Parent Financial Covenants Sample Clauses

Parent Financial Covenants. The Parent shall comply with any of the financial covenants set forth in ANNEX G to the Purchase Agreement.
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Parent Financial Covenants. The Parent shall:
Parent Financial Covenants. (a) Consolidated Tangible Net Worth. Parent shall not permit the Consolidated Tangible Net Worth of Parent and its Subsidiaries on a consolidated basis at any time to be less than the sum of (a) $950,000,000 and (b) an amount equal to eighty-five percent 85% of the aggregate increases in Shareholders' Equity of Parent, by reason of the issuance and sale of capital stock or other equity interests of Parent or any Subsidiary (other than issuances to Parent or a wholly-owned Subsidiary), including upon any conversion of debt securities of Parent into such capital stock or other equity interests.
Parent Financial Covenants 

Related to Parent Financial Covenants

  • Financial Covenants Section 4.01. (a) The Borrower shall maintain or cause to be maintained records and accounts adequate to reflect in accordance with sound accounting practices the operations, resources and expenditures in respect of the Project of the departments or agencies of the Borrower responsible for carrying out the Project or any part thereof.

  • Certain Financial Covenants The Borrower will not:

  • Financial Covenant So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 to 1.00 as of the last day of each fiscal quarter.

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