Minimum Borrowing Amount The aggregate principal amount of each Borrowing by the Borrower shall not be less than the Minimum Borrowing Amount.
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 Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.
Minimum Liquidity The Borrower shall not permit Liquidity at any time to be less than $50,000,000.
Minimum Current Ratio Permit the Current Ratio at the end of any fiscal quarter to be less than 1.00 to 1.00.
