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)
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
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)
