Net Worth Covenant. Until the Loan is paid in full, Guarantor shall maintain at all times a Net Worth (exclusive of any direct or indirect interest in the Property) at least equal to $20,000,000, and, within ten (10) Business Days of Lender’s request, Borrower shall demonstrate in writing and to Lender’s reasonable satisfaction, compliance with this Section.
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Net Worth Covenant. Until the Loan is paid in full, Guarantor shall maintain at all times a Net Worth (exclusive of any direct or indirect interest in the Property) at least equal to $20,000,0006,000,000, and, within ten (10) Business Days of Lender’s request, Borrower shall demonstrate in writing and to Lender’s reasonable satisfaction, compliance with this Section.
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Samples: Loan Agreement (Resource Real Estate Opportunity REIT, Inc.)
Net Worth Covenant. Until the Loan is paid in full, Guarantor shall maintain at all times a Net Worth (exclusive of any direct or indirect interest in the Property) at least equal to $20,000,00045,000,000, and, within ten (10) Business Days business days of Lender’s 's request, Borrower shall demonstrate in writing and to Lender’s 's reasonable satisfaction, compliance with this Section.
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Net Worth Covenant. Until the Loan is paid in full, Guarantor shall maintain at all times a Net Worth (exclusive of any direct or indirect interest in the Property) at least equal to $20,000,00040,000,000, and, within ten (10) Business Days of Lender’s 's request, Borrower shall demonstrate in writing and to Lender’s 's reasonable satisfaction, compliance with this Section.
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