Common use of Tangible Net Worth Clause in Contracts

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.

Appears in 14 contracts

Samples: Purchase and Contribution Agreement (United Rentals North America Inc), Receivables Purchase Agreement (United Rentals North America Inc), Assignment and Acceptance Agreement

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Tangible Net Worth. The Seller will maintain Tangible Net Worth at all times equal to at least 3% of the Outstanding Balance aggregate Purchase Price (as defined in the Originator Purchase Agreement) of the all outstanding Pool Receivables at such timetime (net of Collections that have been received on such outstanding Pool Receivables).

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Medco Health Solutions Inc), Receivables Purchase Agreement (Medco Health Solutions Inc)

Tangible Net Worth. The Seller will maintain Tangible Net Worth at all times equal to at least 37.5% of the Outstanding Balance of the all Non-Defaulted Receivables at such time.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Columbia Energy Group), Receivables Purchase Agreement (Columbia Energy Group)

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.. (t)

Appears in 1 contract

Samples: Receivables Purchase Agreement (Dal Tile International Inc)

Tangible Net Worth. The Seller will maintain Tangible Net Worth at all times equal to at least 315% of the Outstanding Balance of the Receivables which are not Defaulted Receivables at such time.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Northern Indiana Public Service Co)

Tangible Net Worth. The Seller will maintain Tangible Net Worth at all times equal to at least 35% of the Outstanding Balance of the Receivables at such time.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Rite Aid Corp)

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Tangible Net Worth. The Seller will at all times maintain Tangible Net Worth at all times equal to at least 310% of the Outstanding Balance of the Receivables at such time.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ferro Corp)

Tangible Net Worth. The Seller will maintain Tangible Net Worth at all times equal to at least 310.50% of the Outstanding Balance of the Receivables at such time.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Olin Corp)

Tangible Net Worth. The Seller will maintain Tangible Net Worth at all times equal to at least 3% of the Outstanding Balance of the Pool Receivables at such time.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Medco Health Solutions Inc)

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