Adjusted Consolidated Net Worth. The Company will not permit at any time its Adjusted Consolidated Net Worth as of the end of any fiscal year to be less than $130,000,000 plus the cumulative sum of 50% of Consolidated Net Income (but only if a positive number) for each fiscal year ending after June 30, 2001.
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Samples: Note Purchase Agreement (Elkcorp)
Adjusted Consolidated Net Worth. The Company will not permit at any time its Adjusted Consolidated Net Worth as (calculated on the last day of the end of any each fiscal year quarter) to be less than $130,000,000 149,180,000 plus the cumulative sum of 50(x) 40% of Consolidated Net Income (but only if a positive number), plus (y) 75% of Net Cash Proceeds received by the Company from the issuance of Equity Interests by the Company for (i) each completed fiscal year of the Company ending after June 30December 31, 2001.2005, and (ii) the period from the
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Samples: Joinder Agreement (Castle a M & Co)
Adjusted Consolidated Net Worth. The Company will not permit at any time its Adjusted Consolidated Net Worth as of the end last day of any fiscal year quarter to be less than $130,000,000 plus the cumulative sum of 50(i) $188,190,000, plus (ii) 25% of Consolidated Net Income (but only if a positive number) for each fiscal year quarter ending after June 30December 31, 20012006, plus (iii) 100% of equity raised or contributed after such date.
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Adjusted Consolidated Net Worth. The Company will not permit at any time its Adjusted Consolidated Net Worth as of the end of at any fiscal year time to be less than $130,000,000 420,000,000 plus the cumulative sum of 5025% of Consolidated Net Income (but only if a positive number) for each fiscal year quarter ending after June September 30, 20012000.
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