Prior Corporate Names definition
Prior Corporate Names. None Fictitious Names: Diamond Communications Division Diamond European Division FINANCIAL COVENANTS (SECTION 6.1.13): Borrower shall comply with all of the following covenants. Compliance shall be determined as of the end of each quarter (as determined by FINOVA in its sole discretion), except as otherwise specifically provided below: Collateral Coverage. Borrower shall maintain at the Closing Date and at all times thereafter total eligible Collateral of not less than one hundred twenty percent (120%) of the outstanding balance of the Revolving Credit Loans, determined as of each advance and at least monthly. Debt to Tanigible Net Worth. Borrower shall maintain a ratio of Indebtedness to Tangible Net Worth of not greater than: 2.5 to 1.0 As of the most recent month end prior to the Closing Date and as of the end of each fiscal quarter thereafter. Quick Ratio. Borrower shall maintain a Quick Ratio of not less than: .85 to 1:00 As of the most recent month end prior to the Closing Date and as of the end of each fiscal quarter thereafter. Tangible Net Worth. Borrower shall maintain Tangible Net Worth of not less than Eighty Million Dollars ($80,000,000.00) as of the most recent month end prior to the Closing Date and as of the end of each fiscal quarter thereafter. EBITDA. Borrower shall maintain positive Earnings Before Interest Taxes Depreciation and Amortization on a cumulative year to date basis, commencing with the fiscal quarter ending March 31, 1999 and as of the end of each fiscal quarter thereafter. NEGATIVE COVENANTS (SECTION 6.2): Existing Guaranties: None Capital Expenditures: No limitation Compensation: No limitation Indebtedness: No limitation REPORTING REQUIREMENTS (SECTION 9.1): 1. Borrower shall provide FINOVA with monthly agings aged by invoice date and reconciliations of Receivables within fifteen (15) days after the end of each month.
Prior Corporate Names. N/A Fictitious Names: N/A Company Merged, Consolidated, or whose Assets All Acquired: N/A CASI Locations (Section 12.16):
Prior Corporate Names. Perfect Interface (a division of Rockford Corporation).
Examples of Prior Corporate Names in a sentence
State of Incorporation (Section 12.1): Delaware Fictitious Names/Prior Corporate Names/Surviving Corporation (Section 12.2): Prior Corporate Names: Sellectek Incorporated Fictitious Names: Glasgal Communications of New Jersey, Inc.
Fictitious Names/Prior Corporate Names (Section 5.2): Prior Corporate Names: None.
Fictitious Names/Prior Corporate Names: Prior Corporate Names: HEALTH-MOR, INC.
State of Incorporation (Section 12.1): New Jersey Fictitious Names/Prior Corporate Names/Surviving Corporation (Section 12.2): Prior Corporate Names: Titronix Corp., Tytronix Corporation Fictitious Names: Datatec Systems, Inc.
State of Incorporation (Section 12.1): Illinois Fictitious Names/Prior Corporate Names/Surviving Corporation (Section 12.2): Prior Corporate Names: H▇▇▇▇▇▇▇ and H▇▇▇▇▇ Sales, Inc.
Fictitious Names/Prior Corporate Names (Section 5.2): Prior Corporate Names of nStor Technologies, Inc.: IMGE, Inc.
Fictitious Names/Prior Corporate Names (Section 5.2): Prior Corporate Names: Play Co. Toys, Inc.
More Definitions of Prior Corporate Names
Prior Corporate Names. NONE Fictitious Names: NONE Borrower Locations (Section 5.16). See Exhibit 5.16 hereto. Borrower's Federal Tax Identification Number (Section 5.16): 59-1▇▇▇▇▇▇ Permitted Encumbrances (Section 1.1): See Exhibit 1.1(a) hereto. FINANCIAL COVENANTS (SECTION 6.1.13): Borrower shall comply with all of the following covenants. Compliance shall be determined as of the end of each month or quarter (as determined by FINOVA in its sole discretion), except as otherwise specifically provided below: Current Ratio Borrower shall maintain a ratio of Current Assets to Current Liabilities of not less than 1.3 to 1.0.
Prior Corporate Names. None Fictitious Names: None Borrower Locations: ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Borrowers Federal Tax Identification Number ▇▇-▇▇▇▇▇▇▇ Permitted Encumbrances: Indebtedness between Borrower and Seller that has been Subordinated to the Borrower ============================================================================ FINANCIAL COVENANTS Borrower shall comply with all of the following covenants. Compliance shall be determined as of the end of each month, except as otherwise specifically provided below:
Prior Corporate Names. Prism Entertainment Corporation ▇▇▇ Video City, Inc. ▇▇▇▇ ▇▇▇▇▇▇ III
Prior Corporate Names. Javelin's prior corporate name was: Sunwood Research, Inc. Fictitious Names: None Borrower Locations (Section 5.16) JAVELIN: ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Irvine, California 92614 (prior to June 27, 1998) ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, Irvine, California 92614 (after June 27, 1998) CCI: ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (new location in Earth City, Missouri commencing on or about September 1, 1998)
Prior Corporate Names. None Fictitious Names: None Borrower Locations (Section 5.16) ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Road Boca Raton, FL 33487 ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Road Boca Raton, FL 33487 ▇▇▇▇ ▇. ▇▇▇▇▇▇ Circle Boca Raton, FL 33487 ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Borrower's Federal Tax Identification Number (Section 5.16): ▇▇-▇▇▇▇▇▇▇ Permitted Encumbrances (Section 1.1): None ==================================================================================================================================== FINANCIAL COVENANTS (SECTION 6.1.13): Borrower shall comply with all of the following covenants. Compliance shall be determined as of the end of each month or quarter (as determined by FINOVA in its sole discretion), except as otherwise specifically provided below: Net Worth. Borrower shall maintain a minimum Tangible Net Worth of not less --------- than Fifteen Million Dollars ($15,000,000) at all times; ==================================================================================================================================== NEGATIVE COVENANTS (SECTION 6.2):