Common use of Tangible Capital Base Clause in Contracts

Tangible Capital Base. The actual Tangible Capital Base as of the end of the fiscal quarter most recently ended is: $ The Tangible Capital Base as of the end of the fiscal quarter most recently ended is required to be not less than: $ (A) Book net worth of Core Ameresco Companies on a consolidated basis: $ plus (B) Outstanding principal amount of Subordinated Indebtedness: $ (C) Total book value of all assets of Core Ameresco Companies on a consolidated basis treated as intangible assets under GAAP: $ (D) Accounts receivable, notes receivable, other amounts due and owing from any Affiliate of a Core Ameresco Company: $ minus (E) Renewable Energy Project Guaranty Liabilities $