Common use of Maintenance of Tangible Net Worth Clause in Contracts

Maintenance of Tangible Net Worth. The Borrower shall maintain during each Fiscal Quarter a Tangible Net Worth of not less than the Minimum Tangible Net Worth.

Appears in 8 contracts

Samples: Credit Agreement (Felcor Lodging Trust Inc), Revolving Credit Agreement (Sunstone Hotel Investors Inc), Revolving Credit Agreement (Felcor/Lax Holdings Lp)

AutoNDA by SimpleDocs

Maintenance of Tangible Net Worth. The Borrower shall maintain during each Fiscal Quarter a Tangible Net Worth of not less than the Minimum Tangible Net Worth$200,000,000.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Hospitality Properties Trust), Second Supplemental Credit Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)

Maintenance of Tangible Net Worth. The Borrower shall maintain --------------------------------- during each Fiscal Quarter a Tangible Net Worth of not less than the Minimum Tangible Net Worth$200,000,000.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hospitality Properties Trust), Revolving Credit Agreement (Hospitality Properties Trust)

AutoNDA by SimpleDocs

Maintenance of Tangible Net Worth. The US Borrower shall maintain during each Fiscal Quarter a Tangible Net Worth of not less than the Minimum Tangible Net Worth.

Appears in 1 contract

Samples: Credit Agreement (Felcor Lodging Trust Inc)

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