Examples of Tangible Net Worth Requirement in a sentence
Tangible Net Worth as of the last day of each month, shall not be less than the Tangible Net Worth Requirement.
The Minimum Tangible Net Worth Requirement described herein shall be adjusted annually based on changes in the CPI in accordance with the methodology set forth in Section 8.1.3 of the CMA General Conditions, commencing on the first anniversary of the Initial Maintenance Term Commencement Date and continuing annually thereafter during the Maintenance Period.
For so long as there are any Obligations to Lender, the Borrower shall maintain at all times the Tangible Net Worth Requirement.
The Adjusted Tangible Net Worth of the Consolidated Group, determined on a consolidated basis as of the last day of each Fiscal Period ending after the Closing Date, shall not be less than the Adjusted Tangible Net Worth Requirement.
Adjusted Tangible Net Worth, determined for the Parent and its Subsidiaries, excluding the Unrestricted Subsidiaries, as of the last day of the fiscal quarter ending December 31, 2001 and continuing as of the last day of each fiscal quarter ending thereafter, shall not be less than the Adjusted Tangible Net Worth Requirement.