Common use of Certain Financial Condition Covenants Clause in Contracts

Certain Financial Condition Covenants. Without limiting any provision set forth in the Agreement, Seller shall comply with the following covenants, each to be tested on each Test Date occurring prior to the Termination Date: (a) Maintenance of Adjusted Tangible Net Worth. Seller shall maintain an Adjusted Tangible Net Worth of not less than [***].

Appears in 7 contracts

Samples: Master Repurchase Agreement (Guild Holdings Co), Master Repurchase Agreement (Guild Holdings Co), Master Repurchase Agreement (Guild Holdings Co)

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Certain Financial Condition Covenants. Without limiting any provision set forth in the Agreement, Seller shall comply with the following covenants, each to be tested on each Test Date occurring prior to the Termination Date: (a) Maintenance of Adjusted Tangible Net Worth. Seller shall maintain ensure HoldCo maintains an Adjusted Tangible Net Worth of not less than [***].

Appears in 1 contract

Samples: Master Repurchase Agreement (Guild Holdings Co)

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Certain Financial Condition Covenants. Without limiting any provision set forth in the Agreement, Seller shall comply with the following covenants, each to be tested on each Test Date occurring prior to the Termination Date: (a) Maintenance of Adjusted Tangible Net Worth. Seller shall maintain an Adjusted Tangible Net Worth of not less than [***]$50,000,000.

Appears in 1 contract

Samples: Master Repurchase Agreement

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