Common use of Minimum Tangible Clause in Contracts

Minimum Tangible. Net Worth The Guarantor shall maintain a Consolidated Tangible Net Worth of not less than $500,000,000 plus (a) 25% of the Guarantor's cumulative, positive consolidated net income for each fiscal quarter commencing on or after 31 December 2013 and (b) 50% of the value of the equity proceeds realized from any issuance of equity interests in the Guarantor occurring on or after 31 December 2013.

Minimum Tangible. Net Worth The Guarantor shall maintain a Consolidated Tangible Net Worth of the Guarantor shall not on any date be less than $500,000,000 US$1,250,000,000 plus (a) 2540% of Cumulative Net Income as of the Guarantor's cumulative, positive consolidated net income for each last day of the fiscal quarter commencing on or after 31 December 2013 and of the Guarantor most recently ended (bbeing June 30, 2000) 50plus 40% of the value Cumulative Equity Proceeds as of the equity proceeds realized from any issuance such date of equity interests in the Guarantor occurring on or after 31 December 2013determination.

Minimum Tangible. Net Worth The Guarantor shall maintain a Consolidated Tangible Net Worth of not less than $500,000,000 677,286,768 plus (a) 25% of the Guarantor's cumulative, positive consolidated net income for each fiscal quarter commencing on or after 31 December 1 October 2013 and (b) 50% of the value of the equity proceeds realized from any issuance of equity interests in the Guarantor occurring on or after 31 December 1 October 2013.

Minimum Tangible. Net Worth The Guarantor shall maintain a Consolidated Tangible Net Worth of not less than $500,000,000 677,286,768 plus (a) 25% of the Guarantor's cumulative, positive consolidated net income for each fiscal quarter commencing on or after 31 December from 1 October 2013 onwards and (b) 50% of the value of the equity proceeds realized from any issuance of equity interests in the Guarantor occurring on or after 31 December 1 October 2013.

Minimum Tangible. Net Worth The Guarantor shall maintain a Consolidated Tangible Net Worth of not less than $500,000,000 1,000,000,000 plus (a) 25% of the Guarantor's cumulative, positive consolidated net income for each fiscal quarter commencing on or after 31 December 2013 1 January 2016 and (b) 50% of the value of the equity proceeds realized from any issuance of equity interests in the Guarantor occurring on or after 31 December 20131 January 2016.