Common use of Net Worth Covenant Clause in Contracts

Net Worth Covenant. (a) Subject to the terms and conditions contained herein, Congress hereby waives the Event of Default that has occurred arising under Section 4.13 of the Covenant Supplement as a result of the failure of Borrower to maintain Net Worth in the amount required thereunder through December 31, 2001.

Net Worth Covenant. (a) Subject to the terms and conditions contained herein, Congress hereby waives the Event of Default that has occurred arising under Section 4.13 4.12 of the Covenant Supplement as a result of the any failure of Borrower to maintain Net Worth in the amount amounts required thereunder from June 30, 2000 through December 31and including September 30, 20012000.

Net Worth Covenant. (a) Subject to the terms and conditions contained herein, Congress hereby waives the Event of Default that has occurred arising under Section 4.13 of the Covenant Supplement as a result of the failure of Borrower to maintain Net Worth in the amount required thereunder through December July 31, 2001.

Net Worth Covenant. (a) Subject to the terms and conditions contained herein, herein Congress hereby waives the Event any Events of Default that has have occurred arising under Section 4.13 8.1(a) of the Covenant Supplement Accounts Agreement arising as a result of the failure of Borrower to maintain Net Worth in the amount required thereunder through December under Section 4.13 of the Covenant Supplement for the months ending September 30, 2002 and October 31, 20012002.