Common use of Consolidated Stockholders' Equity Clause in Contracts

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.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

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Consolidated Stockholders' Equity. Permit Consolidated Stockholders’ Equity, at any time, to be less than $300,000,000 351,918,000 increased on a cumulative basis at the end of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending March 31starting October 1, 20102005, by an amount equal to 50% of Consolidated Net Income (to the extent positive) for the fiscal quarter then ended.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

Consolidated Stockholders' Equity. Permit Consolidated Stockholders’ Equity, at any time, to be less than $300,000,000 325,000,000, increased on a cumulative basis at by, as of the end of each fiscal quarter of the Borrower, beginning Borrower commencing with the fiscal quarter ending March December 31, 20102003, by an amount equal to 50% of Consolidated Net Income (to the extent positive) for the fiscal quarter then ended.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

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Consolidated Stockholders' Equity. Permit Consolidated Stockholders’ Equity, at any time, to be less than $300,000,000 320,000,000 increased on a cumulative basis at the end of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending March 31, 20102012, by an amount equal to 50% of Consolidated Net Income (to the extent positive) for the fiscal quarter then ended.

Appears in 1 contract

Samples: Credit Agreement (Tredegar Corp)

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