Common use of Maintenance of Tangible Net Worth Clause in Contracts

Maintenance of Tangible Net Worth. The Seller shall maintain a Tangible Net Worth at the end of each fiscal quarter of not less than the sum of (i) $400,000,000 plus (ii) an amount equal to 75% of any Equity Proceeds.

Maintenance of Tangible Net Worth. The Seller shall maintain a Tangible Net Worth of not less than $24,000,000. The Seller shall maintain a Tangible Net Worth at the end of each fiscal any calendar quarter of not less than the sum of (i) $400,000,000 plus (ii) an amount equal to 7580% of any Equity Proceedsits Tangible Net Worth at the end of the second preceding calendar quarter.

Maintenance of Tangible Net Worth. The Seller shall maintain a Tangible Net Worth of not less than $40,000,000 and (B) Seller shall maintain a Tangible Net Worth at the end of each fiscal any calendar quarter of not less than the sum of (i) $400,000,000 plus (ii) an amount equal to 7580% of any Equity Proceedsits Tangible Net Worth at the beginning of the preceding calendar quarter. For example, Seller shall maintain a Tangible Net Worth on June 30 of not less than 80% of its Tangible Net Worth on January 1st.

Maintenance of Tangible Net Worth. The (A) Seller shall maintain a Tangible Net Worth of not less than $2,000,000 on and after June 30, 2005; and (B) Seller shall maintain a Tangible Net Worth at the end of each fiscal any calendar quarter of not less than the sum of (i) $400,000,000 plus (ii) an amount equal to 7580% of any Equity Proceedsits Tangible Net Worth at the end of the second preceding calendar quarter. For example, Seller shall maintain a Tangible Net Worth on September 30th of not less than 80% of its Tangible Net Worth on March 31st.”

Maintenance of Tangible Net Worth. The Seller shall maintain has maintained a Tangible Net Worth of not less than $24,000,000. The Seller has maintained a Tangible Net Worth at the end of each fiscal any calendar quarter of not less than the sum of (i) $400,000,000 plus (ii) an amount equal to 7580% of any Equity Proceedsits Tangible Net Worth at the beginning of the second preceding calendar quarter.

Maintenance of Tangible Net Worth. The Seller shall maintain a Tangible Net Worth of not less than $22,000,000. The Seller shall maintain a Tangible Net Worth at the end of each fiscal quarter any two consecutive calendar quarters of not less than the sum of (i) $400,000,000 plus (ii) an amount equal to 7580% of any Equity Proceedsits Tangible Net Worth at the beginning of the related calendar quarters.

Maintenance of Tangible Net Worth. The (A) Seller shall maintain a Tangible Net Worth of not less than $40,000,000 and (B) Seller shall maintain a Tangible Net Worth at the end of each fiscal any calendar quarter of not less than the sum of (i) $400,000,000 plus (ii) an amount equal to 7580% of any Equity Proceedsits Tangible Net Worth at the beginning of the preceding calendar quarter. For example, Seller shall maintain a Tangible Net Worth on June 30 of not less than 80% of its Tangible Net Worth on January 1st.