Common use of Minimum Book Net Worth Clause in Contracts

Minimum Book Net Worth. The Borrower will maintain, during each period described below, its Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth opposite such period: Period Ended Minimum Book Net Worth ------------ ---------------------- October 31, 2001 $4,607,000 November 30, 2001 $4,264,000 December 31, 2001 $3,769,000 January 31, 2002 $3,577,000 February 28, 2002 $3,429,000 March 31, 2002 $3,226,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,000

Minimum Book Net Worth. The Borrower will maintain, during each monthly period described below, its Book Net Worth, determined as at the end of each such month, at an amount not less than the amount set forth opposite such period: Period Ended Month Minimum Book Net Worth ------------ ---------------------- October 31December, 2001 $4,607,000 November 302004 $ 14,036,000 January, 2001 $4,264,000 December 312005 $ 13,961,000 February, 2001 $3,769,000 January 312005 $ 13,827,000 March, 2002 $3,577,000 February 282005 $ 13,654,000 April, 2002 $3,429,000 March 312005 $ 13,768,000 May, 2002 $3,226,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,0002005 $ 13,809,000

Minimum Book Net Worth. The Borrower Borrowers will maintain, during each period month described below, its their Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth opposite such period: Period Ended Minimum Book Net Worth ------------ ---------------------- July 2003 $ 300,000 August 2003 $ 400,000 September 2003 $ 1,200,000 October 31, 2001 $4,607,000 2003 $ 1,050,000 November 30, 2001 $4,264,000 2003 $ 1,050,000 December 31, 2001 $3,769,000 2003 $ 1,350,000 January 31, 2002 $3,577,000 2004 $ 1,200,000 February 28, 2002 $3,429,000 2004 $ 1,200,000 March 31, 2002 $3,226,000 2004 $ 1,765,000 April 30, 2002 $3,098,000 2004 $ 1,615,000 May 31, 2002 $2,874,000 2004 $ 1,615,000 June 30, 2002 $2,933,0002004 and every month thereafter $ 2,255,000

Minimum Book Net Worth. The Borrower will maintain, during each period described belowbelow and for each month thereafter, its consolidated Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth opposite such period: period (numbers appearing between “< >” are negative): Period Ended Minimum Book Net Worth ------------ ---------------------- October 31The month ending April 2, 2001 2006 $4,607,000 November 30, 2001 $4,264,000 December 31, 2001 $3,769,000 January 31, 2002 $3,577,000 February 28, 2002 $3,429,000 March 31, 2002 $3,226,000 24,480,000 The month ending April 30, 2002 2006 $3,098,000 24,530,000 The month ending May 3128, 2002 2006 $2,874,000 June 24,525,000 The month ending July 2, 2006 $24,740,000 The month ending July 30, 2002 2006 $2,933,00024,750,000

Minimum Book Net Worth. The Borrower will maintain, during each period described set forth below, its Book Net Worth, determined as at of the end last day of each month, at an amount not less than the amount set forth opposite such periodperiod below: Period Ended Minimum Book Net Worth ------------ ---------- ---------------------- March 2004 $5,575,000 April 2004 $5,550,000 May 2004 $5,725,000 June 2004 $5,850,000 July 2004 $5,925,000 August 2004 $6,000,000 September 2004 $6,175,000 October 31, 2001 2004 $4,607,000 6,050,000 November 30, 2001 2004 $4,264,000 6,015,000 December 31, 2001 2004 and each calendar $3,769,000 January 31, 2002 $3,577,000 February 28, 2002 $3,429,000 March 31, 2002 $3,226,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,0006,050,000" month thereafter

Minimum Book Net Worth. The Borrower will maintain, during each period month described below, its Book Net Worth, determined as at of the end last day of each month, at in an amount not less than the amount set forth opposite for each such period: Period Ended month Month Minimum Book Net Worth ------------ ---------------------- April 2006 $ 19,940,000 May 2006 $ 18,850,000 June 2006 $ 18,400,000 July 2006 $ 17,875,000 August 2006 $ 16,940,000 September 2006 $ 17,460,000 October 31, 2001 $4,607,000 2006 $ 16,750,000 November 30, 2001 $4,264,000 2006 $ 15,980,000 December 31, 2001 $3,769,000 January 31, 2002 $3,577,000 February 28, 2002 $3,429,000 March 31, 2002 $3,226,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,0002006 and each month thereafter $ 16,060,000

