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

  • Adjusted Net Worth The Guarantor will not permit Adjusted Net Worth as at the last day of any fiscal quarter of the Guarantor to be less than $1,000,000,000.

  • Consolidated Net Worth Borrower will at the end of each fiscal quarter maintain Consolidated Net Worth in an amount of not less than the sum of (i) $625,000,000 plus (ii) fifty percent (50%) of the aggregate Consolidated Net Income, if positive, for the period beginning January 1, 2005 and ending on the last day of such fiscal quarter.

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • 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 Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than US$11,250,000,000 (“Minimum Amount”).

  • Adjusted Quick Ratio A ratio of Quick Assets to Total Liabilities minus Deferred Revenue of at least 1.5 to 1.0; and

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • 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.

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