Adjusted Tangible Net Worth. Borrow will maintain a minimum Adjusted Tangible Net Worth of $95,000,000. Adjusted Tangible Net Worth is defined as Tangible Net Worth before Other Comprehensive Income. For purposes of the Adjusted Tangible Net Worth calculation, Other Comprehensive Income will be the same as "Accumulated other comprehensive income (loss)" as presented in the audited financial statements of the Borrower.
Appears in 3 contracts
Samples: Monarch Cement Co, Monarch Cement Co, Monarch Cement Co
Adjusted Tangible Net Worth. Borrow Borrower will maintain a minimum Adjusted Tangible Net Worth of $95,000,000. Adjusted Tangible Net Worth is defined as Tangible Net Worth before Other Comprehensive Income. For purposes of the Adjusted Tangible Net Worth calculation, Other Comprehensive Income will be the same as "Accumulated other comprehensive income (loss)" as presented in the audited financial statements of the Borrower.
Appears in 3 contracts
Samples: Monarch Cement Co, Monarch Cement Co, Monarch Cement Co