Maintenance of Consolidated Tangible Net Worth. The Company shall not, on the Issue Date (after giving effect to the issuance of the Notes) or at the end of any Fiscal Quarter thereafter, permit its Consolidated Tangible Net Worth to be less than the Consolidated Tangible Net Worth Threshold. The “Consolidated Tangible Net Worth Threshold” shall be equal to $50.0 million from the Issue Date until the first annual anniversary thereof, and at each annual anniversary of the Issue Date shall increase by an amount equal to $5.0 million.
Appears in 4 contracts
Samples: Notes Purchase Agreement (China Security & Surveillance Technology, Inc.), Indenture (China Security & Surveillance Technology, Inc.), Indenture (China Security & Surveillance Technology, Inc.)
Maintenance of Consolidated Tangible Net Worth. The Company shall not, on the Issue Date (after giving effect to the issuance of the Notes) or at the end of any Fiscal Quarter thereafter, permit its Consolidated Tangible Net Worth to be less than the Consolidated Tangible Net Worth Threshold. The “Consolidated Tangible Net Worth Threshold” shall be equal to $50.0 25.0 million from the Issue Date until the first annual anniversary thereof, and at each annual anniversary of the Issue Date shall increase by an amount equal to $5.0 10.0 million.
Appears in 2 contracts
Samples: Indenture (Fushi International Inc), Indenture (Fushi International Inc)
Maintenance of Consolidated Tangible Net Worth. The Company shall not, on the Issue Date (after giving effect to the issuance of the Notes) or at the end of any Fiscal Quarter thereafter, permit its Consolidated Tangible Net Worth to be less than the Consolidated Tangible Net Worth Threshold. The “Consolidated Tangible Net Worth Threshold” shall be equal to $50.0 60 million from the Issue Date until the first annual anniversary thereof, and at each annual anniversary of the Issue Date shall increase by an amount equal to $5.0 10 million.
Appears in 1 contract
Samples: Indenture (American Dairy Inc)
Maintenance of Consolidated Tangible Net Worth. The Company shall not, on the Issue Date June 1, 2007 (after giving effect to the issuance of the Notes) or at the end of any Fiscal Quarter thereafter, permit its Consolidated Tangible Net Worth to be less than the Consolidated Tangible Net Worth Threshold. The “Consolidated Tangible Net Worth Threshold” shall be equal to $50.0 60 million from the Issue Date June 1, 2007 until the first annual anniversary thereof, and at each annual anniversary of the Issue Date shall increase by an amount equal to $5.0 10 million.
Appears in 1 contract
Samples: Indenture (American Dairy Inc)
Maintenance of Consolidated Tangible Net Worth. The Company shall not, on the Issue Date (after giving effect to the issuance of the Notes) or at the end of any Fiscal Quarter fiscal quarter thereafter, permit its Consolidated Tangible Net Worth to be less than the Consolidated Tangible Net Worth Threshold. The “"Consolidated Tangible Net Worth Threshold” " shall be equal to $50.0 25.0 million from the Issue Date until the first annual anniversary thereof, and at each annual anniversary of the Issue Date shall increase by an amount equal to $5.0 10.0 million.
Appears in 1 contract
Samples: Indenture (Harbin Electric, Inc)
Maintenance of Consolidated Tangible Net Worth. The Company shall not, on the Issue Date (after giving effect to the issuance of the Notes) or at the end of any Fiscal Quarter thereafter, permit its Consolidated Tangible Net Worth to be less than the Consolidated Tangible Net Worth Threshold. The “Consolidated Tangible Net Worth Threshold” shall be equal to $50.0 150.0 million from the Issue Date until the first annual anniversary thereof, and at each annual anniversary of the Issue Date shall increase by an amount equal to $5.0 50.0 million.
Appears in 1 contract
Samples: Indenture (China Security & Surveillance Technology, Inc.)
Maintenance of Consolidated Tangible Net Worth. The Company shall not, on the Issue Date (after giving effect to the issuance of the Notes) or at the end of any Fiscal Quarter thereafter, permit its Consolidated Tangible Net Worth to be less than the Consolidated Tangible Net Worth Threshold. The “Consolidated Tangible Net Worth Threshold” shall be equal to $50.0 20 million from the Issue Date until the first annual anniversary thereof, and at each annual anniversary of the Issue Date shall increase by an amount equal to $5.0 10 million.
Appears in 1 contract
Samples: Indenture (China Shen Zhou Mining & Resources, Inc.)
