CLAUSEBUILDER.COM
Updated 1052 days ago
Minimum Working Capital. Customer's net working capital (i.e. the excess of its current assets over its current liabilities), as shown on Customer's regular books and records, shall at all time exceed $_________. Minimum Working Capital Ratio. The ratio of Customer's current assets to its current liabilities, as shown on Customer's regular books and records, shall... Retained Earnings Increases. The fiscal year-end "retained earnings" of Customer, as shown on the accountant prepared annual financial statements of Customer required to be furnished hereunder, shall each year after the date hereof be not less than $___ greater than the retained earnings as of the end of the immediately preceding fiscal year of Customer... No Additional Mortgages or Liens. Except upon the prior written consent of Bank, which consent shall not be unreasonably withheld, and except for existing mortgage debt and liens, as described on Exhibit "A" attached hereto, aggregating not in excess of $_________,..