Minimum Asset Value Sample Clauses

Minimum Asset Value. The lesser of (a) the consolidated Book Value of all Unencumbered Assets or (b) the Fair Market Value of all Unencumbered Assets shall at all times equal or exceed $150,000.000.00.
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Minimum Asset Value. (a) At all times, DWI II shall own, legally and beneficially, Specified Assets that have an aggregate value (as determined under paragraph (b)) equal to the sum of (i) the amount of any payments made by DWA to DWI II in the current year and during the lesser of (A) the preceding six (6) Covered Taxable Years and (B) the taxable years of DWA with respect to which the applicable statute of limitations (giving effect to any waiver, mitigation or extension thereof) has not expired, (ii) $10 million, and (iii) the amount of any Liabilities incurred by DWI II, other than Liabilities under this Agreement or the Indemnity Agreement.
Sample 1
Minimum Asset Value. The Market Value of all Unencumbered Assets shall at all times equal or exceed $300,000,000.
Sample 1
Minimum Asset Value. Effective as of the Closing and --------------------- excluding expenses as permitted hereunder, Rich Earth shall have not less than $3,572,802 of cash and shall have no commitments, obligations or liabilities, whether fixed, accrued or contingent, other than legal fees and disbursements or as otherwise disclosed or set forth in this Agreement or the Rich Earth Disclosure Schedule. Rich Earth shall have loaned to DTA Communications Network, LLC or to its subsidiaries $2,127,198 in cash for payment by DTA Communications Network, LLC in accordance with the Transfer Agreement dated March 6, 2000 between I:Comm Networks, LLC and DTA Communications Network, LLC and an additional $300,000 to DTA Communications Network, LLC for working capital purposes of DTA Communications Network, LLC and its affiliates.
Sample 1
Minimum Asset Value. Each of the parties agrees to waive the condition provided for in Section 2.1 of the Purchase Agreement that the Specified Financing and Lease Assets, Equity Assets and Assets Held for Sale and Lease to be sold with a transfer of title (excluding equitable assignments pursuant to Section 5.2(d) of the Purchase Agreement) shall have an Estimated Adjusted Book Value of the Assets (the “Minimum Asset Value”) of at least $1,080,000,000. The parties agree that the Minimum Asset Value to be sold with a transfer of title at the Initial Closing shall be no less than $992,977,494.81.
Sample 1
Minimum Asset Value. Effective as of the Closing and ------------------- assuming that $10,000 has been previously paid for expenses as permitted hereunder, Atlantis shall have not less than $690,000 of cash and shall have no commitments, obligations or liabilities, whether fixed, accrued or contingent, other than as set forth in this Agreement.
Sample 1
Minimum Asset Value. Permit the aggregate Appraised Value of the Ski Resort Properties at any time to be less than the Required Value (such requirement, the "Minimum Asset Value Test"), determined pursuant to Appraisals conducted in accordance with the following procedures:
Sample 1
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Related to Minimum Asset Value

  • Gross Asset Value The term "Gross Asset Value" means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows:

  • Minimum Adjusted Tangible Net Worth Seller shall not permit the Adjusted Tangible Net Worth of Seller (and, if applicable, its Subsidiaries, on a consolidated basis), computed as of the end of each calendar month, to be less than $25,000,000.

  • Net Asset Value The net asset value of each outstanding Share of the Trust shall be determined at such time or times on such days as the Trustees may determine, in accordance with the 1940 Act. The method of determination of net asset value shall be determined by the Trustees and shall be as set forth in the Prospectus or as may otherwise be determined by the Trustees. The power and duty to make the net asset value calculations may be delegated by the Trustees and shall be as generally set forth in the Prospectus or as may otherwise be determined by the Trustees.

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Minimum Allocation If the Employer has adopted Sponsor's paired defined contribution plan number 01001, 01004 or 01005 in addition to this Plan, then the minimum allocation required by Section 13.3 will be provided ( ) under this Plan; ( ) under such other paired defined contribution plan. If the Employer has adopted Sponsor's paired defined benefit plan number 02001, then Participants in this Plan (or another paired defined contribution plan) who are covered under the paired defined benefit plan shall receive the top-heavy minimum benefit under the paired defined benefit plan and shall receive no minimum allocation. If a Participant in this Plan who is a Non-Key Employee is covered under another qualified plan maintained by the Employer, other than a paired plan of the Sponsor, the minimum Top Heavy allocation or benefit required under Section 416 of the Code shall be provided to such Non-Key Employee under:

  • Minimum Consolidated Net Worth Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than US$11,250,000,000 (“Minimum Amount”).

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

  • Minimum Investment Subject to certain individual state requirements and except for shares issued pursuant to the DRIP, Shares may be sold only to investors who initially purchase a minimum of $5,000, subject to certain state requirements as described in the Prospectus. With respect to Selected Broker-Dealer’s participation in any resales or transfers of the Shares, Selected Broker-Dealer agrees to comply with any applicable requirements set forth in Section 2 and to fulfill the obligations pursuant to FINRA Rule 2310.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Minimum Cash A. Minimum daily balance of cash and Permitted Cash Equivalent Investments of Borrower and its Subsidiaries during the most recently ended fiscal quarter of Borrower: $

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