Common use of Minimum Adjusted Tangible Net Worth Clause in Contracts

Minimum Adjusted Tangible Net Worth. (A) The Borrower and its Subsidiaries shall maintain, as of the last day of each calendar month ending after the Closing Date, Adjusted Tangible Net Worth not less than [***]. (B) The Guarantor shall maintain, as of the last day of each calendar month ending after the Closing Date, Adjusted Tangible Net Worth not less than [***].

Appears in 5 contracts

Samples: Credit Agreement (Home Point Capital Inc.), Credit Agreement (Home Point Capital Inc.), Credit Agreement (Home Point Capital Inc.)

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Minimum Adjusted Tangible Net Worth. (A) The Borrower and its Subsidiaries shall maintain, as of the last day of each calendar month ending after the Closing Date, Adjusted Tangible Net Worth not less than $[***]. (B) The Guarantor shall maintain, as of the last day of each calendar month ending after the Closing Date, Adjusted Tangible Net Worth not less than $[***].

Appears in 1 contract

Samples: Credit Agreement (Home Point Capital Inc.)

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