TOTAL CAPITAL FUNDS Sample Clauses

TOTAL CAPITAL FUNDS. The Borrower shall not permit Total Capital Funds, as of the end of each of the Fiscal Quarters set forth below, to be less than the following: Fiscal Quarter Total Capital Funds -------------- ------------------- First Fiscal Quarter of Fiscal $62,000,000 Year 1998 Second Fiscal Quarter of Fiscal $62,000,000 Year 1998 Third Fiscal Quarter of Fiscal $62,000,000 Year 1998 Fourth Fiscal Quarter of Fiscal $62,000,000 Year 1998 First Fiscal Quarter of Fiscal $61,000,000" Year 1999 The Borrower and the Agent agree that, as promptly as practicable after the Borrower's delivery of the Revised Business Plan to the Agent in accordance with Subsection 7.13, the Borrower and the Agent will negotiate with respect to mutually acceptable modifications to the financial covenants set forth in this Subsection 8.21.
Sample 1
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TOTAL CAPITAL FUNDS. Permit or suffer the consolidated Total Capital Funds of the Company in its Subsidiaries to be less than $15,000,000 at any fiscal quarter end of the Company after the Effective Date.
Sample 1
TOTAL CAPITAL FUNDS. The Borrower shall not permit Total Capital Funds, as of the end of each of the Fiscal Quarters set forth below, to be less than the following: Fiscal Quarter Total Capital Funds -------------- ------------------- First Fiscal Quarter of Fiscal Year 1998 $66,000,000 Second Fiscal Quarter of Fiscal Year 1998 $64,000,000 Third Fiscal Quarter of Fiscal Year 1998 $62,000,000 Fourth Fiscal Quarter of Fiscal Year 1998 $62,500,000 First Fiscal Quarter of Fiscal Year 1999 $61,000,000
Sample 1
TOTAL CAPITAL FUNDS. The term “Total Capital Funds” shall mean the sum of the excess of the total consolidated assets of Borrowers over total consolidated liabilities of Borrowers. For purposes hereof, total assets and total liabilities shall each be determined in accordance with generally accepted accounting principles consistently applied.
Sample 1
TOTAL CAPITAL FUNDS. Borrowers’ Total Capital Funds shall not, at the end of any calendar month, be less than $9,300,000.
Sample 1

Related to TOTAL CAPITAL FUNDS

  • Net Capital You represent that you, and we represent that we, are in compliance with the capital requirements of Rule 15c-3-1 promulgated by the Commission under the Securities and Exchange Act of 1934, and we may, in accordance with and pursuant to such Rule 15c-3-1, agree to purchase the amount of Units to be purchased by you and us, respectively, under the Agreement.

  • Invested Capital The amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for repurchase of Shares.

  • Initial Capital The initial capital of the Company shall be the sum of cash contributed to the Company by the Member (the “Capital Contribution”) in the amount set out opposite the name of the Member on Schedule A hereto, as amended from time to time and incorporated herein by this reference.

  • Additional Capital The Member shall not be obligated to make any Capital Contributions other than the initial Capital Contributions specified in Section 3.2.

  • Debt to Capital Ratio At all times, maintain a ratio of Total Consolidated Debt to Total Consolidated Capitalization of not greater than 0.65 to 1.0.

  • Leverage Ratios Notwithstanding anything to the contrary contained herein, for purposes of calculating any leverage ratio herein in connection with the incurrence of any Indebtedness, (a) there shall be no netting of the cash proceeds proposed to be received in connection with the incurrence of such Indebtedness and (b) to the extent the Indebtedness to be incurred is revolving Indebtedness, such incurred revolving Indebtedness (or if applicable, the portion (and only such portion) of the increased commitments thereunder) shall be treated as fully drawn.

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • Debt to Capitalization Ratio As of the last day of each fiscal quarter of the Borrower, the Debt to Capitalization Ratio shall be less than or equal to 0.70 to 1.0.

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Minimum Investment Subject to certain individual state requirements and except for shares issued pursuant to the DRIP, Shares may be sold only to investors who initially purchase a minimum of $5,000, subject to certain state requirements as described in the Prospectus. With respect to Selected Broker-Dealer’s participation in any resales or transfers of the Shares, Selected Broker-Dealer agrees to comply with any applicable requirements set forth in Section 2 and to fulfill the obligations pursuant to FINRA Rule 2310.

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