Common use of Consolidated Net Capital Clause in Contracts

Consolidated Net Capital. The Tenant will not at any time permit its Consolidated Net Capital to be less than the sum of (a) $85,000,000 plus (b) the cumulative sum of 10% (without deduction for any loss) of its Consolidated Net Income for the six month period ending September 30, 1996 and for each fiscal year thereafter.

Appears in 4 contracts

Samples: Note Purchase Agreement (Hewitt Holdings LLC), Note Purchase Agreement (Hewitt Holdings LLC), Note Purchase Agreement (Hewitt Holdings LLC)

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