Minimum Book Net Worth. Pursuant to Section 6.2(a) of the Credit Agreement, as of the Reporting Date, the Borrower’s Book Net Worth was $____________ which [ ]satisfies [ ] does not satisfy the requirement that such amount be not less than $_____________ on the Reporting Date as set forth in the table below (numbers appearing in parentheses are negative): Date Minimum Book Net Worth September 30, 2005 ($17,403,000) December 31, 2005 and the last day of each quarter thereafter ($17,601,000)
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Minimum Book Net Worth. Pursuant to Section 6.2(a5.2(a) of the Credit Agreement, as of the Reporting Date, the Borrower’s Company's Book Net Worth was $____________ _, which [ ]o satisfies [ ] o does not satisfy the requirement that such amount be not less than $_____________ 66,000,000 on the Reporting Date as set forth in the table below (numbers appearing in parentheses are negative): Date Minimum Book Net Worth September 30, 2005 ($17,403,000) December 31, 2005 and the last day of each quarter thereafter ($17,601,000)Date.
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Minimum Book Net Worth. Pursuant to Section 6.2(a5.2(a) of the Credit Agreement, as of the Reporting Date, the BorrowerCompany’s Book Net Worth was $____________ which [ ], which o satisfies [ ] o does not satisfy the requirement that such amount be not less than $_____________ on the Reporting Date as applicable amount set forth in the table below (numbers appearing in parentheses between “< >“ are negative): ) on the Reporting Date: Test Date Minimum Book Net Worth September 30, 2005 ($17,403,000) 2009 $ 18,800,000 December 31, 2005 and the last day of each quarter thereafter ($17,601,000)2009 $ 9,984,000 March 31, 2010 $ 5,055,000
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Minimum Book Net Worth. Pursuant to Section 6.2(a5.2(a) of the Credit Agreement, as of the Reporting Date, the BorrowerCompany’s Book Net Worth was $____________ which [ ], which o satisfies [ ] o does not satisfy the requirement that such amount be not less than $_____________ on the Reporting Date as applicable amount set forth in the table below (numbers appearing in parentheses between “< >” are negative): ) on the Reporting Date: Test Date Minimum Book Net Worth June 30, 2010 $ 64,346,000 September 30, 2005 ($17,403,000) 2010 $ 57,671,000 December 31, 2005 and the last day of each quarter thereafter ($17,601,000)2010 $ 52,983,000 March 31, 2011 $ 50,090,000
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Minimum Book Net Worth. Pursuant to Section 6.2(a6.2(b) of the Credit Agreement, as of the Reporting Date, Date the Borrower’s Borrowers’ Book Net Worth was $____________ $ which [ ]o satisfies [ ] o does not satisfy the requirement that such amount be not less than $_____________ on the Reporting Date $ as set forth in the table below (numbers appearing in parentheses are negative): Date below: Period Minimum Book Net Worth July 2003 $ 300,000 August 2003 $ 400,000 September 30, 2005 ($17,403,000) 2003 $ 1,200,000 October 2003 $ 1,050,000 November 2003 $ 1,050,000 December 31, 2005 2003 $ 1,350,000 January 2004 $ 1,200,000 February 2004 $ 1,200,000 March 2004 $ 1,765,000 April 2004 $ 1,615,000 May 2004 $ 1,615,000 June 2004 and the last day of each quarter every month thereafter ($17,601,000)$ 2,255,000
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Samples: Credit and Security Agreement (Smtek International Inc)
Minimum Book Net Worth. Pursuant to Section 6.2(a) of the Credit Agreement, as of the Reporting Date, the Borrower’s Book Net Worth was $____________ $ which [ ]o satisfies [ ] o does not satisfy the requirement that such amount be not less than $_____________ $ on the Reporting Date as set forth in the table below (numbers appearing in parentheses are negative): Date below: Month Minimum Book Net Worth September 30December, 2004 $ 14,036,000 January, 2005 ($17,403,000) December 31$ 13,961,000 February, 2005 and the last day of each quarter thereafter ($17,601,000)$ 13,827,000 March, 2005 $ 13,654,000 April, 2005 $ 13,768,000 May, 2005 $ 13,809,000
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