Common use of Net Worth Clause in Contracts

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities minus investments in other cooperatives and joint ventures (both all as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter62,500,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter26,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter77,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof hereof, an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than than: (i) $65,000,000.00 39,500,000.00; and (ii) increasing by 25% of net income (following receipt of the audit) beginning with the Company's to $41,075,000.00 at fiscal year ending December 31, 2013 2008 and each fiscal year end continuing thereafter.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H8(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter12,500,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter39,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter33,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to under Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than than: (i) $65,000,000.00 44,650,000.00; (ii) increasing by 25% of net income (following receipt of the audit) beginning with the Company's to $47,650,000.00 at fiscal year ending December 31, 2013 2007; and each (iii) increasing to $48,650,000.00 at fiscal year end ending 2008 and thereafter.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter54,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than than: (i) $65,000,000.00 increasing by 25% 21,000,000.00 beginning upon commencement of net income operations; and (following receipt of the auditii) $23,000,000.00 beginning with the Company's fiscal year ending December 31September 30, 2013 2006, and each fiscal year end continuing thereafter.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H8(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter3,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of unconsolidated total assets over unconsolidated total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt 32,000,000.00, plus any amount of the audit) beginning with subordinated convertible debt converted to capital units per the Company's fiscal year ending December 31notice of redemption dated May 2, 2013 and each fiscal year end thereafter2014.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% 50,000,000.00, except that in determining total liabilities, the amount of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafterTax Increment Financing shall be excluded.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H8(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter.9,000,000.00

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter90,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements statement are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter45,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H) hereof an excess of total assets over total Exhibit 10.21(b) liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter60,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H8(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter10,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H8(H) hereof an excess of total assets over total liabilities minus investments in other cooperatives and joint ventures (both all as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter55,000,000.00.

Net Worth. The Company will have at the end of each period for which financial statements are required to be furnished pursuant to Section 9(H8(H) hereof an excess of total assets over total liabilities (both as determined in accordance with GAAP consistently applied) of not less than $65,000,000.00 increasing by 25% of net income (following receipt of the audit) beginning with the Company's fiscal year ending December 31, 2013 and each fiscal year end thereafter23,000,000.00.