Minimum Net Worth definition

Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.
Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Borrower as of the end of such Fiscal Quarter pursuant to Section 6.13.
Minimum Net Worth means Seven Hundred Million Dollars ($700,000,000).

Examples of Minimum Net Worth in a sentence

  • The Borrower will at all times keep and maintain Consolidated Net Worth at an amount not less than the Minimum Net Worth.

  • Required Minimum Net Worth — measures the minimum net worth required in financial agreements.

  • Required Minimum Net Worth - measures the minimum net worth required in financing agreements.

  • Borrower will maintain a Net Worth of not less than the Minimum Net Worth.

  • Borrower will at all times maintain a net worth of at least the amount set forth in Section 8(b) of Schedule A as the Minimum Net Worth Requirement.


More Definitions of Minimum Net Worth

Minimum Net Worth means Fifteen Billion U.S. Dollars ($15,000,000,000).
Minimum Net Worth shall have the meaning provided in Section 5.16.
Minimum Net Worth means at any time shareholders equity in an amount not less than 3% of the aggregate Capital at such time.
Minimum Net Worth has the meaning set forth in Section 2(j) below.
Minimum Net Worth means $27,800,000, plus cumulative quarterly increases equal to fifty percent (50%) of Borrower's net income for all fiscal quarters ending on or after July 31, 1999, excluding any adjustments thereto for losses, plus all amounts contributed to Borrower as equity at any time after September 1, 1999.
Minimum Net Worth means $970,300,0001 plus 50% of equity contributions after March 31, 2019, excluding unrealized gains and losses; provided that on each March 31, commencing March 31, 2020, if 80% of the consolidated net worth of the Borrower and its Subsidiaries, calculated in accordance with GAAP, is greater than the Minimum Net Worth, the Minimum Net Worth shall be increased to such greater amount. SECTION 6.03.
Minimum Net Worth means a Net Worth of not less than $500,000,000.