Common use of Minimum Consolidated Equity Clause in Contracts

Minimum Consolidated Equity. The Borrower shall, as of the last day of each of the fiscal quarters specified below, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Fiscal Quarter Ending Minimum Consolidated --------------------- -------------------- Equity ------ March 31, 2003 $40,000,000 June 30, 2003 $35,000,000 September 30, 2003 $30,000,000 December 31, 2003 $25,000,000

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

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Minimum Consolidated Equity. The Borrower If the Guarantor shall not have reported a cumulative tax benefit as of the last day of any fiscal quarter specified below, the Guarantor shall, as of the last day of each of the such fiscal quarters specified belowquarter, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Minimum Consolidated Fiscal Quarter Ending Minimum Consolidated Equity --------------------- -------------------- Equity ------ March 31, 2003 $40,000,000 87,882,000 June 30, 2003 $35,000,000 90,461,000 September 30, 2003 $30,000,000 94,751,000 December 31, 2003 and each fiscal quarter thereafter $25,000,00084,077,000

Appears in 1 contract

Samples: Master Amendment Agreement (Wabash National Corp /De)

Minimum Consolidated Equity. The If the Borrower shall not have reported a cumulative tax benefit as of the last day of any fiscal quarter specified below, the Borrower shall, as of the last day of each of the such fiscal quarters specified belowquarter, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Minimum Consolidated Fiscal Quarter Ending Minimum Consolidated Equity --------------------- -------------------- Equity ------ March 31, 2003 $40,000,000 87,882,000 June 30, 2003 $35,000,000 90,461,000 September 30, 2003 $30,000,000 94,751,000 December 31, 2003 $25,000,00084,077,000

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

Minimum Consolidated Equity. The Borrower Company shall, as of the last day of each of the fiscal quarters specified below, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Fiscal Quarter Ending Minimum Consolidated Equity --------------------- -------------------- Equity ------ --------------------------- March 31, 2003 $40,000,000 June 30, 2003 $35,000,000 September 30, 2003 $30,000,000 December 31, 2003 $25,000,000

Appears in 1 contract

Samples: Note Purchase Agreement (Wabash National Corp /De)

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Minimum Consolidated Equity. The Borrower If the Company shall not have reported a cumulative tax benefit as of the last day of any fiscal quarter specified below, the Company shall, as of the last day of each of the such fiscal quarters specified belowquarter, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Minimum Consolidated Fiscal Quarter Ending Minimum Consolidated Equity --------------------- -------------------- Equity ------ --------------------- March 31, 2003 $40,000,000 87,882,000 June 30, 2003 $35,000,000 90,461,000 September 30, 2003 $30,000,000 94,751,000 December 31, 2003 $25,000,00084,077,000

Appears in 1 contract

Samples: Note Purchase Agreement (Wabash National Corp /De)

Minimum Consolidated Equity. The Borrower If the Guarantor shall not have reported a cumulative tax benefit as of the last day of any fiscal quarter specified below, the Guarantor shall, as of the last day of each of the such fiscal quarters specified belowquarter, maintain Consolidated Equity at an amount not less than the applicable "Minimum Consolidated Equity" specified below: Fiscal Quarter Ending Minimum Consolidated --------------------- -------------------- Equity ------ March 31, 2003 $40,000,000 87,882,000 June 30, 2003 $35,000,000 90,461,000 September 30, 2003 $30,000,000 94,751,000 December 31, 2003 and each fiscal $25,000,00084,077,000 quarter thereafter

Appears in 1 contract

Samples: Master Amendment Agreement (Wabash National Corp /De)

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