Common use of Company Financial Conditions Clause in Contracts

Company Financial Conditions. (a) The Company's net worth (i) as of the end of its most recent fiscal year was not less than $961,000, and (ii) as of the Closing will not be less than the Net Worth Target. For purposes of this Section 5.9(a), calculation of amounts as of the Closing shall be made in accordance with the last paragraph of Section 8.9. (b) The Company's earnings before interest and taxes (after the addition of "add-backs" set forth on Schedule 5.9(b)(i)) for its most recent fiscal year was not less than $522,000.

Company Financial Conditions. (a) The Company's net worth (i) as of the end of its most recent fiscal year was not less than negative $961,000, 524,000 and (ii) as of the Closing will not be less than the Net Worth Target. For purposes of this Section 5.9(a), calculation of amounts as of the Closing shall be made in accordance with the last paragraph of Section 8.9. (b) The Company's earnings before interest and taxes (after the addition of "add-backs" set forth on Schedule 5.9(b)(i5.9(b)) for (i) its most recent fiscal year was not less than $522,0001,980,000.

Company Financial Conditions. (a) The Company's net worth (i) as of the end of its most recent fiscal year was not less than $961,0002,294,000, and (ii) as of the Closing will not be less than the Net Worth Target. For purposes of this Section 5.9(a4.9(a), calculation of amounts as of the Closing shall be made in accordance with the last paragraph of Section 8.97.9. (b) The Company's earnings before interest and taxes (after the addition of "add-backs" set forth on Schedule 5.9(b)(i4.9(b)) for its most recent fiscal year was not less than $522,0001,674,000.

Company Financial Conditions. (a) The Company's net worth (i) as of the end of its most recent fiscal year was not less than $961,000, and 153,000 (iiincluding the addition of $240,000 relating to the contribution of certain personal property to the Company) as of the Closing will not be less than the Net Worth Targetin accordance with Schedule 5.9(a). For purposes of this Section 5.9(a), calculation of amounts as of the Closing shall be made in accordance with the last paragraph of Section 8.98.8. (b) The Company's earnings before interest and taxes (after the addition of "add-backs" set forth on Schedule 5.9(b)(i5.9(b)) for its most recent fiscal year was not less than $522,000755,000.