Common use of Maintenance of Consolidated Net Worth Clause in Contracts

Maintenance of Consolidated Net Worth. Permit the Consolidated Net Worth of Holdings on the last day of any Fiscal Quarter to be less than the sum of (i) $124,848,000 plus (ii) the amount equal to 50% of the aggregate Consolidated Net Income of Holdings from and after December 31, 1999 (provided that in the event that Holdings has a Consolidated Net Loss for any Fiscal Quarter, Consolidated Net Income for purposes only of this Section 9.4 shall be deemed to be zero for such Fiscal Quarter), plus, (iii) the amount equal to 100% of the net cash proceeds received by Holdings after the Closing Date from the sale or issuance of its Capital Stock or cash capital contributions received by Holdings.

Maintenance of Consolidated Net Worth. Permit the Consolidated Net Worth of Holdings the Company on the last day of any Fiscal Quarter to be less than the sum of (i) $124,848,000 97.500,000 plus (ii) the amount equal to 50% of the aggregate Consolidated Net Income of Holdings the Company from and after December March 31, 1999 2001 (provided that in the event that Holdings the Company has a Consolidated Net Loss for any Fiscal Quarter, Consolidated Net Income for purposes only of this Section 9.4 shall be deemed to be zero for such Fiscal Quarter), plus, (iii) the amount equal to 100% of the net cash proceeds received by Holdings the Company after the Closing Date from the sale or issuance of its Capital Stock or cash capital contributions received by Holdingsthe Company.

Maintenance of Consolidated Net Worth. Permit the Consolidated Net Worth of Holdings Borrower on the last day of any Fiscal Quarter to be less than the sum of (i) $124,848,000 114,750,000 plus (ii) the amount equal to 50% of the aggregate Consolidated Net Income of Holdings Borrower from and after December March 31, 1999 2001 (provided that in the event that Holdings Borrower has a Consolidated Net Loss for any Fiscal Quarter, Consolidated Net Income for purposes only of this Section 9.4 shall be deemed to be zero for such Fiscal Quarter), plus, (iii) the amount equal to 100% of the net cash proceeds received by Holdings Borrower after the Closing Date from the sale or issuance of its Capital Stock or cash capital contributions received by Holdings.Borrower. ARTICLE X

Maintenance of Consolidated Net Worth. Permit the Consolidated Net Worth of Holdings on the last day of any Fiscal Quarter to be less than the sum of (i) $124,848,000 plus (ii) the amount equal to 50% of the aggregate Consolidated Net Income of Holdings from and after December 31, 1999 (provided that in the event that Holdings has a Consolidated Net Loss for any Fiscal Quarter, Consolidated Net Income for purposes only of this Section 9.4 shall be deemed to be zero for such Fiscal Quarter), plus, (iii) the amount equal to 100% of the net cash proceeds received by Holdings after the Original Closing Date from the sale or issuance of its Capital Stock or cash capital contributions received by Holdings.