Common use of Positive Net Worth Clause in Contracts

Positive Net Worth. On the Closing Date the fair market value of the assets of the Company will equal or exceed the sum of the liabilities of the Company plus the amount of any other liabilities to which the assets of the Company are subject.

Appears in 7 contracts

Sources: Agreement and Plan of Reorganization (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc), Agreement and Plan of Reorganization (Vision Twenty One Inc)