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Common use of Maintenance of Net Worth Clause in Contracts

Maintenance of Net Worth. The Parent shall at all times maintain an Adjusted Net Worth of not less than the Minimum Tangible Net Worth.

Appears in 18 contracts

Samples: Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties)

Maintenance of Net Worth. The Parent shall at all times maintain an Adjusted Net Worth of not less than the Minimum Tangible Net Worth.

Appears in 4 contracts

Samples: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc), Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc), Senior Secured Credit Agreement (Meristar Hospitality Corp)

Maintenance of Net Worth. The Parent shall at all times ------------------------ maintain an Adjusted Net Worth of not less than the Minimum Tangible Net Worth.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Meristar Hospitality Corp), Senior Unsecured Credit Agreement (Lasalle Hotel Properties)

Maintenance of Net Worth. The Parent shall at all times maintain an Adjusted a Net Worth of not less than the Minimum Tangible Net Worth.

Appears in 2 contracts

Samples: Senior Unsecured Term Loan Agreement (Seritage Growth Properties), Senior Unsecured Term Loan Agreement (Seritage Growth Properties)

Maintenance of Net Worth. The Parent shall at all times maintain an ------------------------ Adjusted Net Worth of not less than the Minimum Tangible Net Worth.

Appears in 2 contracts

Samples: Subordinate Unsecured Credit Agreement (American General Hospitality Corp), Senior Unsecured Credit Agreement (American General Hospitality Corp)

Maintenance of Net Worth. The Parent shall at all times ------------------------ maintain an Adjusted Net Worth of not less than the Minimum Tangible Net Worth.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Meristar Hotels & Resorts Inc)