Common use of Maintenance of Net Worth Clause in Contracts

Maintenance of Net Worth. Permit Consolidated Net Worth at any time to be less than the sum of (i) $273,216,000 plus (ii) 50% of the sum of Consolidated Net Income (if positive) of the Borrower for each quarter ending after December 31, 1999.

Maintenance of Net Worth. Permit Consolidated Net Worth at the end of any time fiscal quarter ending after March 26, 1997 to be less than the sum of (i) One Hundred Seven Million and 00/100 Dollars ($273,216,000 107,000,000.00), plus (ii) 50% all Net Proceeds received by any Borrower upon the issuance, after the Closing Date, of any additional Capital Stock of such Borrower, plus (iii) Seventy-Five Percent (75%) of the sum of aggregate Consolidated Net Income (if positive) of the Borrower for each fiscal quarter ending after December 31, 1999the Closing Date.

Maintenance of Net Worth. Permit Consolidated Net Worth at as of the end of any time fiscal quarter during any fiscal year of the Borrower to be less than the sum of (i) $273,216,000 Consolidated Net Worth on December 31, 1997 plus (ii) 5075% of the sum of Consolidated Net Income since December 31, 1997 plus (if positiveiii) Net Cash Proceeds from the sale of Capital Stock of the Borrower for each quarter ending after December 31, 1999on a cumulative basis since the Original Closing Date.

Maintenance of Net Worth. Permit Consolidated Net Worth at as of the end of any time fiscal quarter during any fiscal year of the Borrower to be less than the sum of (i) $273,216,000 Consolidated Net Worth on December 31, 1997 plus (ii) 5075% of the sum of Consolidated Net Income since December 31, 1997 plus (if positiveiii) Net Cash Proceeds from the sale of Capital Stock of the Borrower for each quarter ending after December 31, 1999on a cumulative basis since the Closing Date.

Maintenance of Net Worth. Permit Consolidated Net Worth at as of the last day of any time fiscal quarter of the Borrower to be less than the sum of (i) $273,216,000 50,000,000 plus (ii) 50% of the sum of Consolidated Net Income (if positiveexcluding losses) for each full fiscal quarter which shall be completed following the Closing Date plus any increase in the consolidated stockholders' equity of the Borrower for each quarter ending after December 31, 1999and its Subsidiaries resulting from the issuance of Capital Stock by the Borrower or any of its Subsidiaries.

Maintenance of Net Worth. Permit Consolidated Net Worth at ------------------------ any time to be less than the sum of (i) $273,216,000 20,000,000 plus (ii) 50% of the sum of ---- Consolidated Net Income (if positive) for each fiscal year of the Borrower for each quarter ending on or after December 31April 2, 1999.