Common use of Minimum Consolidated Adjusted Tangible Net Worth Clause in Contracts

Minimum Consolidated Adjusted Tangible Net Worth. Section 9.3(A) is amended in its entirety to read as follows: (A) Minimum Consolidated Adjusted Tangible Net Worth. Maintain a Consolidated Adjusted Tangible Net Worth of not less than the amount shown below at all times during the period corresponding thereto: Consolidated Adjusted Period Tangible Net Worth First fiscal quarter of fiscal year $21,500,000 ending December 31, 1996 Second fiscal quarter of fiscal year $21,000,000 ending December 31, 1996 Third fiscal quarter of fiscal year $18,750,000 ending December 31, 1996 Fourth fiscal quarter of fiscal year $20,200,000 ending December 31, 1996 First fiscal quarter of fiscal year $21,500,000 ending December 31, 1997 Second fiscal quarter of fiscal year $23,250,000 ending December 31, 1997 Third fiscal quarter of fiscal year $26,000,000 ending December 31, 1997 Fourth fiscal quarter of fiscal year $29,000,000 ending December 31, 1997 First fiscal quarter of fiscal year $30,000,000 ending December 31, 1998 Second fiscal quarter of fiscal year $31,000,000 ending December 31, 1998 Third fiscal quarter of fiscal year $32,350,000 ending December 31, 1998 Fourth fiscal quarter of fiscal year $32,750,000 ending December 31, 1998 and at all times thereafter"

Minimum Consolidated Adjusted Tangible Net Worth. Section 9.3(A) is amended in its entirety to read as follows: (A) Minimum Consolidated Adjusted Tangible Net Worth. Maintain a Consolidated Adjusted Tangible Net Worth of not less than the amount shown below at all times during the period corresponding thereto: Consolidated Adjusted Period Tangible Net Worth First fiscal quarter of fiscal year $21,500,000 ending December 31, 1996 Second fiscal quarter of fiscal year $21,000,000 ending December 31, 1996 Third fiscal quarter of fiscal year $18,750,000 ending December 31, 1996 Fourth fiscal quarter of fiscal year $20,200,000 ending December 31, 1996 First fiscal quarter of fiscal year $21,500,000 24,950,000 ending December 31, 1997 Second fiscal quarter of fiscal year $23,250,000 26,500,000 ending December 31, 1997 Third fiscal quarter of fiscal year $26,000,000 28,300,000 ending December 31, 1997 Fourth fiscal quarter of fiscal year $29,000,000 28,750,000 ending December 31, 1997 First fiscal quarter of fiscal year $30,000,000 29,000,000 ending December 31, 1998 Second fiscal quarter of fiscal year $31,000,000 30,500,000 ending December 31, 1998 1999 Third fiscal quarter of fiscal year $32,350,000 ending December 31, 1998 Fourth fiscal quarter of fiscal year $32,750,000 ending December 31, 1998 and at all times thereafter"