Adjusted Net Worth. The Guarantor will not permit Adjusted Net Worth as at the last day of any fiscal quarter of the Guarantor to be less than $1,000,000,000.
Adjusted Net Worth. Borrower shall, at all times, maintain Adjusted Net Worth of not less than $2,500,000.00.
Adjusted Net Worth. The Company shall, as of the date hereof and as of the last day of each fiscal quarter of the Company, maintain Adjusted Net Worth of the Company and its Subsidiaries determined on a consolidated basis in an amount not less than $150,000,000.
Adjusted Net Worth. Borrowers shall, at all times, maintain Adjusted Net Worth of not less than $34,000,000.
Adjusted Net Worth. Maintain a minimum Adjusted Net Worth of at least TWO MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($2,500,000.00).
Adjusted Net Worth. The Company shall have an Adjusted Closing Net Worth equal to or greater than the Adjusted Base Net Worth.
Adjusted Net Worth of the Loan Agreement is hereby deleted in its entirety and replaced with the following:
Adjusted Net Worth. The Borrower will not at any date permit Adjusted Net Worth to be less than the sum of (a) $95,000,000 plus (b) 50% of the aggregate amount of Net Available Proceeds of Equity Issuances since May 26, 2001 plus (c) 50% of the sum of consolidated net earnings of the Borrower and its Subsidiaries (determined on a consolidated basis without duplication in accordance with GAAP) for each fiscal quarter of the Borrower ending after May 26, 2001; provided that consolidated net earnings for any fiscal quarter in which there is a consolidated net loss shall be deemed to be zero."
Adjusted Net Worth. The Borrower shall at all times maintain a minimum Adjusted Net Worth of $94,000,0000.
Adjusted Net Worth. Borrower shall, at all times, maintain Adjusted Worth of not less than Seventy Million Dollars ($70,000,000); provided, however, Lender will only test for Borrower's compliance with this financial covenant on a monthly basis and then only in the event that Borrower's Excess Availability is less than Five Million Dollars ($5,000,000).
