Tangible Effective Net Worth. On the Computation Date, Tangible Effective Net Worth, which is required to be not less than $ , was $ , as computed in the supporting documents attached hereto as Schedule 1.
Tangible Effective Net Worth. Maintain a Tangible Effective Net Worth of not less than the following amounts during each of the respective periods: Period Amount From the date of this Agreement through November 30, 2001 $85,000,000.00* * To increase by 505 of new equity and 75% of net income after tax for each fiscal quarter.
Tangible Effective Net Worth. Borrower shall maintain, as of the last day of each fiscal quarter, a Tangible Effective Net Worth of not less than Three Hundred Fifty Two Million and 00/100 Dollars ($352,000,000.00); which sum shall increase, on an annual basis as of Borrower's fiscal year end, by an amount equal to (a) fifty percent (50%) of Borrower's net profit; plus (b) ninety percent (90%) of additional equity raised by Borrower.
Tangible Effective Net Worth. Borrower shall not permit Tangible Effective Net Worth to be less than the sum of Twelve Million and 00/100 Dollars ($12,000,000.00).
Tangible Effective Net Worth. Commencing April 30, 2006, maintain as of the end of each fiscal quarter a Tangible Effective Net Worth of not less than the following amounts during the periods specified below: Fiscal Quarter Amount April 30, 2006 $ 47,500,000 July 31, 2006 $ 57,000,000 October 31, 2006 and thereafter $ 56,000,000 7.11 [Reserved].
Tangible Effective Net Worth. On the Compliance Date, Borrower's Tangible Net Worth plus its Subordinated Debt (computed on line _____ below) was $________________ (and is required under the Agreement to be not less than $______________ at the Compliance Date).
Tangible Effective Net Worth. On the Computation Date, Companies’ Tangible Effective Net Worth, which is required to be not less than $___ was ___ as computed in the supporting documents attached hereto as Schedule 1.
Tangible Effective Net Worth. Borrower shall not allow its Tangible Effective Net Worth, to be less than the following described amounts as of the following described dates:
Tangible Effective Net Worth. Maintain, at all times, a Tangible Effective Net Worth of not less than Six Million and 00/100 Dollars ($6,000,000.00).
Tangible Effective Net Worth. Borrower shall maintain an Effective Tangible Net Worth in an amount no less than Eight Million Seven Hundred Fifty Thousand and 00/100 Dollars ($8,750,000.00), which amount shall be increased, on a quarterly basis, by fifty percent (50%) of new equity raised and fifty percent (50%) of Net Income.
