Minimum Net Worth. The Seller shall at all times maintain total assets which exceed its total liabilities by not less than 3% of the Purchase Limit at such time.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yellow Roadway Corp), Receivables Purchase Agreement (Yellow Roadway Corp)
Minimum Net Worth. The Seller shall at all times maintain total assets which exceed its total liabilities by not less than 3% of the Purchase Limit Outstanding Balance of the Receivables at such time.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Yellow Corp), Receivables Purchase Agreement (Yellow Corp), Receivables Purchase Agreement (JPF Acquisition Corp)
Minimum Net Worth. The Seller shall at all times maintain total assets which exceed its total liabilities by Net Worth of not less than 3% of the Purchase Limit at such timeLimit.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Eastman Chemical Co), Receivables Purchase Agreement (Eastman Chemical Co)
Minimum Net Worth. The Seller shall at all times maintain total ----------------- assets which exceed its total liabilities by not less than 3% of the Purchase Limit at such time$14,250,000.
Appears in 1 contract
Samples: Receivable Interest Purchase Agreement (Federal Mogul Corp)
Minimum Net Worth. The Seller shall at all times maintain total assets which exceed its total liabilities by not less than 3% of the Purchase Limit at such time$14,250,000.
Appears in 1 contract
Samples: Receivable Interest Purchase Agreement (Federal Mogul Corp)
Minimum Net Worth. The Seller shall at all times maintain total ----------------- assets which exceed its total liabilities by not less than 3% of the Purchase Limit Outstanding Balance of the Receivables at such time.
Appears in 1 contract
