Adjusted Net Worth Ratio Sample Clauses

Adjusted Net Worth Ratio. The Companies shall not suffer or permit at any time the Adjusted Net Worth Ratio to be less than (i) 5.90 to 1.00 on the last day of FQE August 31, 2001 through the day prior to the last day of FQE November 30, 2001, (ii) 6.40 to 1.00 on the last day of FQE November 30, 2001 through the day prior to the last day of FQE February 28, 2002, (iii) 7.00 to 1.00 on the last day of FQE February 28, 2002 through the day prior to the last day of FQE May 31, 2002, (iv) 6.80 to 1.00 on the last day of FQE May 31, 2002 through the day prior to the last day of FQE August 31, 2002, and (v) 6.50 to 1.00 on the last day of FQE August 31, 2002 and thereafter. The Adjusted Net Worth Ratio shall be calculated only as of the last day of a fiscal quarter and shall not be recalculated until the last day of the next succeeding fiscal quarter.
Sample 1Sample 2
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Adjusted Net Worth Ratio. Borrower shall not suffer or permit at any time the Adjusted Net Worth Ratio, for the most recently completed four fiscal quarters of the Companies, to be greater than (i) 12.00 to 1.00 for the four fiscal quarter period of the Companies ending on or about August 31, 2002, (ii) 12.70 to 1.00 for the four fiscal quarter period of the Companies ending on or about November 30, 2002, (iii) 13.90 to 1.00 for the four fiscal quarter period of the Companies ending on or about February 28, 2003, (iv) 14.90 to 1.00 for the four fiscal quarter period of the Companies ending on or about May 31, 2003, and (v) 15.60 to 1.00 for the four fiscal quarter period of the Companies ending on or about August 31, 2003 and each four fiscal quarter period thereafter.
Sample 1

Related to Adjusted Net Worth Ratio

  • Consolidated Net Worth The Company will not at any time permit Consolidated Net Worth to be less than the sum at such time of (a) US$4,500,000,000 and (b) commencing with the fiscal quarter beginning on January 1, 2007, 50% of the Company’s Consolidated Net Income for each fiscal quarter of the Company for which Consolidated Net Income is positive and for which financial statements shall have been delivered under Section 5.01(a) or (b).”

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Minimum Consolidated Net Worth The Borrower will not permit its Consolidated Net Worth at any time to be less than the sum of (i) $250,000,000 plus (ii) thirty percent (30%) of the sum of the Consolidated Net Income of the Borrower (with any consolidated net loss during any fiscal quarter counting as zero) for each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending June 30, 1997.

  • Adjusted Quick Ratio A ratio of (i) Quick Assets to (ii) Current Liabilities minus the current portion of Deferred Revenue of at least 1.50 to 1.00.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Adjusted Tangible Net Worth On the Effective Date, Seller’s Adjusted Tangible Net Worth is not less than the amount set forth in Section 2.1 of the Pricing Side Letter.

  • Current Ratio The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of (i) consolidated current assets (including the unused amount of the total Commitments, but excluding non-cash assets under FAS 133) to (ii) consolidated current liabilities (excluding non-cash obligations under FAS 133 and current maturities under this Agreement) to be less than 1.0 to 1.0.

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