Common use of Consolidated Adjusted Net Worth Clause in Contracts

Consolidated Adjusted Net Worth. The Company will not at any time permit Consolidated Adjusted Net Worth to be less than the sum of (a) $235,000,000, plus (b) an aggregate amount equal to 50% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal quarter beginning with the fiscal quarter ended September 30, 2003.

Appears in 2 contracts

Samples: Note Purchase Agreement (Teletech Holdings Inc), Note Purchase Agreement (Teletech Holdings Inc)

AutoNDA by SimpleDocs

Consolidated Adjusted Net Worth. The Company will not not, at any time time, permit Consolidated Adjusted Net Worth to be less than the sum of (ai) $235,000,000, 220,000,000 plus (bii) an aggregate amount equal to 5025% of its Consolidated Net Income (but, in each case, only if positive) on a positive number) cumulative basis for each completed fiscal quarter beginning with the fiscal quarter ended September 30ending after January 1, 20032005."

Appears in 1 contract

Samples: Note Purchase Agreement (Proquest Co)

Consolidated Adjusted Net Worth. The Company will not not, at any time time, permit Consolidated Adjusted Net Worth to be less than the sum of (a) $235,000,00070,000,000, plus (b) an aggregate amount equal to 5025% of its aggregate Consolidated Net Income (but, in each case, but only if a positive number) for each the period beginning on January 1, 2004 ending at the end of the then most recently completed fiscal quarter beginning with the fiscal quarter ended September 30, 2003quarter.

Appears in 1 contract

Samples: Note Purchase Agreement (Nn Inc)

Consolidated Adjusted Net Worth. The Company will not not, at any time time, permit Consolidated Adjusted Net Worth to be less than the sum of (ai) $235,000,000, 220,000,000 plus (bii) an aggregate amount equal to 5025% of its Consolidated Net Income (but, in each case, only if positive) on a positive number) cumulative basis for each completed fiscal quarter beginning with the fiscal quarter ended September 30ending after January 1, 20032005.

Appears in 1 contract

Samples: Proquest Co

AutoNDA by SimpleDocs

Consolidated Adjusted Net Worth. The Company will not not, at any time time, permit Consolidated Adjusted Net Worth to be less than the sum of (ai) $235,000,000, 85,000,000 plus (bii) an aggregate amount equal to 5025% of its Consolidated Net Income (but, in each case, only if positive) on a positive number) cumulative basis for each completed fiscal quarter beginning with the fiscal quarter ended September 30ending after June 29, 20032002.

Appears in 1 contract

Samples: Purchase Agreement (Proquest Co)

Consolidated Adjusted Net Worth. The Company will not not, at any time time, permit Consolidated Adjusted Net Worth to be less than the sum of (a) $235,000,00050,000,000, plus (b) an aggregate amount equal to 5025% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal quarter beginning with the fiscal quarter ended September 30October 31, 20031998.

Appears in 1 contract

Samples: Note Purchase Agreement (Oil Dri Corporation of America)

Time is Money Join Law Insider Premium to draft better contracts faster.