Tangible Capital Funds. The Borrower and each of the Subsidiary Guarantors, on a consolidated basis, will attain a Tangible Capital Funds of not less than the following amounts as of the following dates: DATE AMOUNT March 31, 1997 $47,000,000 June 30, 1997 $48,000,000 September 30, 1997 $49,000,000 December 31, 1997 $51,600,000 March 31, 1998 $52,000,000 June 30, 1998 $54,000,000 September 30, 1998 $56,000,000 December 31, 1998 $58,300,000 March 31, 1999 $59,000,000 June 30, 1999 $62,500,000 September 30, 1999 $64,000,000 December 31, 1999 $67,000,000 March 31, 2000 $69,000,000 June 30, 2000 $73,000,000 September 30, 2000 $75,000,000 December 31, 2000 $77,500,000 March 31, 2001 $79,000,000 June 30, 2001 $81,000,000 September 30, 2001 $85,000,000 December 31, 2001 $88,000,000
Appears in 2 contracts
Samples: Financing and Security Agreement (BPC Holding Corp), Financing and Security Agreement (BPC Holding Corp)
Tangible Capital Funds. The Borrower Borrower, Xxxxx UK, Norwich and each of the Subsidiary Guarantors, on a consolidated basis, will attain a Tangible Capital Funds of not less than the following amounts as of the following dates: DATE AMOUNT March 31, 1997 $47,000,000 June 30, 1997 $48,000,000 September 30, 1997 $49,000,000 December 31, 1997 $51,600,000 March 31, 1998 $52,000,000 June 30, 1998 $54,000,000 22,000,000 September 30, 1998 $56,000,000 22,500,000 December 31, 1998 $58,300,000 22,000,000 March 31, 1999 $59,000,000 22,500,000 June 30, 1999 $62,500,000 24,000,000 September 30, 1999 $64,000,000 26,000,000 December 31, 1999 $67,000,000 30,000,000 March 31, 2000 $69,000,000 30,500,000 June 30, 2000 $73,000,000 33,000,000 September 30, 2000 $75,000,000 39,000,000 December 31, 2000 $77,500,000 44,000,000 March 31, 2001 $79,000,000 46,000,000 June 30, 2001 $81,000,000 49,000,000 September 30, 2001 $85,000,000 54,000,000 December 31, 2001 $88,000,00062,000,000
Appears in 1 contract
Samples: Financing and Security Agreement (Norwich Injection Moulders LTD)
Tangible Capital Funds. The Borrower and each of the Subsidiary Guarantors, on a consolidated basis, will attain a Tangible Capital Funds of not less than the following amounts as of the following dates: DATE AMOUNT March 31, 1997 $47,000,000 June 30, 1997 $48,000,000 September 30, 1997 $49,000,000 December 31, 1997 $51,600,000 32,000,000 March 31, 1998 $52,000,000 33,000,000 June 30, 1998 $54,000,000 33,000,000 September 30, 1998 $56,000,000 33,500,000 December 31, 1998 $58,300,000 33,000,000 March 31, 1999 $59,000,000 33,500,000 June 30, 1999 $62,500,000 35,000,000 September 30, 1999 $64,000,000 37,000,000 December 31, 1999 $67,000,000 41,000,000 March 31, 2000 $69,000,000 41,500,000 June 30, 2000 $73,000,000 44,000,000 September 30, 2000 $75,000,000 50,000,000 December 31, 2000 $77,500,000 55,000,000 March 31, 2001 $79,000,000 57,000,000 June 30, 2001 $81,000,000 60,000,000 September 30, 2001 $85,000,000 65,000,000 December 31, 2001 $88,000,00073,000,000
Appears in 1 contract
Samples: Financing and Security Agreement (BPC Holding Corp)