Financial Covenants of Borrower. In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated: ____________________
Financial Covenants of Borrower. Dated: ____________________
Financial Covenants of Borrower. The Borrower covenants and agrees that, so long as any Loan or Note is outstanding or any Bank has any obligation to make any Loans it will comply with the following:
Financial Covenants of Borrower. In the event of a conflict between this Schedule and the Agreement, the terms of the Agreement shall govern.
Financial Covenants of Borrower. The Loan Parties covenant and agree that, so long as any Loan, Note, Letter of Credit or other Obligation is outstanding or any Lender has any obligation to make any Loans or Agent has any obligation to issue any Letter of Credit:
Financial Covenants of Borrower. Dated: ____________________ Tangible Net Worth (Section 6.9(a)) Required Amount: $6,000,000 plus (i) 50% of consideration for equity securities and subordinated debt plus (ii) 50% of Borrower’s quarterly net income Actual:
Financial Covenants of Borrower. Reporting Period Ending: ____________________ In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern.
Financial Covenants of Borrower. Borrower covenants and agrees that, so long as the Commitments hereunder shall be available, and until full, complete and indefeasible payment and performance of the Obligations, including, without limitation, all Loans evidenced by the Note, unless Requisite Lenders shall otherwise consent in writing, Borrower shall perform the following financial covenants. Borrower agrees and understands that (except as expressly provided herein) all covenants under this Section 7 shall be subject to quarterly compliance (as measured on the last day of each fiscal quarter of Borrower), and in each case review by Lenders of the respective fiscal quarter's consolidated financial statements delivered to Agent by Borrower pursuant to Section 5.1.
Financial Covenants of Borrower. In the event of a conflict between this Schedule and the Loan Agreement, the terms of the Loan Agreement shall govern. Dated: ____________________ Tangible Net Worth (Section 6.9(a)) Required: $12,500,000 plus (i) 50% of new equity and subordinated debt plus (ii) 50% of quarterly net income on or after March 31, 2010 Actual:
Financial Covenants of Borrower. Dated: Tangible Net Worth (Section 6.9) Required: <$10,000,000> plus 50% of new equity and subordinated debt received after May 30, 2007 plus 50% of quarterly net income for each quarter ending on or after December 31, 2007. Actual:
