Financial Condition of Tenant. As of the date of this Agreement, Tenant's Tangible Net Worth is an amount at least equal to the aggregate of one year's Minimum Rent payable pursuant to this Agreement and the Other Leases; it being expressly understood and agreed that the Retained Funds may for such purpose be counted as equity at the full amount thereof (without any discount as to its value for any reason, notwithstanding anything to the contrary provided for by GAAP) if such amounts are contributed to Tenant.
Appears in 5 contracts
Samples: Lease Agreement (Hospitality Properties Trust), Lease Agreement (Hospitality Properties Trust), Lease Agreement (Hospitality Properties Trust)
