Common use of Book Net Worth Clause in Contracts

Book Net Worth. The Company will maintain on the last day of each quarter occurring in each of the periods set forth below, a Book Net Worth (as that term is defined in the Company's credit agreement with NBCI dated May 3, 1994) greater than or equal to the amount set forth opposite such period: PERIOD BOOK NET WORTH ------ -------------- Through June 29, 1995 ($2,650,000) June 30, 1995 through September 29, 1995 ($1,000,000) September 30, 1995 through December 30, 1995 ($ 800,000) December 31, 1995 through March 30, 1996 ($ 900,000) March 31, 1996 through June 29, 1996 ($ 400,000) June 30, 1996 through September 29, 1996 $1,000,000 September 30, 1996 and thereafter $1,600,000

Book Net Worth. The Company will shall maintain on the last day of each quarter occurring in each of the periods set forth below, a the Book Net Worth (as that term is defined in the Company's credit agreement with NBCI dated May 3, 1994) which is greater than or equal to the amount set forth opposite such period: PERIOD BOOK NET WORTH ------ -------------- Through Date hereof to and including June 29, 1994 ($4,232,000) June 30, 1994 to and including September 29, 1994 ($3,300,000) September 30, 1994 to and including December 30, 1994 ($2,850,000) December 31, 1994 to and including March 30, 1995 ($3,100,000) March 31, 1995 to and including June 29, 1995 ($2,650,000) June 30, 1995 through to and including September 29, 1995 ($1,000,000) September 30, 1995 through to and including December 30, 1995 ($ 800,000) December 31, 1995 through to and including March 30, 1996 ($ 900,000) March 31, 1996 through to and including June 29, 1996 ($ 400,000) June 30, 1996 through to and including September 29, 1996 $1,000,000 September 30, 1996 and thereafter $1,600,000

Book Net Worth. The Company will maintain on the last day of each quarter occurring in each of the periods set forth below, a Book Net Worth (as that term is defined in the Company's credit agreement with NBCI dated May 3, 1994) greater than or equal to the amount set forth opposite such period: PERIOD BOOK NET WORTH ------ -------------- Through June 29, 1995 ($2,650,000) June 30, 1995 through September 29, 1995 ($1,000,000) September 30, 1995 through December 30, 1995 ($ 800,000) December 31, 1995 through March 30, 1996 ($ 900,000) March 31, 1996 through June 29, 1996 ($ 400,000) June 30, 1996 through September 29, 1996 $1,000,000 -10- 11 PERIOD BOOK NET WORTH ------ -------------- September 30, 1996 and thereafter $1,600,000