Adjusted Consolidated Tangible Net Worth. At any time, permit the Adjusted Consolidated Tangible Net Worth of the Borrower and the Subsidiaries to be less than the sum of (i) $120,000,000, plus (ii) the principal amount of Subordinated Debt incurred by the Borrower on and after June 27, 2002.
Adjusted Consolidated Tangible Net Worth. The Administrative Borrower shall maintain Adjusted Consolidated Tangible Net Worth measured as of the last day of each fiscal quarter ending after June 30, 2007 of (a) $500,000,000 plus (b) 50% of the Consolidated Net Income (without deduction for losses sustained during any fiscal quarter) of the Administrative Borrower for each full fiscal quarter starting after June 30, 2007 plus (c) 50% of the aggregate increase in shareholders’ equity of the Administrative Borrower after the Effective Date by reason of an Equity Issuance (including upon conversion of Indebtedness into such capital stock but excluding (i) Stock issued in connection with an employee stock ownership plan, an employee stock option plan, an employee stock purchase plan, and (ii) any portion of such increase in shareholders’ equity attributable to goodwill recognized in connection with a Permitted Acquisition).
Adjusted Consolidated Tangible Net Worth. A. The par value (or value stated on the books of the Borrower) of the capital stock of all classes of the Borrower................................................$_________
Adjusted Consolidated Tangible Net Worth. Until the date on which the Second Bond is paid, prepaid or repurchased in full, the Company's Adjusted Consolidated Tangible Net Worth (as defined below) at the end of each quarterly fiscal period of each Fiscal Year shall not be less than $150,000,000. "Adjusted Consolidated Tangible Net Worth" of the Company, at the end of a quarterly fiscal period of a Fiscal Year, means total stockholders' equity of the Company and its consolidated Subsidiaries as of such date determined on a consolidated basis in accordance with generally accepted accounting principles, less amounts (net of applicable deferred taxes relating to such amounts) attributable to unamortized deferred charges, unamortized debt discount and expense, goodwill, patents, trademarks, service marks, trade names, copyrights, franchises, licenses and similar rights, organization, reorganization or developmental expenses, increases in the book value of any assets of the Company and its consolidated Subsidiaries as a result of any revaluation of such assets (other than any such increases result-
Adjusted Consolidated Tangible Net Worth. The Borrower will maintain at all times Adjusted Consolidated Tangible Net Worth of not less than the sum of (i) $310,000,000 plus (ii) 50% of Consolidated Net Income earned in any fiscal year beginning with the fiscal year ending on December 31, 1997 (without deduction for losses), provided that the adjustment to minimum Adjusted Consolidated Tangible Net Worth as a result of this clause (ii) shall occur annually upon delivery by the Borrower of the financial statements described in Section 6.1(i) for the relevant fiscal year.
Adjusted Consolidated Tangible Net Worth. The ratio of the Adjusted Consolidated Tangible Net Worth to the sum of (i) the Capital Accounts of all Preferred Units plus (ii) the amount of accrued Preferred Unit distributions (whether or not declared or paid) for which allocations have not as yet been reflected in the Capital Accounts is at least 1.0 to 1.0;
Adjusted Consolidated Tangible Net Worth. As of the last day of each fiscal quarter ending during any period specified below, Adjusted Consolidated Tangible Net Worth shall be less than the amount set forth opposite such period:
Adjusted Consolidated Tangible Net Worth. Borrower shall not permit ---------------------------------------- its Adjusted Consolidated Tangible Net Worth at any time during any fiscal quarter to be less than One Billion Two Hundred Seventy Five Million Dollars ($1,275,000,000.00) plus seventy five percent (75%) of each of the total for all ---- fiscal years during the terms of the Loan, fiscal year's consolidated net income, commencing with the fiscal year beginning January 1, 1998.
Adjusted Consolidated Tangible Net Worth. MX Holdings shall at all times maintain an Adjusted Consolidated Tangible Net Worth of at least $60,000,000 (calculated in accordance with GAAP).
Adjusted Consolidated Tangible Net Worth. On the Computation Date, the Adjusted Consolidated Tangible Net Worth, which is required to be not less than $____ , was $ _____ as computed on the supporting documents attached hereto as Schedule 2.
