Common use of Maintenance of Adjusted Tangible Net Worth Clause in Contracts

Maintenance of Adjusted Tangible Net Worth. The Adjusted Tangible Net Worth of NFI at any time shall be greater than $517,000,000, provided however that such amount shall be reduced by the amount of the 2006 Dividend.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (Novastar Financial Inc)

AutoNDA by SimpleDocs

Maintenance of Adjusted Tangible Net Worth. The Adjusted Tangible Net Worth of NFI at any time shall be greater than $517,000,000400,000,000, provided however that such amount shall be reduced by the amount of the 2006 Dividend.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Novastar Financial Inc), Master Repurchase Agreement (Novastar Financial Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!