Examples of Adjusted Net Worth in a sentence
For purposes of this section, Leverage Ratio is computed by dividing the Issuer’s Total Adjusted Net Worth, as defined by Ginnie Mae, above, by the Issuer’s Total Assets.
The Parent shall at all times maintain an Adjusted Net Worth of not less than the Minimum Tangible Net Worth.
Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its proportionate share (based, to the maximum extent permitted by law, on the respective Adjusted Net Worth of the Guarantors on the date the respective payment is made) of any payment made hereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder that has not paid its proportionate share of such payment.
Positive Adjusted Net Worth for each of the last five (5) financial years defined above;b.
The actual expense overrun in reporting period has been reflected in Adjusted Net Worth.