Consolidated Tangible Net Worth Sample Clauses

Consolidated Tangible Net Worth. (i) The net worth of Seller and its consolidated subsidiaries, on a combined basis, determined in accordance with GAAP, minus (ii) all intangibles determined in accordance with GAAP (including goodwill, capitalized financing costs and capitalized administration costs but excluding originated and purchased mortgage servicing rights or retained residual securities) and any and all advances to, investments in and receivables held from affiliates; provided, however, that the non-cash effect (gain or loss) of any mark-to-market adjustments made directly to stockholdersequity for fluctuation of the value of financial instruments as mandated under the Statement of Financial Accounting Standards No. 133 (or any successor statement) shall be excluded from the calculation of Consolidated Tangible Net Worth.
Consolidated Tangible Net Worth. Permit Consolidated Tangible Net Worth, as of the last day of any fiscal quarter commencing with the Initial Compliance Date, to be less than the sum of (i) $1,400,772,000 (which amount is seventy-five percent (75%) of Consolidated Tangible Net Worth as of June 30, 2017) plus (ii) seventy-five percent (75%) of the Net Proceeds of all Equity Issuances by the Consolidated Parties after June 30, 2017.
Consolidated Tangible Net Worth. Not permit the Company's Consolidated Tangible Net Worth to be less than $2,750,000,000 minus, to the extent included in the calculation of Consolidated Tangible Net Worth, other comprehensive income of the Company and its Subsidiaries (or, in the case of a comprehensive income deficit, plus the amount of such deficit) plus 50% of (a) the cumulative net income (but without deduction for cumulative net losses) of the Company and its Subsidiaries since December 31, 2000 determined on a consolidated basis in accordance with United States of America generally accepted accounting principles, (b) the cumulative equity capital contributions from AIG since December 31, 2000 and (c) the net proceeds from the sale of preferred stock, in each case for the period from December 31, 2000 to and including the date of any determination hereunder.
Consolidated Tangible Net Worth. Permit Consolidated Tangible Net Worth to be, at the end of any Fiscal Quarter, less than an amount equal to (a) $1,731,507,000, plus (b) an amount equal to 50% of aggregate of the cumulative Consolidated Net Income for each Fiscal Quarter contained in the fiscal period commencing on September 1, 2005 and ending as of the last day of such Fiscal Quarter (provided that there shall be no reduction hereunder in the event of a consolidated net loss in any such Fiscal Quarter), plus (c) an amount equal to 50% of the cumulative net proceeds received by Borrower from the issuance of its capital stock subsequent to August 31, 2005.
Consolidated Tangible Net Worth. Permit Consolidated Tangible Net Worth as of the end of any fiscal quarter of the Borrower to be less than the sum of (i) $2,400,000,000.00, (ii) an amount equal to 50% of the Consolidated Net Income earned in each fiscal quarter ending after the date of this Agreement (with no deduction for a net loss in any such fiscal quarter), and (iii) an amount equal to 50% of the aggregate increases in Shareholders' Equity of the Borrower and its Subsidiaries after the date hereof by reason of the issuance and sale of Capital Stock of the Borrower (including upon any conversion of debt securities of the Borrower into such Capital Stock).
Consolidated Tangible Net Worth. The Borrower shall cause the Consolidated Tangible Net Worth as of the end of any fiscal quarter to be equal to or greater than the sum of (i) $1,644,768,000 plus (ii) an amount equal to 75% of the net cash proceeds received by the Consolidated Parties from Equity Transactions subsequent to March 31, 2014.
Consolidated Tangible Net Worth. The Borrower will not permit its Consolidated Tangible Net Worth to be less than $625,000,000.00 plus seventy-five percent (75%) of any Net Offering Proceeds from Equity Offerings received by the Borrower or the Trust after December 31, 2011 (except to the extent of any of such Net Offering Proceeds from an issuance of common equity or Preferred Equity of the Borrower or the Trust which are used to retire an existing issue of preferred equity of Borrower or the Trust, respectively).
Consolidated Tangible Net Worth. At the end of any fiscal quarter of Borrower, permit the Consolidated Tangible Net Worth to be less than an amount equal to the greater of (i) $85,000,000, or (ii) the sum of $85,000,000 plus 50% of Consolidated Net Income for the period commencing on December 31, 2000 and terminating at the end of the fiscal quarter most recently ended.
Consolidated Tangible Net Worth. The Collection Agent shall not permit the Consolidated Tangible Net Worth at any time to be less than the sum of (i) $980,000,000, (ii) an amount equal to 75% of the Consolidated Net Income earned in each full fiscal quarter ending after January 31, 2003 (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 Collection Agent and its Subsidiaries after May 2, 2003 by reason of the issuance and sale of capital stock or other equity interest of the Collection Agent or any Subsidiary (other than issuances to the Collection Agent or a wholly-owned Subsidiary), including upon any conversion of debt securities of the Collection Agent into capital stock or other equity interests.