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

Maintenance of Combined Tangible Net Worth. The Company shall at all times maintain a Combined Tangible Net Worth of (i) not less than $31,051,000, plus 50% of the Company's Aggregate Combined Net Income at the end of each fiscal year subsequent to the fiscal year ending December 31, 1991 and (ii) not less than 25% of Combined Long Term Indebtedness but in no event less than $31,051,000.

Maintenance of Combined Tangible Net Worth. The Company shall at all times maintain a Combined Tangible Net Worth of (i) not less than $31,051,000, 44,280,093 plus 50% of the Company's Aggregate Combined Net Income at the end of each fiscal year subsequent to the fiscal year ending December 31, 1991 1994 and (ii) not less than 25% of Combined Long Term Indebtedness but in no event less than $31,051,00044,280,093.

Maintenance of Combined Tangible Net Worth. The Company shall at all times maintain a Combined Tangible Net Worth of (i) not less than $31,051,00045,000,000, plus 50% of the Company's Aggregate Combined Net Income at the end of each fiscal year Fiscal Year subsequent to the fiscal year Fiscal Year ending December 31, 1991 1995 and (ii) not less than 25% of Combined Long Term Indebtedness but in no event less than $31,051,000Indebtedness.