Minimum Consolidated Sample Clauses

Minimum Consolidated. Tangible Net Worth in the Amendment to the Credit Agreement is modified to require the Company to maintain at least $48,300,000 of Consolidated Tangible Net Worth at January 30, 1999 and for each fiscal year thereafter, of not less than $48,300,000 plus 80% of each successive year's net income. However, during the fiscal year beginning February 1, 1999 and all periods thereafter, upon approval of the Company's Board of Directors and notification to Crestar, S & K Famous Brands may repurchase up to an additional $12,800,000 of its own stock. Any such repurchases shall reduce the minimum Consolidated Tangible Net Worth requirement by 90% of the value of the stock repurchased. The minimum Consolidated Net Worth will not be adjusted for any net loss reported by the Company. These revisions shall be incorporated into the Amendment to the Credit Agreement dated April 30, 1997 and the Credit Agreement dated March 10, 1994. I hope these modifications will give you the flexibility needed to implement your repurchase strategy. Thanks for allowing Crestar to meet the banking requirements of S & K. Please give me a call should you have any questions. Sincerely,
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Minimum Consolidated. GAAP Net Worth ----------------------------------- 1. Consolidated GAAP Net Worth as of the fiscal quarter ending ______________, _____. = _________________
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Minimum Consolidated. ADJUSTED EBITDA. For the four-fiscal quarter period ending on or about June 30, 1999, and for any four-fiscal quarter period thereafter ending as of the last day of any fiscal quarter of Borrower, Borrower shall not permit Consolidated Adjusted EBITDA for such period to be less than the correlative amount indicated for such period below: ----------------------------------------------------------------------------------------------------------- Period Ending as of the Last Day of Fiscal Quarter Ending in Minimum Consolidated Adjusted EBITDA ----------------------------------------------------------------------------------------------------------- June 1999 $ 2,250,000 ----------------------------------------------------------------------------------------------------------- September 1999 $ 4,175,000 ----------------------------------------------------------------------------------------------------------- December 1999 $ 7,050,000 ----------------------------------------------------------------------------------------------------------- March 2000 $ 10,400,000 ----------------------------------------------------------------------------------------------------------- June 2000 $ 13,400,000 ----------------------------------------------------------------------------------------------------------- September 2000 $ 15,750,000 ----------------------------------------------------------------------------------------------------------- December 2000 and each March, June, September and $ 20,000,000 December thereafter -----------------------------------------------------------------------------------------------------------
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Minimum Consolidated. ADJUSTED EBITDA. Lenders hereby waive compliance with the provisions of subsection 6.6F with respect to the Minimum Consolidated Adjusted EBITDA required for the Fiscal Year 1996; provided that Consolidated Adjusted EBITDA for such Fiscal Year is not less than $46,500,000.
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Minimum Consolidated. Adjusted Net Worth. Permit the Consolidated Adjusted Net Worth of the Company and its Consolidated Subsidiaries to be less than the applicable minimum amount set forth below as of the end of any of the fiscal quarters set forth below:
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Minimum Consolidated. REVENUES to ensure that in respect of each Three Month Period set out in column (1) Consolidated Revenues of the Group after having adjusted the Consolidated Revenues of the Group in respect of such Three Month Period as follows:
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Related to Minimum Consolidated

  • 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”).

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • 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.

  • 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 Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 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.

  • Maximum Consolidated Capital Expenditures Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year, in an aggregate amount for Holdings and its Subsidiaries in excess of $125,000,000; provided, such amount for any Fiscal Year shall be increased by an amount equal to the excess, if any (but in no event more than $62,500,000), of such amount for the immediately preceding Fiscal Year (with the above scheduled amount for any Fiscal Year being used prior to any amount carried over from the preceding Fiscal Year) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year; provided, further, so long as no Default shall have occurred and being continuing or would result therefrom, Holdings and its Subsidiaries may also make Consolidated Capital Expenditures in an amount not to exceed the Cumulative Growth Amount immediately prior to the making of such Consolidated Capital Expenditures (but the amount of Consolidated Capital Expenditures made from the Cumulative Growth Amount in any Fiscal Year shall not exceed 50% of the above scheduled amount of Consolidated Capital Expenditures that would have otherwise been permitted to made in such Fiscal Year pursuant to this Section 6.7(c)); and provided, further that for each Permitted Acquisition consummated in any Fiscal Year and, if consummated, the SDI Acquisition in the Fiscal Year ending December 31, 2011, the maximum amounts set forth above for such Fiscal Year and for every Fiscal Year thereafter shall be increased by an amount equal to 110% of the quotient obtained by dividing (A) the amount of Consolidated Capital Expenditures made by the acquired Person or business for the thirty-six month period immediately preceding the consummation of such Permitted Acquisition or SDI Acquisition as determined by the financial statements for such acquired Person or business by (B) three (3).

  • Minimum Cash A. Minimum daily balance of cash and Permitted Cash Equivalent Investments of Borrower and its Subsidiaries during the most recently ended fiscal quarter of Borrower: $

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