Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars ($700,000).
Appears in 3 contracts
Samples: Loan and Security Agreement (Crossworlds Software Inc), Loan and Security Agreement (Crossworlds Software Inc), Loan and Security Agreement (Crossworlds Software Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Three Million Dollars ($700,0003,000,000).
Appears in 3 contracts
Samples: Loan and Security Agreement (Somnus Medical Technologies Inc), Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Jetfax Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand FOUR MILLION SIX HUNDRED THOUSAND AND NO/100THS Dollars ($700,0004,600,000).
Appears in 2 contracts
Samples: Loan and Security Agreement (T/R Systems Inc), Loan Modification Agreement (T/R Systems Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars ($700,000)0.β
Appears in 2 contracts
Samples: Loan Agreement (Safeguard Scientifics Inc), Loan Agreement (Clarient, Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than than: (i) Seven Million Dollars ($7,000,000.00) for each month through the month ending June 30, 1999, and (ii) Four Million Five Hundred Thousand Dollars ($700,000)4,500,000.00) for each month thereafter."
Appears in 2 contracts
Samples: Second Loan Modification Agreement (Maker Communications Inc), Second Loan Modification Agreement (Maker Communications Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Forty Million Dollars ($700,00040,000,000).
Appears in 2 contracts
Samples: Loan and Security Agreement (Tegal Corp /De/), Loan and Security Agreement (At Home Corp)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars ($700,000700,000.00).
Appears in 2 contracts
Samples: First Loan Modification Agreement (Eprise Corp), Loan and Security Agreement (Eprise Corp)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar quarter a Tangible Net Worth of not less than THREE MILLION FIVE HUNDRED THOUSAND AND NO/1OOTHS Dollars ($3,500,000), and intraquarterly, as of the last day of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand THREE MILLION AND NO/1OOTHS Dollars ($700,0003,000,000).
Appears in 2 contracts
Samples: Loan Modification Agreement (Maker Communications Inc), Loan Modification Agreement (Maker Communications Inc)
Tangible Net Worth. Borrower shall maintain, tested as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars ($700,000).Eight Million
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Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Thirty Million Dollars ($700,00030,000,000).
Appears in 1 contract
Samples: Loan and Security Agreement (Loudeye Technologies Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth plus Subordinated Debt of not less than Seven Twelve Million Five Hundred Thousand Dollars ($700,00012,500,000).
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Tangible Net Worth. Borrower shall maintain, as of the last day of ------------------ of each calendar monthmonth commencing with the first calendar month ending after the Closing Date, a Tangible Net Worth of not less than Seven One Million Five Hundred Thousand Dollars ($700,0001,500,000.00).
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Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Six Million, Five Hundred Thousand Dollars ($700,0006,500,000) and, after the Initial Public Offering, not less than Twenty Million Dollars ($20,000,000).
Appears in 1 contract
Samples: Loan Modification Agreement (Quicklogic Corporation)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars (at least $700,000)7,500,000.
Appears in 1 contract
Samples: Loan Modification Agreement (Alteon Websystems Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand One Million Dollars ($700,0001,000,000).
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Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth plus Subordinated Debt of not less than Seven Five Million, Two Hundred Fifty Thousand Dollars ($700,0005,250,000).
Appears in 1 contract
Samples: Loan and Security Agreement (Nuko Information Systems Inc /Ca/)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars EIGHTEEN MILLION DOLLARS ($700,00018,000,000).
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Tangible Net Worth. Borrower shall maintain, maintain as of the last day ------------------ of each calendar month, month a Tangible Net Worth of not less than Seven One Million Five Hundred Thousand Dollars ($700,0001,500,000).
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Tangible Net Worth. Borrower shall maintain, as of the last day of ------------------ of each calendar monthquarter, a Tangible Net Worth of not less than Seven Hundred Thousand Forty-Five Million Dollars ($700,00045,000,000.00).
Appears in 1 contract
Samples: Loan and Security Agreement (Natural Microsystems Corp)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar monthmonth commencing APRIL 30, 2000, a Tangible Net Worth of not less than Seven Hundred Thousand FIFTEEN MILLION AND NO/100THS Dollars ($700,00015,000,000).
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Tangible Net Worth. Borrower shall maintain, as of the last day of ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Three Million Dollars ($700,0003,000,000.00).
Appears in 1 contract
Samples: Loan and Security Agreement (Esperion Therapeutics Inc/Mi)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar monthmonth after the Equity Event, a Tangible Net Worth of not less than Seven Three Million Five Hundred Thousand Dollars ($700,0003,500,000).
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Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven One Million Five Hundred Thousand Dollars ($700,0001,500,000.00).
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Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth Worth, plus Subordinated Debt, plus deferred revenues, of not less than Seven Hundred Thousand Ten Million Dollars ($700,00010,000,000).
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Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Fifteen Million Dollars ($700,00015,000,000).
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Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven One Million Five Hundred Thousand Dollars ($700,0001,500,000.00)." and inserting in lieu thereof the following:
Appears in 1 contract
Samples: First Loan Modification Agreement (Synchronicity Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Three Million Five Hundred Thousand Dollars ($700,0003,500,000).
Appears in 1 contract
Samples: Loan and Security Agreement (Sagent Technology Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Three Million Five Hundred Thousand Dollars ($700,0003,500,000).
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Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Dollars (at least $700,000)28,000,000.00."
Appears in 1 contract
Samples: Second Loan Modification Agreement (Tripath Imaging Inc)
Tangible Net Worth. Borrower shall maintain, as of the last day ------------------ of each calendar month, a Tangible Net Worth of not less than Seven Hundred Thousand Eleven Million Dollars ($700,000)11,000,000) plus seventy five percent (75%) of the net proceeds received by Borrower after the Closing Date from the sale of its equity securities.
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