Minimum Book Net Worth. (Borrowers). The Borrower Borrowers, on a consolidated basis, will maintain, during each period described below, its Book Net Worth, determined as at of the end of each month, at in an amount not less than the amount set forth opposite for each such period: period (numbers appearing between “< >” are negative): Period Ended Ending Minimum Book Net Worth ------------ ---------------------- October Funding Date through March 31, 2001 $4,607,000 November 2007 $ 435,000 April 1, 2007 through June 30, 2001 $4,264,000 2007 $ 600,000 July 1, 2007 through September 30, 2007 $ 1,000,000 October 1, 2007 through December 31, 2001 $3,769,000 January 31, 2002 $3,577,000 February 28, 2002 $3,429,000 March 31, 2002 $3,226,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,0002007 $ 1,635,000

Minimum Book Net Worth. The Borrower will maintain, during each period described below, its Book Net Worth, determined as at of the end of each month, at in an amount not less than the amount set forth opposite for each such period: Period Ended Minimum Book Net Worth ------------ ---------------------- October 31August 1, 2001 $4,607,000 November 2005 through September 30, 2001 $4,264,000 2005 $ 7,800,000 October 1, 2005 Through December 31, 2001 $3,769,000 2005 $ 7,500,000 January 311, 2002 $3,577,000 February 28, 2002 $3,429,000 2006 Through March 31, 2002 $3,226,000 2006 $ 7,500,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 1 Through June 30, 2002 $2,933,0002006 $ 7,500,000 July 1, 2006 Through September 30, 2006 $ 7,500,000 October 1, 2006 Through December 31, 2006 $ 7,600,000 January 1, 2007 and each month thereafter $ 7,600,000

Minimum Book Net Worth. The Borrower will maintain, during each period described below, its Book Net Worth, Worth determined as at the end of each month, at an amount not less than the amount set forth opposite such period: Period Ended Minimum Book Net Worth ------------ PERIOD MINIMUM BOOK NET WORTH ------ ---------------------- October 31May, 2001 1997 through September, 1997 $4,607,000 November 30850,000 October, 2001 1997 $4,264,000 December 31950,000 November, 2001 1997 through December, 1997 $3,769,000 January 31, 2002 $3,577,000 February 28, 2002 $3,429,000 March 31, 2002 $3,226,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,0001,100,000

Minimum Book Net Worth. The Borrower will maintain, during each period described below, its Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth opposite such period: Period Ended Minimum Book Net Worth ------------ ---------------------- October 31, 2001 $4,607,000 November 30, 2001 $4,264,000 December 31, 2001 $3,769,000 PERIOD MINIMUM BOOK NET WORTH The month ending January 31, 2002 $3,577,000 $ 11,400,000 The month ending February 28, 2002 $3,429,000 $ 11,400,000 The month ending March 31, 2002 $3,226,000 $ 11,025,000 The month ending April 30, 2002 $3,098,000 $ 10,900,000 The month ending May 31, 2002 $2,874,000 $ 10,650,000 The month ending June 30, 2002 $2,933,000and thereafter $ 11,025,000"

Minimum Book Net Worth. The Borrower will maintain, during maintain as of the end of each period described month-end provided below, its Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth opposite such period: Period Ended Minimum Book Net Worth ------------ ---------------------- October 31, 2001 6/30/96 $4,607,000 November 30, 2001 9,180,000 7/31/96 $4,264,000 December 31, 2001 8,970,000 8/31/96 $3,769,000 January 31, 2002 9,145,000 9/30/96 $3,577,000 February 28, 2002 9,370,000 10/31/96 $3,429,000 March 31, 2002 9,820,000 11/30/96 $3,226,000 April 30, 2002 10,220,000 12/31/96 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,00010,420,000

Minimum Book Net Worth. The Borrower will maintain, during each period described below, its Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth opposite such period: Period Ended Month Ending Minimum Book Net Worth ------------ ---------------------- August 31, 2002 $ (3,350,000 ) September 30, 2002 $ (3,525,000 ) October 31, 2001 $4,607,000 2002 $ (3,625,000 ) November 30, 2001 $4,264,000 2002 $ (3,800,000 ) December 31, 2001 $3,769,000 January 312002, 2002 $3,577,000 February 28, 2002 $3,429,000 March 31, 2002 $3,226,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,000and each month thereafter $ (3,000,000 )

Minimum Book Net Worth. The Borrower will maintain, at all times maintain during each period described below, its Book Net WorthWorth (on an unconsolidated, Borrower-only basis), determined as at of the end of each month, of at an amount not less than least the amount set forth opposite such period: Period Ended Minimum Book Net Worth ------------ ---------------------- October 31PERIOD MINIMUM BOOK NET WORTH June, 2001 July and August, 1997 $4,607,000 November 302,400,000 September, 2001 1997 through $4,264,000 December 312,500,000 February, 2001 1998 March, 1998 and thereafter $3,769,000 January 31, 2002 $3,577,000 February 28, 2002 $3,429,000 March 31, 2002 $3,226,000 April 30, 2002 $3,098,000 May 31, 2002 $2,874,000 June 30, 2002 $2,933,0002,600,000