# Effective Tangible Net Worth Clause

**IRI:** https://folio.openlegalstandard.org/R7xmPX9pj9KdiRWgSiw76Ys

## Labels

**Translations:**

- de-de: Effektive materielle Eigenkapitalklausel
- en-gb: Effective Tangible Net Worth Clause
- es-es: Cláusula de Patrimonio Neto Tangible Efectivo
- es-mx: Cláusula de Patrimonio Neto Tangible Efectivo
- fr-fr: Clause de valeur nette tangible effective
- 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
- pt-br: Cláusula de Patrimônio Líquido Tangível Efetivo
- zh-cn: 有效有形净值条款

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc

**Deprecated:** False

