Common use of Borrower’s Net Worth Clause in Contracts

Borrower’s Net Worth. The Borrower shall not permit the Borrower’s Net Worth to be less than the Required Capital Amount; provided, that the foregoing shall not require Davey Tree to make any additional capital contributions to the Borrower. (y)

Appears in 3 contracts

Samples: Receivables Financing Agreement (Davey Tree Expert Co), Receivables Financing Agreement (Davey Tree Expert Co), Financing Agreement (Davey Tree Expert Co)

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Borrower’s Net Worth. The Borrower shall not permit the Borrower’s Net Worth to be less than the Required Capital Amount; provided, that the foregoing shall not require Davey Tree to make any additional capital contributions to the Borrower. (y).

Appears in 1 contract

Samples: Receivables Financing Agreement (Davey Tree Expert Co)

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