Consolidated Stockholders' Equity. Permit Consolidated Stockholders' Equity of the Company to be less than $100,000,000 at any time.
Consolidated Stockholders' Equity. Permit Consolidated Stockholders’ Equity, at any time, to be less than $300,000,000 increased on a cumulative basis at the end of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending March 31, 2010, by an amount equal to 50% of Consolidated Net Income (to the extent positive) for the fiscal quarter then ended.
Consolidated Stockholders' Equity. The Company will maintain, at the end of each calendar quarter, Consolidated Stockholders' Equity of at least $650,000,000 exclusive of the effect of any noncash writedowns made subsequent to the date hereof.
Consolidated Stockholders' Equity. In the event that Marine’s stockholders’ equity on a consolidated basis (including the accounts of Marine and Company) as reported in Marine’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2005 (the “Consolidated Equity”), is less than $5,000,000, the Members shall contribute, within fifteen (15) days following the filing of such periodic report, equity capital to Marine in an amount equal to the difference between $5,000,000 and the actual Consolidated Equity reported in such periodic report (“Required Contribution”). In the case of such Required Contribution, Marine and each of the Members agree that no additional shares of Marine Common Stock or Marine Preferred Stock shall be issued to the contributing Members in consideration of such Required Contribution. The parties hereto acknowledge and agree that KRM Fund is a third party beneficiary to the provisions set forth in this Section 6.15 and KRM Fund has the right to enforce such provisions as if it were a signatory to this Agreement.”
Consolidated Stockholders' Equity. Section 6.07 of the Credit Agreement is hereby amended and restated in its entirety:
Consolidated Stockholders' Equity. The company will at all times keep and maintain Consolidated Stockholders' Equity at an amount not less than the lesser of (i) $180,000,000 (One Hundred and Eighty Million Dollars) plus 25% of Consolidated Net Income determined on a cumulative basis for the period commencing October 1, 2000 and ending as of the end of the quarter immediately preceding the date of determination, and (ii) $200,000,000 (Two Hundred Million Dollars)."
Consolidated Stockholders' Equity. Borrower and its Subsidiaries shall have Consolidated Stockholders Equity of not less than $345,000,000 at Closing. Thereafter, Borrower and its Subsidiaries shall maintain, at all times, Consolidated Stockholders Equity equal to $345,000,000 plus (i) 100% of the net proceeds to Borrower or any of its Subsidiaries of any equity offering; (ii) 100% of the net proceeds to Borrower or any of its Subsidiaries of any securities sold or distributed by the SECT; and (iii) a minimum of 75% of positive Consolidated Net Income, if any, per calendar quarter thereafter; provided, however, that no adjustments shall be made as a consequence of any loss.
Consolidated Stockholders' Equity. The Company’s consolidated stockholder’s equity on the Closing Date shall be no less than $400,000.
Consolidated Stockholders' Equity. 33 SECTION 6.08
Consolidated Stockholders' Equity. 1. Borrower's issued capital stock taken at par or stated value $
2. Borrower's capital surplus $
3. Borrower's retained earnings $
4. Other amounts included directly in equity under GAAP $
5. Borrower's treasury stock and minority interest in Subsidiaries $
6. Consolidated Stockholders' Equity (Line 1 + Line 2 + Line 3 + Line 4 - Line 5) $ Maximum Consolidated Stockholders' Equity not to be less than: $380,000,000
