Common use of Tangible Net Worth Clause in Contracts

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars ($700,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Three Million Dollars ($700,0003,000,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars ($700,000)0.”

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Four Million Dollars ($700,000)4,000,000) plus thirty-five percent (35%) of Borrower's quarterly net income.

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand FOUR MILLION SIX HUNDRED THOUSAND AND NO/100THS Dollars ($700,0004,600,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Forty Million Dollars ($700,00040,000,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars ($700,000700,000.00).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than than: (i) Seven Million Dollars ($7,000,000.00) for each month through the month ending June 30, 1999, and (ii) Four Million Five Hundred Thousand Dollars ($700,000)4,500,000.00) for each month thereafter."

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar quarter a Tangible Net Worth of not less than THREE MILLION FIVE HUNDRED THOUSAND AND NO/1OOTHS Dollars ($3,500,000), and intraquarterly, as of the last day of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand THREE MILLION AND NO/1OOTHS Dollars ($700,0003,000,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand the total outstanding principal and accrued interest under all credit facilities from Bank to Borrower plus TWO HUNDRED THOUSAND AND NO/100THS Dollars ($700,000200,000).

Tangible Net Worth. Borrower shall maintain, as of the last day of ------------------ of each calendar monthmonth commencing with the first calendar month ending after the Closing Date, a Tangible Net Worth of not less than Seven One Million Five Hundred Thousand Dollars ($700,0001,500,000.00).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand One Million Dollars ($700,0001,000,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Thirty Million Dollars ($700,00030,000,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars (at least $700,000)7,500,000.

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven One Million Five Hundred Thousand Dollars ($700,0001,500,000.00).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Three Million Five Hundred Thousand Dollars ($700,0003,500,000).

Tangible Net Worth. Borrower Borrowers shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Eighteen Million Dollars ($700,00018,000,000).”

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Three Million Five Hundred Thousand Dollars ($700,0003,500,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Eleven Million Dollars ($700,000)11,000,000) plus seventy five percent (75%) of the net proceeds received by Borrower after the Closing Date from the sale of its equity securities.

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars EIGHTEEN MILLION DOLLARS ($700,00018,000,000).

Tangible Net Worth. Borrower shall maintain, as of the last day of ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Three Million Dollars ($700,0003,000,000.00).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth plus Subordinated Debt of not less than Seven Five Million, Two Hundred Fifty Thousand Dollars ($700,0005,250,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Six Million, Five Hundred Thousand Dollars ($700,0006,500,000) and, after the Initial Public Offering, not less than Twenty Million Dollars ($20,000,000).

Tangible Net Worth. Borrower shall maintain, maintain as of the last day ------------------ of each calendar month, month a Tangible Net Worth of not less than Seven One Million Five Hundred Thousand Dollars ($700,0001,500,000).

Tangible Net Worth. Borrower shall maintain, as of the last day of ------------------ of each calendar monthquarter, a Tangible Net Worth of not less than Seven Hundred Thousand Forty-Five Million Dollars ($700,00045,000,000.00).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand FIVE MILLION Dollars ($700,0005,000,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars (at least $700,000)28,000,000.00."

Tangible Net Worth. Borrower shall maintain, tested as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars ($700,000).Eight Million

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Fifteen Million Dollars ($700,00015,000,000).

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven One Million Five Hundred Thousand Dollars ($700,0001,500,000.00)." and inserting in lieu thereof the following:

Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar monthmonth after the Equity Event, a Tangible Net Worth of not less than Seven Three Million Five Hundred Thousand Dollars ($700,0003,500,000).