Adjusted Net Worth

Example Definitions of "Adjusted Net Worth"
Adjusted Net Worth. Borrowers and NSC shall maintain a consolidated Adjusted Net Worth of not less than (i) $13,000,000 at any time during the fiscal year ending October 31, 2004, (ii) $9,000,000 at any time during the fiscal year ending 2005, (iii) $8,000,000 at any time during the fiscal year ending on 2006 and (iv) $7,000,000 at any time during the fiscal year ending in 2007.
Found in NUTRITIONAL SOURCING CORP contract
Adjusted Net Worth. Means, for any Person, Net Worth of such Person minus all Intangible Assets of such Person on a consolidated basis as determined at a particular date in accordance with GAAP.
Found in InPoint Commercial Real Estate Income, Inc. contract
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