Common use of Minimum Net Working Capital Clause in Contracts

Minimum Net Working Capital. Permit Texadian’s consolidated Net Working Capital (as calculated on an Economic Basis) at any time (i) to be less than $10,000,000 if, as of such date of determination, the Elected Facility Amount is equal to $30,000,000, and (ii) to be less than $15,000,000 if, as of such date of determination, the Elected Facility Amount is equal to $50,000,000.

Minimum Net Working Capital. Permit Texadian’s consolidated Net Working Capital (as calculated on an Economic Basis) at any time (i) to be less than $10,000,000 if, as of such date of determination, the Elected Facility Amount is equal to $30,000,000, and (ii) to be less than $15,000,000 if, as of such date of determination, the Elected Facility Amount is equal to $50,000,00050,000,000 and (iii) to be less than $25,000,000 during the Temporary Maximum Availability Time.”

Minimum Net Working Capital. Permit Texadian’s consolidated Net Working Capital (as calculated on an Economic Basis) at any time (i) to be less than $10,000,000 if, as the greater of such date (i) 20% of determination, the Elected Facility Amount is equal to $30,000,000, then in effect and (ii) to be less than $15,000,000 if, as of such date of determination, the Elected Facility Amount is equal to $50,000,00020,000,000.