Common use of Minimum Tangible Net Worth Clause in Contracts

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as of the end of each calendar quarter by Lender.

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement (Amphastar Pharmaceuticals, Inc.), Loan Agreement (Amphastar Pharmaceuticals, Inc.)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Fifty Million and 00/100 Dollars ($125,000,000.00), which shall be 150,000,000.00) measured as of the end last day of each calendar of Borrower’s quarter by Lenderend.

Appears in 2 contracts

Sources: Renewal and Modification Agreement, Renewal and Modification Agreement (Greenhill & Co Inc)

Minimum Tangible Net Worth. On Borrower will maintain, on a consolidated basis with its Subsidiariesbasis, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million and No/100 Dollars ($125,000,000.001,000,000.00), which . This covenant shall be measured calculated as of the end last day of each calendar fiscal quarter by Lenderof Borrower.

Appears in 2 contracts

Sources: Loan Agreement (Sanara MedTech Inc.), Modification Agreement (Sanara MedTech Inc.)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times maintain a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be 150,000,000 measured as of the end last day of each calendar quarter by Lenderquarter.

Appears in 2 contracts

Sources: Loan Agreement (PJT Partners Inc.), Loan Agreement (PJT Partners Inc.)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Permit the Tangible Net Worth of not Borrower on a consolidated basis to be less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured 75,000,000 as of the end fiscal quarter ending December 29, 2012 and as of each calendar fiscal quarter by Lenderend thereafter.

Appears in 1 contract

Sources: Loan Agreement (Build a Bear Workshop Inc)

Minimum Tangible Net Worth. On Borrower will maintain, on a consolidated basis with its Subsidiariesbasis, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Ten Million and No/100 Dollars ($125,000,000.0010,000,000.00), which . This covenant shall be measured calculated as of the end last day of each calendar fiscal quarter by Lenderof Borrower.

Appears in 1 contract

Sources: Modification Agreement (Sanara MedTech Inc.)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall will maintain at all times a minimum Tangible Net Worth that is equal to or greater than $1,600,000, calculated based on the quarterly financial statements of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as of the end of each calendar quarter Borrower for such month delivered to Lender in accordance with Section 9.7(a) and accompanied by Lendera duly executed Financial Statement Certification and a duly completed and executed Compliance Certificate.

Appears in 1 contract

Sources: Construction Loan Agreement (United Development Funding IV)

Minimum Tangible Net Worth. On The Borrower will on a consolidated basis with maintain its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth at and as of each fiscal quarter end at an amount not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as of the end of each calendar quarter by Lender14,000,000.

Appears in 1 contract

Sources: Credit Agreement (Nortech Systems Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower The Borrowers shall maintain at all times a minimum maintain Tangible Net Worth of not less in an amount greater than or equal to One Hundred Twenty-Five Million and 00/100 Dollars ($125,000,000.00), which shall be measured as 100,000,000.00) for each Fiscal Quarter of the end of each calendar quarter by LenderBorrowers and their Subsidiaries ending after the Closing Date.

Appears in 1 contract

Sources: Loan Agreement (Igate Corp)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall Borrowers will maintain at all times a minimum consolidated Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00)5,500,000, which shall be measured as of at the end of each calendar quarter by Lenderquarter.

Appears in 1 contract

Sources: Loan Agreement (LGL Group Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times maintain a minimum Tangible Net Worth of in an amount not less than One Hundred Twenty-Five Million Dollars (i) $125,000,000.00), which shall be measured 150,000,000 as of the end December 31, 2009 and (ii) $150,000,000, plus fifty percent (50%) of Borrower's quarterly Consolidated Net Income for each calendar quarter by Lenderthereafter.

Appears in 1 contract

Sources: Inventory Loan and Security Agreement (Silverleaf Resorts Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as As of the end of each calendar quarter by Lendercalender month, the aggregate Tangible Net Worth of Borrowers shall not be less than $2,000,000.

Appears in 1 contract

Sources: Credit Agreement (William Lyon Homes)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Permit the Tangible Net Worth of not Borrower and its Subsidiaries on a consolidated basis at any time to be less than One Hundred Twenty-Five Million Dollars the sum of (i) $125,000,000.00)7,688,000.00, which shall be measured as plus (ii) an amount equal to fifty percent (50%) of the end cumulative Adjusted Net Income of the Borrower and its Subsidiaries on a consolidated basis (from each calendar quarter by Lenderfiscal year beginning the year ending February 28, 1998).

Appears in 1 contract

Sources: Loan and Security Agreement (Acr Group Inc)

Minimum Tangible Net Worth. On The Borrower will on a consolidated basis with maintain its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth at and as of each fiscal quarter end at an amount not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as of the end of each calendar quarter by Lender15,000,000.

Appears in 1 contract

Sources: Credit Agreement (Nortech Systems Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00)145,000,000, which shall be measured as of at the end of each calendar quarter by Lenderof Borrower’s fiscal quarters.

Appears in 1 contract

Sources: Loan Agreement (Faro Technologies Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, The Borrower shall maintain at all times maintain a minimum Tangible Net Worth of not less than One at least Two Million Two Hundred Twenty-Five Million Fifty Thousand Dollars ($125,000,000.002,250,000), which shall be measured as of the end of each calendar quarter by Lender.

Appears in 1 contract

Sources: Loan and Security Agreement (Hemagen Diagnostics Inc)