Common use of Capital Base Clause in Contracts

Capital Base. During each of the periods set forth below, not permit the Borrower's Capital Base to be less than the amount set forth opposite such period at any time: PERIOD CAPITAL BASE March 31, 1995 through and including October 30, 1995 $3,200,000 October 31, 1995 through and including March 30, 1996 $3,300,000 March 31, 1996 to and including October 30, 1996 $3,400,000 October 31, 1996 and thereafter $3,500,000

Appears in 1 contract

Samples: Credit and Security Agreement (Primegg LTD)

AutoNDA by SimpleDocs

Capital Base. During each of the periods set forth below, not permit the Borrower's Capital Base to be less than the amount set forth opposite such period at any time: PERIOD CAPITAL BASE March 31January 1, 1995 through and including October 30, 1995 $3,200,000 October 31, 1995 through and including March 30, 1996 $3,300,000 March 31, 1996 1997 to and including October 30, 1996 $3,400,000 October December 31, 1996 1997 $4,900,000 January 1, 1998 to and including December 31, 1998 $5,400,000 January 1, 1999 and thereafter $3,500,0005,900,000

Appears in 1 contract

Samples: Credit and Security Agreement (Primegg LTD)

Capital Base. During each of the periods set forth below, not permit the Borrower's Capital Base to be less than the amount set forth opposite such period at any time: 94 PERIOD CAPITAL BASE March 31, 1995 through and including October 30, 1995 $3,200,000 October 31, 1995 through and including March 30, 1996 $3,300,000 March 31, 1996 to and including October 30, 1996 $3,400,000 October 31, 1996 and thereafter $3,500,000

Appears in 1 contract

Samples: Credit and Security Agreement (Primegg LTD)

Capital Base. During each of the periods set forth below, not permit the Borrower's Capital Base to be less than the amount set forth opposite such period at any time: PERIOD CAPITAL BASE March 31June 1, 1995 1996 through and including October 30, 1995 $3,200,000 October 31, 1995 through and including March June 30, 1996 $3,300,000 March 4,600,000 July 1, 1996 through and including December 31, 1996 $4,700,000 107 January 1, 1997 to and including October 30, 1996 $3,400,000 October December 31, 1996 1997 $4,900,000 January 1, 1998 and thereafter $3,500,0005,100,000

Appears in 1 contract

Samples: Credit and Security Agreement (Primegg LTD)

AutoNDA by SimpleDocs

Capital Base. During each of the periods set forth below, not permit the Borrower's Capital Base to be less than the amount set forth opposite such period at any time: 77 PERIOD CAPITAL BASE March 31, 1995 through and including October 30, 1995 $3,200,000 October 31, 1995 through and including March 30, 1996 $3,300,000 March 31, 1996 to and including October 30, 1996 $3,400,000 October 31, 1996 and thereafter $3,500,000

Appears in 1 contract

Samples: Credit and Security Agreement (Primegg LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.