Common use of Minimum Tangible Net Worth Clause in Contracts

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as of the end of each calendar quarter by Lender.

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement (Amphastar Pharmaceuticals, Inc.), Loan Agreement (Amphastar Pharmaceuticals, Inc.)

Minimum Tangible Net Worth. On Borrower will maintain, on a consolidated basis with its Subsidiariesbasis, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million and No/100 Dollars ($125,000,000.001,000,000.00), which . This covenant shall be measured calculated as of the end last day of each calendar fiscal quarter by Lenderof Borrower.

Appears in 2 contracts

Sources: Loan Agreement (Sanara MedTech Inc.), Modification Agreement (Sanara MedTech Inc.)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Fifty Million and 00/100 Dollars ($125,000,000.00), which shall be 150,000,000.00) measured as of the end last day of each calendar of Borrower’s quarter by Lenderend.

Appears in 2 contracts

Sources: Renewal and Modification Agreement, Renewal and Modification Agreement (Greenhill & Co Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times maintain a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be 150,000,000 measured as of the end last day of each calendar quarter by Lenderquarter.

Appears in 2 contracts

Sources: Loan Agreement (PJT Partners Inc.), Loan Agreement (PJT Partners Inc.)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times maintain a minimum Tangible Net Worth of in an amount not less than One Hundred Twenty-Five Million Dollars (i) $125,000,000.00), which shall be measured 100,000,000 as of the end December 31, 2004, and (ii) $100,000,000, plus fifty percent (50%) of Borrower's quarterly Consolidated Net Income for each calendar quarter by Lenderthereafter.

Appears in 2 contracts

Sources: Receivables Loan and Security Agreement (Silverleaf Resorts Inc), Inventory Loan and Security Agreement (Silverleaf Resorts Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00)145,000,000, which shall be measured as of at the end of each calendar quarter by Lenderof Borrower’s fiscal quarters.

Appears in 1 contract

Sources: Loan Agreement (Faro Technologies Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as As of the end of each calendar quarter by Lendercalender month, the aggregate Tangible Net Worth of Borrowers shall not be less than $2,000,000.

Appears in 1 contract

Sources: Credit Agreement (William Lyon Homes)

Minimum Tangible Net Worth. On Borrower will maintain, on a consolidated basis with its Subsidiariesbasis, Borrower shall maintain at all times a minimum Tangible Net Worth of not less than One Hundred Twenty-Five Ten Million and No/100 Dollars ($125,000,000.0010,000,000.00), which . This covenant shall be measured calculated as of the end last day of each calendar fiscal quarter by Lenderof Borrower.

Appears in 1 contract

Sources: Modification Agreement (Sanara MedTech Inc.)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower The Borrowers shall maintain at all times a minimum maintain Tangible Net Worth of not less in an amount greater than One Hundred Twentyor equal to Ninety-Five Million and 00/100 Dollars ($125,000,000.00), which shall be measured as 95,000,000.00) for each Fiscal Quarter of the end of each calendar quarter by LenderBorrowers and their Subsidiaries ending after the Closing Date.

Appears in 1 contract

Sources: Loan Agreement (Igate Corp)

Minimum Tangible Net Worth. On The Borrower will on a consolidated basis with maintain its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth at and as of each fiscal quarter end at an amount not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as of the end of each calendar quarter by Lender15,000,000.

Appears in 1 contract

Sources: Credit Agreement (Nortech Systems Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall Borrowers will maintain at all times a minimum consolidated Tangible Net Worth of not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00)5,500,000, which shall be measured as of at the end of each calendar quarter by Lenderquarter.

Appears in 1 contract

Sources: Loan Agreement (LGL Group Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times maintain a minimum Tangible Net Worth of in an amount not less than One Hundred Twenty-Five Million Dollars (i) $125,000,000.00), which shall be measured 150,000,000 as of the end December 31, 2009 and (ii) $150,000,000, plus fifty percent (50%) of Borrower's quarterly Consolidated Net Income for each calendar quarter by Lenderthereafter.

Appears in 1 contract

Sources: Inventory Loan and Security Agreement (Silverleaf Resorts Inc)

Minimum Tangible Net Worth. On a consolidated basis with its Subsidiaries, Borrower shall maintain at all times a minimum Permit the Tangible Net Worth of not Borrower and its Subsidiaries on a consolidated basis at any time to be less than One Hundred Twenty-Five Million Dollars the sum of (i) $125,000,000.00)7,688,000.00, which shall be measured as plus (ii) an amount equal to fifty percent (50%) of the end cumulative Adjusted Net Income of the Borrower and its Subsidiaries on a consolidated basis (from each calendar quarter by Lenderfiscal year beginning the year ending February 28, 1998).

Appears in 1 contract

Sources: Loan and Security Agreement (Acr Group Inc)

Minimum Tangible Net Worth. On The Borrower will on a consolidated basis with maintain its Subsidiaries, Borrower shall maintain at all times a minimum Tangible Net Worth at and as of each fiscal quarter end at an amount not less than One Hundred Twenty-Five Million Dollars ($125,000,000.00), which shall be measured as of the end of each calendar quarter by Lender14,000,000.

Appears in 1 contract

Sources: Credit Agreement (Nortech Systems Inc)