Consolidated Net Worth Sample Clauses

Consolidated Net Worth. Permit Consolidated Net Worth at any time to be less than the sum of (i) $485,000,000, (ii) an amount equal to 50% of the Consolidated Net Income earned in each full fiscal quarter ending after the fiscal quarter ended June 30, 2004 (with no deduction for a net loss in any such fiscal quarter) and (iii) an amount equal to 100% of the aggregate increases in Shareholders' Equity of the Company and its Subsidiaries after the Closing Date by reason of the issuance and sale of Equity Interests of the Company or any Subsidiary (other than issuances to the Company or a wholly-owned Subsidiary of the Company), including upon any conversion of debt securities of the Company into such Equity Interests.
Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to be less than the sum of (a) $45,000,000, plus (b) an aggregate amount equal to 30% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal quarter subsequent to December 3, 1995.
Consolidated Net Worth. Permit Consolidated Net Worth at any time to be less than (i) $75,000,000 from the Closing Date through the end of the fiscal month of the Borrower ending February 27, 2000; (ii) $70,000,000 from February 28, 2000 to the last day of the fiscal quarter of the Borrower ending April 2, 2000 and (iii) as at the last day of each succeeding fiscal quarter of the Borrower after the fiscal quarter of the Borrower ending April 2, 2000 and until (but excluding) the last day of the next following fiscal quarter of the Borrower, the sum of (A) the amount of Consolidated Net Worth required to be maintained pursuant to this Section 8.1(a) as at the end of the immediately preceding fiscal quarter, plus (B) 75% of Consolidated Net Income (with no reduction for net losses during any period) for the fiscal quarter of the Borrower ending on such day (including within "Consolidated Net Income" certain items otherwise excluded, as provided for in the definition of "Consolidated Net Income"), plus (C) 100% of the aggregate amount of all increases in the stated capital and additional paid-in capital accounts of the Borrower resulting from any Capital Markets Transactions.
Consolidated Net Worth. Permit Consolidated Net Worth at any time to be less than the sum of $160,500,000, increased on a cumulative basis as of the end of each fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31, 2006 by an amount equal to 50% of Consolidated Net Income (with no deductions for net losses) for the fiscal quarter then ended plus 100% of the amount of all Equity Issuances after the Closing Date that increase consolidated shareholders’ equity.
Consolidated Net Worth. The Borrower will not permit its Consolidated Net Worth at any time to be less than an amount equal to the sum of (i) $485,216,000, plus (ii) as of the end of each Fiscal Quarter, 50% of the positive cumulative Consolidated Net Income, commencing with the Fiscal Quarter ending June 30, 2006; plus (iii) 100% of the amount by which the Borrower’s “total stockholdersequity” is increased as a result of any public or private offering of Capital Stock of the Borrower after the March 31, 2006. Promptly upon the consummation of such offering, the Borrower shall notify the Administrative Agent in writing of the amount of such increase in “total stockholders’ equity”.
Consolidated Net Worth. The Borrower shall maintain a Consolidated Net Worth of not less than $600,000,000 plus ninety percent (90%) of the equity contributions or sales of treasury stock received by the Borrower after the Agreement Execution Date.
Consolidated Net Worth. Permit Consolidated Net Worth at any time to be less than the sum of (i) $280,000,000 less the gross purchase price of the repurchase of Limited's common shares made in June 2004 and July 2004 not to exceed $25,000,000 in aggregate amount, (ii) an amount equal to 40% of the Consolidated Net Earnings of each full fiscal quarter ending after February 29, 2004 (with no deduction for a net loss in any such fiscal quarter), (iii) an amount equal to 100% of the aggregate increases in Shareholders' Equity of Limited and its Subsidiaries after the date hereof by reason of the issuance and sale of Equity Interests of Limited or any Subsidiary (other than issuances to Limited or a wholly-owned Subsidiary), including upon any conversion of debt securities of Limited into such Equity Interests, and (iv) 100% of the net worth of any Person that becomes a Subsidiary or substantially all of the assets of which are acquired by Limited or any Subsidiary to the extent the purchase price therefor is paid in Equity Interests of Limited or any Subsidiary or pursuant to the conversion or exchange of any convertible subordinated debt or redeemable preferred stock into Equity Interests of Limited or any Subsidiary.
Consolidated Net Worth. The Borrower shall maintain a Consolidated Net Worth as of the end of each fiscal quarter in an amount at least equal to $480,000,000 minus the amount of Capital Stock of the Borrower repurchased by the Borrower subsequent to the Closing Date in accordance with Section 6.16, plus (on a cumulative basis as of the end of each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending June 30, 2002) an amount equal to (i) the Net Proceeds of all Equity Issuances issued by the Borrower after the Closing Date plus (ii) seventy-five percent (75%) of the amount of net income for the fiscal quarter then ended, without adjustment for net losses.
Consolidated Net Worth. Borrower will at the end of each fiscal quarter maintain Consolidated Net Worth in an amount of not less than the sum of (i) $625,000,000 plus (ii) fifty percent (50%) of the aggregate Consolidated Net Income, if positive, for the period beginning January 1, 2005 and ending on the last day of such fiscal quarter.
Consolidated Net Worth. MetLife will not permit its Consolidated Net Worth, calculated as of the last day of each fiscal quarter, to be less than $29,000,000,000.