TIL Balance Sheets. Assignor shall have received an audited balance sheet of TIL as of December 31, 1996 reflecting a consolidated net worth, net of minority interests, of at least $150,000,000.
Appears in 10 contracts
Sources: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iii), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iv), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iii)