Common use of Financial Representations and Warranties Clause in Contracts

Financial Representations and Warranties. (A) Seller’s Adjusted Tangible Net Worth is greater than or equal to $170,000,000; (B) Seller’s unrestricted cash is greater than or equal to $20,000,000; (C) the ratio of Seller’s Total Indebtedness, to Adjusted Tangible Net Worth is less than 10:1; and (D) Seller’s consolidated Net Income was equal to or greater than $1.00 for at least one (1) of the previous two (2) calendar quarters.

Financial Representations and Warranties. (A) Seller’s Adjusted Tangible Net Worth is greater than or equal to $170,000,00090,000,000; (B) Seller’s unrestricted cash is and Cash Equivalents are greater than or equal to $20,000,000; (C) [reserved]; (D) the ratio of Seller’s Total Indebtedness, Indebtedness to Adjusted Tangible Net Worth is less than 10:1; and (DE) Seller’s consolidated Net Income was equal to or greater than $1.00 for at least one (1) of the previous two (2) calendar quartersquarter.”

Financial Representations and Warranties. (A) Seller’s Adjusted Tangible Net Worth is greater than or equal to $170,000,00025,000,000; (B) Seller’s unrestricted cash is greater than or equal to $20,000,0006,375,000; (C) Seller’s residential mortgage servicing portfolio is in excess of $5,000,000,000 in un-amortized principal balance of loans; (D) the ratio of Seller’s Total Indebtedness, to Adjusted Tangible Net Worth is less than 10:1; and (DE) Seller’s consolidated Net Income was equal to or greater than $1.00 for at least one (1) of the previous two (2) calendar quartersquarter.

Financial Representations and Warranties. (A) Seller’s Adjusted Tangible Net Worth is greater than or equal to $170,000,000; (B) Seller’s unrestricted cash is greater than or equal to $20,000,000; (C) the ratio of Seller’s Total Indebtedness, to Adjusted Tangible Net Worth is less than 10:1; and (D) Seller’s consolidated Net Income was equal to or greater than $1.00 for at least one (1) of the previous two (2) calendar quartersquarter."