Common use of Maintenance of Net Worth Clause in Contracts

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 plus (b) 85% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 136,017,557, plus (b) 8575% of the aggregate net proceeds received by the Borrower Parent or any of its Subsidiaries after the Closing First Amendment Effective Date in connection with any offering of Stock or Stock Equivalents of the Borrower Borrower, Parent or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 212,500,000 plus (b) 8575% of the aggregate net proceeds received by the Borrower Parent or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower Borrower, Parent or the SubsidiariesSubsidiaries since June 30, 2022.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, shall at all times maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 90,000,000 plus (b) 85% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the SubsidiariesSubsidiaries that results in an increase of Tangible Net Worth.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 263,312,927, plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date March 31, 2020 in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 136,017,557, plus (b) 8575% of the aggregate net proceeds received by the Borrower Parent or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower Borrower, Parent or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, shall as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 plus (b) 85% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.102,905,490 plus

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 163,830,000, plus (b) 8575% of the aggregate net proceeds received by the Borrower Parent or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower Borrower, Parent or the SubsidiariesSubsidiaries since June 30, 2021.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 212,500,000, plus (b) 8575% of the aggregate net proceeds received by the Borrower Parent or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower Borrower, Parent or the SubsidiariesSubsidiaries since June 30, 2022.

Maintenance of Net Worth. The Borrower shall, shall as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 [___________]1, plus (b) 8575% of the aggregate net proceeds received by the Borrower Parent or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower Borrower, Parent or the Subsidiaries. 1 85% of TNW as of Alpine IPO.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 263,312,927378,259,050, plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing March 31, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Amendment Effective Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.. ​ ​

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $ $253,000,000 252,062,542, plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Third Amendment Effective Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, shall as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 124,309,726, plus (b) 8575% of the aggregate net proceeds received by the Borrower Parent or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower Borrower, Parent or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 plus (b) 85% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.465,259,119, plus

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 465,259,119, plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date June 30, 2024 in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, shall as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 129,972,198 plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 163,830,000, plus (b) 8575% of the aggregate net proceeds received by the Borrower Parent or any of its Subsidiaries after the Closing Date in connection ​ ​ with any offering of Stock or Stock Equivalents of the Borrower Borrower, Parent or the SubsidiariesSubsidiaries since June 30, 2021.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 20172013, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 152,000,000 plus (b) 85% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, shall as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 26,954,678.00 plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, shall as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 $ 168,580,529, plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Second Amendment Effective Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30December 31, 20172022, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 417,516,000 plus (b) 85% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, shall as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 96,626,249 plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.

Maintenance of Net Worth. The Borrower shall, as of the Closing Date and the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2017Quarter, maintain a Tangible Net Worth of not less than the sum of (a) $253,000,000 378,259,050, plus (b) 8575% of the aggregate net proceeds received by the Borrower or any of its Subsidiaries after the Closing Eighth Amendment Effective Date in connection with any offering of Stock or Stock Equivalents of the Borrower or the Subsidiaries.