Common use of Capital Base Clause in Contracts

Capital Base. The Borrower will maintain, as at the end of each fiscal quarter of the Borrower, a consolidated Capital Base of not less than $5,000,000.

Appears in 1 contract

Sources: Term Loan Agreement (Diacrin Inc /De/)

Capital Base. The Borrower will maintain, as at the end close of each fiscal quarter of the BorrowerBorrower (commencing with its results as at March 31, 1999), a consolidated Capital Base of not less than $5,000,0008,000,000.

Appears in 1 contract

Sources: Term Loan Agreement (Biotransplant Inc)