Common use of Minimum Adjusted Tangible Net Worth Clause in Contracts

Minimum Adjusted Tangible Net Worth. Permit Adjusted Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) to be less than THIRTY MILLION AND NO/100 DOLLARS ($30,000,000.00), computed as of the end of each calendar month.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Hanover Capital Mortgage Holdings Inc), Warehousing Credit and Security Agreement (Hanover Capital Mortgage Holdings Inc)

AutoNDA by SimpleDocs

Minimum Adjusted Tangible Net Worth. Permit Adjusted Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) to be less than THIRTY MILLION AND NO/100 DOLLARS Twenty-Five Million Dollars ($30,000,000.0025,000,000.00), computed as of the end of each calendar monthquarter.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (BNC Mortgage Inc)

Minimum Adjusted Tangible Net Worth. Permit Adjusted Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) to be less than THIRTY MILLION AND NO/100 DOLLARS Twelve Million Dollars ($30,000,000.0012,000,000.00), computed as of the end of each calendar month.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (E Loan Inc)

Minimum Adjusted Tangible Net Worth. Permit Adjusted Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) to be less than THIRTY MILLION AND NO/100 DOLLARS Two Million Five Hundred Thousand and No/100 Dollars ($30,000,000.002,500,000.00), computed as of the end of each calendar month.

Appears in 1 contract

Samples: Credit and Security Agreement (First NLC Financial Services Inc)

AutoNDA by SimpleDocs

Minimum Adjusted Tangible Net Worth. Permit Adjusted Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) to be less than THIRTY MILLION AND NO/100 DOLLARS Twelve Million Dollars ($30,000,000.0012,000,000), computed as of the end of each calendar month.

Appears in 1 contract

Samples: Credit and Security Agreement (First NLC Financial Services Inc)

Minimum Adjusted Tangible Net Worth. Permit Commencing with the calendar month ending March 31, 2003, permit Adjusted Tangible Net Worth of the Company (and its Subsidiaries, on a consolidated basis) to be less than THIRTY MILLION AND NO/100 DOLLARS ($30,000,000.00), computed 11,000,000 as of the end of each calendar month.

Appears in 1 contract

Samples: Credit and Security Agreement (First NLC Financial Services Inc)

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