Common use of Consolidated Net Worth Clause in Contracts

Consolidated Net Worth. The Borrower will not permit Consolidated Net Worth as at the last day of any fiscal quarter of the Borrower to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter.

Consolidated Net Worth. The Borrower will Borrowers shall not permit Consolidated Net Worth Worth, calculated as at of the last day of any fiscal quarter of the Borrower quarter, to be less than the sum of (aA) $261,000,000, plus 3,672,200,000 and (bB) 15an amount equal to 50% of its aggregate Consolidated Net Income the net cash proceeds received from the issuance and sale of Equity Interests of AHL or any Subsidiary after the date of this Agreement (but only if other than the issuance to a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafterBorrower or any Subsidiary).

Consolidated Net Worth. The Borrower will not permit Consolidated Net Worth as at the last day of any fiscal quarter of the Borrower time to be less than the sum of (a) $261,000,000123,000,000 plus, plus (b) 15on a cumulative basis, 50% of its aggregate positive Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereaftersubsequent to the fiscal quarter ended July 2, 2000 (with no deduction for any quarter in which there is a net loss).

Consolidated Net Worth. The Borrower Borrowers will not permit Consolidated Net Worth as at the last day of any fiscal quarter of the Borrower time to be less than $316,000,000 plus fifty percent (50%) of the sum of (a) $261,000,000, plus (b) 15% of its aggregate Borrowers’ Consolidated Net Income for the final fiscal quarter of 2005 and for each fiscal year thereafter (but only if without deduction for any fiscal year in which Consolidated Net Income is a positive number) for negative amount), with the period beginning April 1annual adjustments to be applicable as of December 31, 1998 2005 and ending at as of the end of each subsequent fiscal quarter thereafteryear.

Consolidated Net Worth. The Borrower will not permit Consolidated Net Worth as at of the last day of any each fiscal quarter of the Borrower to be less than the sum sum, without duplication, of (ai) $261,000,000185,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter.plus

Consolidated Net Worth. The Borrower will shall not permit Consolidated Net Worth as at on the last day of any fiscal quarter of the Borrower after September 30, 2020 to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter4,167,800,000.

Consolidated Net Worth. The Borrower will not permit Consolidated Net Worth as at the last day As of any fiscal quarter of the Borrower to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter.quarter, Borrower will not permit its Consolidated Net Worth to be less than $275,000,000, plus the Net Worth Adjustment;

Consolidated Net Worth. The Borrower will shall not permit Consolidated Net Worth as at on the last day of any fiscal quarter of the Borrower after March 31, 2023 to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter3,047,000,000.

Consolidated Net Worth. The Borrower will not permit Consolidated Net Worth as at of the last day of any fiscal quarter of the Borrower to be less than the sum of Four Hundred Twenty Five Million Dollars (a$425,000,000) $261,000,000, plus (b) 15an amount equal to 100% of the net proceeds to the Borrower of any issuances of its aggregate Consolidated Net Income (but only if a positive number) for Capital Stock occurring on or after the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafterSecond Restatement Closing Date.

Consolidated Net Worth. The Borrower will not permit Consolidated Net Worth as at of the last day of any fiscal quarter of ending prior to the Borrower Maturity Date under this Agreement to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter260,000,000.

Consolidated Net Worth. The Borrower will not permit its Consolidated Net Worth Worth, calculated as at of the last day of any each fiscal quarter of the Borrower quarter, to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter15,000,000,000.

Consolidated Net Worth. The Borrower will not permit Consolidated Net Worth as at of the last day of any fiscal quarter of the Borrower to be less than 85% of the sum Consolidated Net Worth as of (a) $261,000,000September 30,2003, plus (b) 15100% of its aggregate Consolidated Net Income (but only if a positive numberpositive) of the Borrower and its Subsidiaries for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafterafter September 30, 2003, plus 100% of all Equity Issuances or other capital investments less any Allowable Tax Distributions, less any other distributions or payments permitted in accordance with SECTION 11.6.

Consolidated Net Worth. The Borrower will shall not permit Consolidated Net Worth as at on the last day of any fiscal quarter of the Borrower after March 31, 2016 to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter3,212,000,000.

Consolidated Net Worth. The Borrower will not permit Consolidated Net Worth as at of the last day of any fiscal quarter, beginning with the fiscal quarter of the Borrower ending December 31, 1999, to be less than the sum of Four Hundred Twenty Five Million Dollars (a$425,000,000) $261,000,000, plus (b) 15an amount equal to 100% of the net proceeds to the Borrower of any issuances of its aggregate Consolidated Net Income (but only if a positive number) for Capital Stock during the period beginning April 1, 1998 and ending at the end term of each fiscal quarter thereafterthis Agreement.

Consolidated Net Worth. The Borrower will shall not permit Consolidated Net Worth as at to be less than $4,500,000,000 on the last day of any fiscal quarter during the term of the Borrower to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafterthis Agreement.

Consolidated Net Worth. The Borrower will not permit the Consolidated Net Worth Worth, calculated as at of the last day of any fiscal quarter of the Borrower quarter, to be less than the sum of (ai) $261,000,000, plus (b) 15the amount equal to 65% of its aggregate Consolidated Net Worth as of the most recent fiscal quarter ended prior to the Closing Date, (ii) 50% of Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter(if positive) ended after 50 ​ ​ ​ the Closing Date and (iii) 50% of the aggregate net cash proceeds of all issuances by the Borrower of shares of its capital stock from and after the Closing Date.

Consolidated Net Worth. The Borrower will shall not permit Consolidated Net Worth as at on the last day of any fiscal quarter of the Borrower after September 30, 2012 to be less than the sum of (a) $261,000,000, plus (b) 15% of its aggregate Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter2,625,000,000.

Consolidated Net Worth. The Borrower Borrowers will not permit Consolidated Net Worth as at the last day end of any fiscal quarter of the Borrower to be less than the sum of (a) $261,000,000, 442,000,000 plus (b) 15% on a cumulative basis, fifty percent (50%) of its aggregate positive Consolidated Net Income (but only if a positive number) for the period beginning April 1, 1998 and ending at the end of each fiscal quarter thereafter.beginning with the fiscal quarter ended September 30, 2003, plus

Consolidated Net Worth. The Borrower will not permit its Consolidated Net Worth as at on the last day of any fiscal quarter of the Borrower to be less than (i) 80% of Consolidated Net Worth on the sum of (a) $261,000,000, Original Effective Date plus (bii) 1550% of its aggregate cumulative Consolidated Net Income (but only if a positive numberpositive) for the period beginning April period, commencing on January 1, 1998 2008 and ending at on the end last day of each such fiscal quarter thereafterplus (iii) 100% of the face amount of any equity interests issued by the Borrower after the Original Effective Date.

Consolidated Net Worth. The Borrower will not permit its Consolidated Net Worth as at on the last day of any fiscal quarter of the Borrower to be less than (i) 80% of Consolidated Net Worth on the sum of (a) $261,000,000, Effective Date plus (bii) 1550% of its aggregate cumulative Consolidated Net Income (but only if a positive numberpositive) for the period beginning April period, commencing on January 1, 1998 2008 and ending at on the end last day of each such fiscal quarter thereafterplus (iii) 100% of the face amount of any equity interests issued by the Borrower after the Effective Date.