Minimum Equity Amount

Minimum Equity Amount. Means, as of any date of determination, an amount equal to the greater of (a) $31,500,000 and (b) the sum of the Adjusted Borrowing Value of all Eligible Loan Assets of the three largest Obligors included in the Collateral Portfolio.

Minimum Equity Amount. As of any Measurement Date, an amount equal to the greater of (i) (a) $45,000,000, if the Facility Amount is greater than $175,000,000 and (b) $35,000,000, if the Facility Amount is $175,000,000 or less and (ii) the sum of the OLB of all Eligible Loans to the three largest Obligors included in the Collateral; provided, however, that immediately prior to or following a securitization where Wells Fargo is lead or joint lead bookrunner, the Servicer may propose a temporary alternative Minimum... Equity Amount and the Supermajority may approve, amend or reject such proposal in its sole and absolute discretion; and provided further that the "Minimum Equity Amount" shall not be decreased following the end of the Revolving Period. View More

Minimum Equity Amount. The greater of (i) the sum of the Adjusted Borrowing Value of all Eligible Loans attributable to the three Obligors collectively comprising the largest aggregate Adjusted Borrowing Value included in the Borrowing Base and (ii) $70,000,000.