Common use of Company Financial Conditions Clause in Contracts

Company Financial Conditions. (a) The Company's consolidated tangible net worth, (i) as of the end of its most recent fiscal year was not less than $430,000, and (ii) as of the Closing, after giving effect to the Guaranteed Payment but prior to giving effect to the Stock Distribution, will not be less than the Net Worth Target.

Appears in 1 contract

Samples: Interest Purchase Agreement (Navigant International Inc)

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Company Financial Conditions. (a) The Company's consolidated tangible net worth, worth (i) as of the end of its most recent fiscal year was not less than $430,0001,119,432 (without giving effect to the Asset Revaluation), and (ii) as of the Closing, after giving effect to the Guaranteed Payment but prior to giving effect to the Stock Distribution, Closing will not be less than the Net Worth Target.

Appears in 1 contract

Samples: Stock Purchase Agreement (Workflow Management Inc)

Company Financial Conditions. (a) The Company's consolidated tangible net worth, determined after giving effect to the Company's Historical Inventory Valuation (as defined in Section 3.10), (i) as of the end of its most recent fiscal year ended December 31, 1998 was not less than $430,0001,730,000, and (ii) as of the Closing, after giving effect to the Guaranteed Payment but prior to giving effect to the Stock Distribution, Closing will not be less than the Net Worth Target.

Appears in 1 contract

Samples: Stock Purchase Agreement (Workflow Management Inc)

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Company Financial Conditions. (a) The Company's consolidated tangible net worth, worth (i) as of the end of its most recent fiscal year was not less than $430,000256,538, and (ii) as of the Closing, after giving effect to the Guaranteed Payment but prior to giving effect to the Stock Distribution, Closing will not be less than the Net Worth Target.

Appears in 1 contract

Samples: Stock Purchase Agreement (Workflow Management Inc)

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