Minimum Consolidated Adjusted Tangible Net Worth. On the Effective Date, the Sellers’ Consolidated Adjusted Tangible Net Worth is not less than $400 million.
Minimum Consolidated Adjusted Tangible Net Worth. The Sellers shall maintain a Consolidated Adjusted Tangible Net Worth of at least $275 million.”
Minimum Consolidated Adjusted Tangible Net Worth. Section 9.3(A) is amended in its entirety to read as follows:
Minimum Consolidated Adjusted Tangible Net Worth. Maintain at all times within each of the following periods, a Consolidated Adjusted Tangible Net Worth of not less than the amount shown below for the period corresponding thereto: Period Amount ------ ------ June 30, 1996 through and including September 29, 1996 ($1,000,000) September 30, 1996 through and including December 30, 1996 ($100,000) December 31, 1996 through and including March 30, 1997 $200,000 March 31, 1997 through and including June 29, 1997 $300,000 June 30, 1997 through and including September 29, 1997 $1,300,000 September 30, 1997 through and including December 30, 1997 $2,200,000 December 31, 1997 through and including March 30, 1998 $2,500,000 March 31, 1998 through and including June 29, 1998 $2,600,000 June 30, 1998 through and including September 29, 1998 $3,600,000 September 30, 1998 through and including December 30, 1998 $4,500,000 December 31, 1998 through and including March 30, 1999 $4,800,000 March 31, 1999 through and including each fiscal quarter thereafter $4,900,000
Minimum Consolidated Adjusted Tangible Net Worth. The Sellers shall maintain a Consolidated Adjusted Tangible Net Worth of at least $365 million.”
Minimum Consolidated Adjusted Tangible Net Worth. The Credit Parties shall not permit Consolidated Adjusted Tangible Net Worth as of each of the dates set forth below to be less than the correlative amount indicated: Minimum Consolidated DATE Adjusted Tangible Net Worth February 29, 1996 $20,752,000 May 31, 1996 $20,000,000 August 31, 1996 $20,311,000 November 30, 1996 $21,343,000 February 28, 1997 $21,616,000 E. Subsection 7.6C of the Amended Loan Agreement is hereby amended by deleting such subsection and replacing it with the following:
Minimum Consolidated Adjusted Tangible Net Worth. (a) During the period commencing on the Closing Date and ending on December 1, 2002, maintain a Consolidated Adjusted Tangible Net Worth of not less than the amount shown below for the Fiscal Quarter ending on a date set forth below that corresponds thereto: Period Amount June 2, 2002 $ 13,000,000 September 1, 2002 $ 14,000,000 December 1, 2002 $ 15,000,000
Minimum Consolidated Adjusted Tangible Net Worth. Permit Consolidated Adjusted Tangible Net Worth as of the last day of any fiscal quarter of Holdings (commencing with the fiscal quarter ending June 30, 2017) to be less than $1,000,000,000.
Minimum Consolidated Adjusted Tangible Net Worth. WidePoint's Consolidated Adjusted Tangible Net Worth will not be less than $4,000,000.00, for the quarter ending December 31, 2017, and will not be less than $4,500,000.00 for each quarter thereafter, to be measured as of the last day of each quarter.
Minimum Consolidated Adjusted Tangible Net Worth. Consolidated Adjusted Tangible Net Worth will not at any date be less than the sum of (i) $130,000,000 plus (ii) the aggregate amount of increases to Consolidated Adjusted Tangible Net Worth attributable to the issuance of additional equity securities or receipt of capital contributions subsequent to September 30, 1991, and prior to such date plus (iii) after September 30, 1991, if positive, (x) 75% of Consolidated Adjusted Net Income from October 1, 1991 to September 30, 1993 (treated as a single accounting period) and (y) 50% of Consolidated Adjusted Net Income thereafter for the period from October 1, 1993 to such date (treated as a single accounting period) minus (iv) the aggregate amount that Consolidated Adjusted Tangible Net Worth is reduced as a result of repurchases of ESCO capital stock or the payment of any cash dividends to the holders of ESCO capital stock pursuant to clause (ii) or (iii) of Section 5.12, but only to the extent made in reliance upon the Restricted Payment Amount.
