Common use of Capital Base Clause in Contracts

Capital Base. The Borrower shall maintain at all times a minimum Capital Base of at least $9,000,000.00, to be tested quarterly as of the last day of each fiscal quarter.

Appears in 1 contract

Sources: Loan Agreement (American Medical Alert Corp)

Capital Base. The Borrower shall maintain at all times a minimum Capital Base of at least $9,000,000.006,000,000.00, to be tested quarterly as of the last day of each fiscal quarter.

Appears in 1 contract

Sources: Loan Agreement (American Medical Alert Corp)