Common use of Closing Date Net Worth Clause in Contracts

Closing Date Net Worth. At the Closing the Company will (i) have a net worth calculated according to GAAP of at least One Hundred Forty Thousand Dollars ($140,000.00) based on the assets created by the Revenues as accounted for on the financial 44 50 statements of FFR, and (ii) sufficient working capital to operate the Company; and at the Closing the Company shall have delivered to Buyer a certificate dated the Closing Date to such effect with supporting financial information, signed by the President or any Vice President and the Secretary or any Assistant Secretary of the Company.

Closing Date Net Worth. At the Closing the Company will (i) have a net worth calculated according to GAAP of at least One Four Hundred Forty Thousand Dollars ($140,000.00) based on the assets created by the Revenues as accounted for on the financial 44 50 statements of FFR, and (ii) sufficient working capital to operate the Company; and at the Closing the Company shall have delivered to Buyer a certificate dated the Closing Date to such effect with supporting financial information, signed by the President or any Vice President and the Secretary or any Assistant Secretary of the Company.Eighty-Three Thousand

Closing Date Net Worth. At the Closing the Company will (i) have a net worth calculated according to GAAP of at least One Hundred Forty Thousand _____________________ Dollars ($140,000.00) based on the assets created by the Revenues as accounted for on the financial 44 50 statements of FFR_______), and (ii) sufficient working capital to operate the Company; and at the Closing the Company shall have delivered to Buyer a certificate dated the Closing Date to such effect with supporting financial information, signed by the President or any Vice President and the Secretary or any Assistant Secretary of the Company.

Closing Date Net Worth. At the Closing the Company will (i) have a net worth calculated according to GAAP of at least One Seven Hundred Forty Thirty Eight Thousand Dollars ($140,000.00) based on the assets created by the Revenues as accounted for on the financial 44 50 statements of FFR738,000), and (ii) sufficient working capital to operate the Company; and at the Closing the Company shall have delivered to Buyer a certificate dated the Closing Date to such effect with supporting financial information, signed by the President or any Vice President and the Secretary or any Assistant Secretary of the Company.