Common use of Maintenance of Tangible Net Worth Clause in Contracts

Maintenance of Tangible Net Worth. The Tangible Net Worth of the Guarantor, on a consolidated basis and on any given day, shall be equal to or greater than $34,000,000;

Maintenance of Tangible Net Worth. The Tangible Net Worth of the Guarantor, on a consolidated basis and on any given day, shall be equal to or greater than $34,000,000, or such greater amount provided in any other guaranty, loan agreement, indenture or other material agreement entered into by the Guarantor;

Maintenance of Tangible Net Worth. The Tangible Net Worth of the Guarantor, on a consolidated basis and on any given day, shall be equal to or greater than the sum of (i) $34,000,000110,000,000 plus (ii) an amount equal to 50% of the aggregate positive quarterly Net Income (without deduction for quarterly losses) commencing with Net Income for the quarter ending in October, 2003;

Maintenance of Tangible Net Worth. The Tangible Net Worth of the Guarantor, on a consolidated basis and on any given day, shall be equal to or greater than $34,000,00095,000,000; and not less than 80% of the Tangible Net Worth of the Guarantor, on a consolidated basis, as at the end of each fiscal quarter;

Maintenance of Tangible Net Worth. The Tangible Net Worth of the Guarantor, on a consolidated basis and on any given day, shall be equal not less than (A) $37,000,000 prior to or greater than January 1, 2002, and (B) $34,000,000, thereafter;"

Maintenance of Tangible Net Worth. The Tangible Net Worth of the Guarantor, on a consolidated basis and on any given day, shall be equal to or greater than $34,000,000;60,000,000."

Maintenance of Tangible Net Worth. The Tangible Net Worth of the Guarantor, on a consolidated basis and on any given day, shall be equal to or greater than $34,000,00060,000,000; and not less than 80% of the Tangible Net Worth of the Guarantor, on a consolidated basis, as at the end of each fiscal quarter;