{"iri":"https://folio.openlegalstandard.org/R7xmPX9pj9KdiRWgSiw76Ys","label":"Effective Tangible Net Worth Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Clause de valeur nette tangible effective","es-es":"Cláusula de Patrimonio Neto Tangible Efectivo","es-mx":"Cláusula de Patrimonio Neto Tangible Efectivo","pt-br":"Cláusula de Patrimônio Líquido Tangível Efetivo","en-gb":"Effective Tangible Net Worth Clause","de-de":"Effektive materielle Eigenkapitalklausel","he-il":"סעיף ערך נטו מוחשי יעיל","hi-in":"प्रभावी वास्तविक नेट वर्थ क्लॉज","ja-jp":"有効な有形純資産条項","zh-cn":"有效有形净值条款"},"hidden_label":null,"definition":"An Effective Tangible Net Worth Clause is a provision in a contract that requires a party to maintain a certain level of tangible assets in relation to their liabilities, in order to ensure their financial stability and ability to fulfill their obligations under the contract.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}