Tangible Net Worth of Successor Corporation. Prior to such transaction, the Loan Participants shall obtain evidence to the effect that the Tangible Net Worth of the Borrower or Successor Corporation after giving effect to such transaction is no less than the Tangible Net Worth of the Borrower immediately prior to such transaction. As used herein,
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Samples: Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.), Facility Agreement (Virgin America Inc.)
Tangible Net Worth of Successor Corporation. Prior to such transaction, the Loan Participants Purchasers shall obtain evidence to the effect that the Tangible Net Worth of the Borrower Lessee or Successor Corporation after giving effect to such transaction is no less than the Tangible Net Worth of the Borrower Lessee immediately prior to such transaction. As used herein,
Appears in 2 contracts
Samples: Aircraft Lease Agreement (Virgin America Inc.), Aircraft Lease Agreement (Virgin America Inc.)
Tangible Net Worth of Successor Corporation. Prior to such transaction, the Loan Participants Financiers shall obtain evidence to the effect that the Tangible Net Worth of the Borrower Lessee or Successor Corporation after giving effect to such transaction is no less than the Tangible Net Worth of the Borrower Lessee immediately prior to such transaction. As used herein,
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