Common use of Maintenance of Net Worth Clause in Contracts

Maintenance of Net Worth. The Borrower will not permit Consolidated Net Worth at any time to be less than the sum of (i) $110,000,000, plus (ii) 90% of positive Consolidated Net Income earned during each fiscal year, commencing with the fiscal year ending on October 3, 2008, plus (iii) 75% of the net cash proceeds resulting from any issuance of capital stock by the Borrower.

Maintenance of Net Worth. The Borrower will not permit Permit, as of the end of any fiscal quarter during any fiscal year of the Borrower, Consolidated Net Worth at any time to be less than the sum of (ix) $110,000,000, 290,000,000 plus (iiy) 9075% of positive Consolidated Net Income earned during each fiscal yearsince December 31, commencing with the fiscal year ending on October 3, 2008, 2002 plus (iiiz) 75% Net Cash Proceeds from the sale of Capital Stock of the net cash proceeds resulting from any issuance of capital stock by the BorrowerBorrower on a cumulative basis after December 31, 2002.

Maintenance of Net Worth. The Borrower will not permit Consolidated Net Worth at any time to be less than the sum of (i) $110,000,000144,262,000, plus (ii) 9050% of positive Consolidated Net Income earned during in each fiscal year, commencing with the fiscal year ending on October 3after September 29, 20082006, plus (iii) 75% of the net cash proceeds resulting from any issuance of capital stock by the Borrower.

Maintenance of Net Worth. The Borrower will not permit Consolidated Net Worth at any time to be less than the sum of (i) $110,000,000153,314,000, plus (ii) 9050% of positive Consolidated Net Income earned during in each fiscal year, commencing with the fiscal year ending on October 3September 29, 2008, plus (iii) 75% of the net cash proceeds resulting from any issuance of capital stock by the Borrower.