Net Worth Requirements definition
Examples of Net Worth Requirements in a sentence
Comply with the following covenants and ratios: Tangible Net Worth Requirements.
Other Net Worth requirements are as follows: Effective Tangible Net Worth Requirements.
Net Worth Requirements and EBITDA to Consolidated Interest Expense.
BUSINESS LOAN AGREEMENT (Continued)Page 2 Tangible Net Worth Requirements.
Other Net Worth Requirements are as follows: Ratios must be maintained or Company will not pay dividend.
Lender hereby waives compliance by Borrower with the financial covenants set forth in Sections 6.2 (Net Worth Requirements), Section 6.3 (Debt to Worth Ratio) and Section 6.4 (Interest Coverage Ratio) for any period ending prior to the effective date of this Amendment.
Lender hereby waives compliance by Borrower with SECTION 6.1 (Net Worth Requirements), SECTION 6.2 (Debt to Worth Ratio), SECTION 6.3 (Interest Coverage Ratio) and SECTION 3.2 (VALUE OF PLEDGED SECURITIES) for the period ended June 30, 2000.