Book Net Worth. The Company shall maintain on the last day of each quarter occurring in each of the periods set forth below, the Book Net Worth (as that term is defined in the Company's credit agreement with NBCI dated May 3, 1994) which is greater than or equal to the amount set forth opposite such period: PERIOD BOOK NET WORTH ------ -------------- Date hereof to and including June 29, 1994 ($4,232,000) June 30, 1994 to and including September 29, 1994 ($3,300,000) September 30, 1994 to and including December 30, 1994 ($2,850,000) December 31, 1994 to and including March 30, 1995 ($3,100,000) March 31, 1995 to and including June 29, 1995 ($2,650,000) June 30, 1995 to and including September 29, 1995 ($1,000,000) September 30, 1995 to and including December 30, 1995 ($ 800,000) December 31, 1995 to and including March 30, 1996 ($ 900,000) March 31, 1996 to and including June 29, 1996 ($ 400,000) June 30, 1996 to and including September 29, 1996 $1,000,000 September 30, 1996 and thereafter $1,600,000
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Samples: Rockford Corp, Rockford Corp
Book Net Worth. The Company shall will maintain on the last day of each quarter occurring in each of the periods set forth below, the a Book Net Worth (as that term is defined in the Company's credit agreement with NBCI dated May 3, 1994) which is greater than or equal to the amount set forth opposite such period: PERIOD BOOK NET WORTH ------ -------------- Date hereof to and including June 29, 1994 ($4,232,000) June 30, 1994 to and including September 29, 1994 ($3,300,000) September 30, 1994 to and including December 30, 1994 ($2,850,000) December 31, 1994 to and including March 30, 1995 ($3,100,000) March 31, 1995 to and including Through June 29, 1995 ($2,650,000) June 30, 1995 to and including through September 29, 1995 ($1,000,000) September 30, 1995 to and including through December 30, 1995 ($ 800,000) December 31, 1995 to and including through March 30, 1996 ($ 900,000) March 31, 1996 to and including through June 29, 1996 ($ 400,000) June 30, 1996 to and including through September 29, 1996 $1,000,000 September 30, 1996 and thereafter $1,600,000
Appears in 2 contracts
Samples: Purchase Agreement (Rockford Corp), Purchase Agreement (Rockford Corp)
Book Net Worth. The Company shall will maintain on the last day of each quarter occurring in each of the periods set forth below, the a Book Net Worth (as that term is defined in the Company's credit agreement with NBCI dated May 3, 1994) which is greater than or equal to the amount set forth opposite such period: PERIOD BOOK NET WORTH ------ -------------- Date hereof to and including June 29, 1994 ($4,232,000) June 30, 1994 to and including September 29, 1994 ($3,300,000) September 30, 1994 to and including December 30, 1994 ($2,850,000) December 31, 1994 to and including March 30, 1995 ($3,100,000) March 31, 1995 to and including Through June 29, 1995 ($2,650,000) June 30, 1995 to and including through September 29, 1995 ($1,000,000) September 30, 1995 to and including through December 30, 1995 ($ 800,000) December 31, 1995 to and including through March 30, 1996 ($ 900,000) March 31, 1996 to and including through June 29, 1996 ($ 400,000) June 30, 1996 to and including through September 29, 1996 $1,000,000 -10- 11 PERIOD BOOK NET WORTH ------ -------------- September 30, 1996 and thereafter $1,600,000
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