Combined Net Worth Sample Clauses

Combined Net Worth. The Company will not permit Combined Net Worth at any time to be less than $35,500,000,000.

Combined Net Worth. At any date, the common shareholders' equity and preferred equity of the Combined Group determined in accordance with generally accepted accounting principles on a combined and consolidated basis.

Combined Net Worth. Combined Liquid Net Worth:

Combined Net Worth. EDC and NFC shall at all times maintain a Combined Net Worth of not less than $35,000,000, as increased from time to time after the date hereof by (i) the proceeds of any Stock of EDC or NFC or any of their respective Subsidiaries issued and sold to third Persons, (ii) the amount of Subordinated Debt of EDC or NFC or any of their respective Subsidiaries owed by third parties converted into or exchanged for Stock of EDC or NFC or any of their respective Subsidiaries, and (iii) 50% of the annual positive Combined Net Income of EDC and NFC.

Combined Net Worth. As of the Commencement Date and at all times throughout the Term, the Combined Tenants and the Guarantors (collectively the "Net Worth Parties") shall maintain a Combined Net Worth of Nine Million and No/100 Dollars ($9,000,000.00) (the "Minimum Net Worth Amount"). On the Commencement Date and at such other times during the Term as set forth herein, the Net Worth Parties shall deliver to Lessor unaudited balance sheets of each of the Net Worth Parties confirming that the Minimum Net Worth Amount is being maintained. The unaudited balance sheets delivered on the Commencement Date must be dated on or after March 31, 2005. In the event the Combined Net Worth of the Net Worth Parties at any given time is greater than the Minimum Net Worth Amount, then the Net Worth Parties shall deliver unaudited balance sheets of the Net Worth Parties on a quarterly basis within thirty (30) days of the end of each calendar quarter. In the event the Combined Net Worth of the Net Worth Parties at any given time is less than the Minimum Net Worth Amount, then the Net Worth Parties shall deliver unaudited balance sheets of the Net Worth Parties on a monthly basis within thirty (30) days of the end of each month if and until such time that the Combined Net Worth of the Net Worth Parties for any given unaudited balance sheets delivered to Lessor is more than the Minimum Net Worth Amount, at which time the Net Worth Parties shall deliver unaudited balance sheets of the Net Worth Parties on a quarterly basis within thirty (30) days of the end of each calendar quarter. The unaudited balance sheets required to be delivered hereunder on a quarterly basis shall be certified as true and correct, with the possible exception of immaterial ledger entries, by the chief financial officer (or other officer acceptable to Lessor) of each of the Net Worth Parties.

Combined Net Worth. At any date, the common shareholders' equity and preferred equity of the Combined Group determined in accordance with GAAP on a combined and consolidated basis, less, however, the value of any intangibles otherwise included in calculating such net worth under GAAP.