s Guarantor shall maintain a Tangible Net Worth shall not fall below equal to or greater than the sum of (i) five hundred twenty-five million dollars ($525,000,000) plus 193,270,000, (ii) seventy-five percent (75%) of the net cash proceeds of any equity issuance by Guarantor that occurs after December 31, 2021, and (iii) seventy-five percent (75%) of the Effective Dateamount accreted into income of the purchase price discount after December 31, 2021 with respect to Tremont Mortgage Trust loans purchased by Guarantor.
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Minimum Tangible Net Worth. The Guarantor’s Tangible Net Worth shall not fall below be less than the sum of (i) five hundred twenty-five million dollars ($525,000,000) plus 450,0000 and (ii) seventy-five percent (an amount equal to 75%) % of the net cash proceeds value of any equity issuance by of Equity Interests in Guarantor that occurs after the Effective Closing Date.
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Minimum Tangible Net Worth. Guarantor’s 's minimum Tangible Net Worth shall be not fall below the sum of less than (ia) five hundred twenty-five million dollars $45,000,000.00 or ($525,000,000b) plus (ii) seventy-five percent (75%) 95% of the net cash proceeds equity raised by the August 11, 1997, initial public offering of any equity issuance by Guarantor that occurs after the Effective Datecommon stock, plus 70% of positive Net Income determined as of the end of Guarantor's fiscal quarter .
Appears in 1 contract
Sources: Guaranty (Eagle Geophysical Inc)
Minimum Tangible Net Worth. Guarantor’s 's minimum Tangible Net Worth shall be not fall below the sum of less than (ia) five hundred twenty-five million dollars $45,000,000.00 or ($525,000,000b) plus (ii) seventy-five percent (75%) 95% of the net cash proceeds equity raised by the August 11, 1997, initial public offering of any equity issuance by Guarantor that occurs after the Effective Datecommon stock, plus 70% of positive Net Income determined as of the end of Guarantor's most recent fiscal quarter .
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Minimum Tangible Net Worth. Guarantor’s Guarantor shall maintain a Tangible Net Worth shall not fall below equal to or greater than the sum of (i) five hundred twenty-five million dollars Eight Hundred Million Dollars ($525,000,000800,000,000.00) plus (ii) seventy-five percent (75%) of the aggregate net cash proceeds of any and all equity issuance issuances, capital contributions and/or subscriptions (net of any out-of-pocket expenses related to equity issuances) by Guarantor that occurs occur after the Effective Closing Date.
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