Maintain Consolidated Adjusted Net Worth Sample Clauses

Maintain Consolidated Adjusted Net Worth. Maintain as of the end of each fiscal quarter a Consolidated Adjusted Net Worth of not less than the following amounts during the periods specified below: from the Closing Date through December 30, 1999....... $17,000,000 from December 31, 1999 through December 30, 2000...... $17,000,000 from December 31, 2000 through December 30, 2001...... $17,850,000 from December 31, 2001 through December 30, 2002...... $19,550,000 from December 31, 2002 through December 30, 2003...... $22,100,000 from December 31, 2003 and thereafter................. $25,075,000
Sample 1
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Maintain Consolidated Adjusted Net Worth. Maintain as of the end of each fiscal
Sample 1
Maintain Consolidated Adjusted Net Worth. Maintain as of the end of each fiscal quarter a Consolidated Adjusted Net Worth of not less than the following amounts during the periods specified below: from the Closing Date through December 30, 1999................................................$17,000,000 from December 31, 1999 through December 30, 2000...............................................$17,000,000 from December 31, 2000 through December 30, 2001...............................................$17,850,000 from December 31, 2001 through December 30, 2002...............................................$19,550,000 from December 31, 2002 through December 30, 2003...............................................$22,100,000 from December 31, 2003 and thereafter..........................................................$25,075,000
Sample 1

Related to Maintain Consolidated Adjusted Net Worth

  • 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”).

  • 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.

  • 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.

  • Consolidated or consolidated With reference to any term defined herein, shall mean that term as applied to the accounts of the Borrower and its Subsidiaries, consolidated in accordance with GAAP.

  • 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 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

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Minimum Consolidated Tangible Net Worth (a) Prior to consummation of the Merger, the Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (i) $788,000,000.00 plus (ii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.

  • Consolidated Debt Service Coverage Ratio Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25:1.00.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

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