Tangible Net Worth. The Seller will not permit its tangible net worth, at any time, to be less than $10,000,000.
Tangible Net Worth. The Borrower shall maintain at all times a positive Tangible Net Worth.
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Three Million Dollars ($3,000,000).
Tangible Net Worth. During the term of the Agreement, Seller, or Seller’s Guarantor, if applicable, shall be required to provide Buyer written financial information to determine the Seller’s, or Seller’s Guarantor’s Tangible Net Worth. Financial information shall include an audited “Annual Report”, containing, but not limited to, a balance sheet prepared in accordance with generally accepted accounting principles, a schedule of long term debt including maturity dates, and all notes to the financial statement that apply to long term debt, short term borrowing, and liquidity and capital resources. The Seller, or Seller’s Guarantor, shall also provide the Buyer written financial information on a quarterly basis containing a balance sheet prepared in accordance with generally accepted accounting principles. However, if Seller’s, or Seller’s Guarantor’s, if applicable, equity is publicly traded on the New York Stock Exchange, NASDAQ National Market, or American Stock Exchange, the Buyer will waive the requirement to provide written financial information.
Tangible Net Worth. The Seller will maintain Tangible Net Worth at all times equal to at least 3% of the Outstanding Balance of the Receivables at such time.
Tangible Net Worth. Maintain on a consolidated basis Tangible Net Worth equal to at least the sum of the following:
Tangible Net Worth. To maintain as of the end of each fiscal quarter, based on the financial results of each Borrower as reported on SEC Form 10-Q or 10-K, as applicable, of each entity comprising Borrower, a combined Tangible Net Worth of not less than Five Hundred Million Dollars ($500,000,000.00)
Tangible Net Worth. Borrower shall maintain, as of the last day of each calendar month, a Tangible Net Worth of not less than Four Million Dollars ($4,000,000) plus thirty-five percent (35%) of Borrower's quarterly net income.
Tangible Net Worth. As of the last day of each fiscal quarter of Borrower (beginning with the fiscal quarter ending June 30, 2016), Tangible Net Worth shall be greater than or equal to the sum of (i) $3,227,239,400, plus (ii) an amount equal to fifty percent (50%) of the cumulative Net Income of Borrower and its Subsidiaries (without deduction for losses) earned for each completed fiscal quarter subsequent to March 31, 2016 to the date of determination.
Tangible Net Worth. A Tangible Net Worth of at least $6,000,000.
