Common use of Net Worth Maintenance Clause in Contracts

Net Worth Maintenance. If at the close of any month, there is a Net Worth Deficiency for such month, Finance shall forthwith send to Fuji a Net Worth Certification with respect thereto (accompanied by financial statements for such period) requesting Fuji to purchase, or to cause a subsidiary of Fuji to purchase, shares of NW Preferred Stock from Finance having an aggregate liquidation preference equal to such Net Worth Deficiency, and Fuji shall, within five Business Days after receipt by Fuji of such written request from Finance, purchase, or cause a subsidiary of Fuji to purchase, shares of NW Preferred Stock from Finance in such amount, against delivery of such shares to Fuji or the Branch or such subsidiary, as Fuji shall elect by three Business Days' prior written notice to Finance.