Common use of Maintenance of Tangible Net Worth Clause in Contracts

Maintenance of Tangible Net Worth. The Limited Guarantor has maintained a Tangible Net Worth of not less than $180,000,000 plus 85% of the net proceeds of any issuance of common or preferred shareholder equity after the completion of the IPO.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp)

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Maintenance of Tangible Net Worth. The On and after the date of the IPO, the Limited Guarantor has maintained shall maintain a Tangible Net Worth of not less than $180,000,000 300,000,000 plus 85% of the net proceeds of any issuance of common or preferred shareholder equity after the completion of the IPOequity.

Appears in 1 contract

Samples: Limited Guaranty (Homebanc Corp)

Maintenance of Tangible Net Worth. The Limited Guarantor has maintained a Tangible Net Worth of not less than $180,000,000 300,000,000 plus 85% of the net proceeds of any issuance of common or preferred shareholder equity after the completion of the IPO.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

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Maintenance of Tangible Net Worth. The On and after the date of the IPO, the Limited Guarantor has maintained shall maintain a Tangible Net Worth of not less than $180,000,000 plus 85% of the net proceeds of any issuance of common or preferred shareholder equity after the completion of the IPOequity.”

Appears in 1 contract

Samples: Limited Guaranty (Homebanc Corp)

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