Common use of Adjusted Tangible Net Worth Clause in Contracts

Adjusted Tangible Net Worth. On the date hereof, Pledgor’s Adjusted Tangible Net Worth is not less than $250,000,000.

Appears in 4 contracts

Samples: And Pledge Agreement, Subordination, Acknowledgment and Pledge Agreement (PennyMac Mortgage Investment Trust), Subordination, Acknowledgment and Pledge Agreement (Pennymac Financial Services, Inc.)

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Adjusted Tangible Net Worth. On the date hereofAmendment Date, Pledgor’s Adjusted Tangible Net Worth is not less than $250,000,000.

Appears in 2 contracts

Samples: Security and Subordination Agreement (PennyMac Mortgage Investment Trust), Security and Subordination Agreement (PennyMac Mortgage Investment Trust)

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Adjusted Tangible Net Worth. On the date hereofClosing Date, Pledgor’s Adjusted Tangible Net Worth is not less than $250,000,000.

Appears in 1 contract

Samples: Security and Subordination Agreement (PennyMac Mortgage Investment Trust)

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