Common use of Net Worth Clause in Contracts

Net Worth. Maintain an excess of Consolidated total assets over Consolidated total liabilities of the Borrower and its Subsidiaries of not less than $400,000,000.

Appears in 5 contracts

Samples: Credit Agreement (Memc Electronic Materials Inc), ZZZ Revolving Credit Agreement (Memc Electronic Materials Inc), Credit Agreement (Memc Electronic Materials Inc)

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Net Worth. Maintain an excess of Consolidated total assets over Consolidated total liabilities of the Borrower and its Subsidiaries of not less than $400,000,000500,000,000.

Appears in 4 contracts

Samples: Year Credit Agreement (Memc Electronic Materials Inc), Eight Year Credit Agreement (Memc Electronic Materials Inc), Seven Year Credit Agreement (Memc Electronic Materials Inc)

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Net Worth. Maintain an excess of Consolidated total assets over Consolidated total liabilities of the Borrower and its Subsidiaries of not less than $400,000,000500,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Packaging Corp of America), Five Year Credit Agreement (Packaging Corp of America), Five Year Credit Agreement (Packaging Corp of America)

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