Common use of Minimum Consolidated Tangible Net Worth Clause in Contracts

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (a) $183,279,000.00, plus (b) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.0055,000,000.00, plus (bii) seventy-five eighty percent (7580%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit the Consolidated Tangible Net Worth at any time prior to the Investment Grade Release Date to be less than the sum of (a) $183,279,000.00, 1,323,250,175 plus (b) seventy-five an amount equal to fifty percent (7550%) of net equity proceeds received by the sum of any additional Net Offering Proceeds Consolidated Group after the date of this AgreementSeptember 30, 2024.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.00600,000,000.00, plus (bii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.0058,000,000.00, plus (bii) seventyeighty-five percent (7585.0%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.001,000,000,000.00, plus (bii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The (a) Beginning on the Closing Date and continuing through and including June 29, 2015, the Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the amount of $35,000,000.00, and (b) beginning on June 30, 2015 and continuing thereafter, the Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.00, 100,000,000.00 plus (bii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.00230,978,126.00, plus (bii) seventy-five percent (7575.0%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.001,163,000,000.00, plus (bii) seventy-five eighty percent (7580%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.00600,000,000.00,1,000,000,000.00, plus (bii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.September 22, 2015.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.001,242,124,000.00, plus (bii) seventy-five eighty percent (7580%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.00104,579,000, plus (bii) seventy-five eighty percent (7580%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The From and after January 1, 2017, the Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.001, 411,565,000.00, plus (bii) seventy-five eighty percent (7580%) of the sum of any additional Net Offering Proceeds after the date of this AgreementOctober 1, 2016.”

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (a) $183,279,000.00275,000,000.00, plus (b) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.00750,000,000.00, plus (bii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth at any time to be less than an amount equal to the sum of (ax) $183,279,000.00, 23,000,000 plus (by) seventy-five percent (75%) of the sum of 50% of Consolidated Net Income, if positive, for each prior fiscal year of the Borrower, if any, ending after December 31, 2000 plus (z) the amount by which Consolidated Tangible Net Worth is increased by the proceeds of any additional Net Offering Proceeds capital stock issued, or capital contributions made, after the date of this AgreementInitial Borrowing Date.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.00$ , plus (bii) seventy-five percent (7575.0%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Beginning on January 31, 2015 and continuing thereafter, the Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.0020,000,000.00, plus (bii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (ai) $183,279,000.00the Tangible Net Worth Base Amount, plus (bii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.