Minimum Capitalization. The Offering will terminate if the Company has not received and accepted subscriptions for the Minimum Offering on or before the Minimum Offering Expiration Date.
Minimum Capitalization. (a) The Private Placement will terminate if the Company has not received and accepted subscriptions for the Minimum Offering for the Private Placement on or before the Minimum Offering Expiration Date for the Private Placement.
Minimum Capitalization. The Minimum Aggregate Funding Availability shall not be less than $100,000,000 and the Minimum Equity Capitalization shall not be less than $50,000,000.
Minimum Capitalization. The Loan Parties shall not at any time permit Consolidated Funded Debt to exceed fifty percent (50%) of Consolidated Capitalization.
Minimum Capitalization. Borrower shall have a minimum net worth of $5,000,000.
Minimum Capitalization. The Minimum Equity Capitalization shall not be less than $100,000,000.
Minimum Capitalization. (Section 8.2.20). As of the Report Date, the Consolidated Funded Debt is $__________ which does not exceed $___________ which is fifty percent (50%) of Consolidated Capitalization. Such amounts are computed as follows:
Minimum Capitalization. MascoTech shall not permit its Adjusted Net Worth at any time to be less than the sum of (a) $650,000,000 plus (b) sixty percent (60%) of (i) Net Income calculated separately for each fiscal year of MascoTech ending after the Closing Date minus (ii) the aggregate amount of dividends paid on any preferred stock of MascoTech during such period to the extent permitted by Section 7.15 minus (c) on or after March 31, 2002, $200,000,000; provided however, that if such Net Income is negative in any fiscal year, the amount added for such fiscal year shall be zero and such negative Net Income shall not reduce the amount of such Net Income added for any other fiscal year.
Minimum Capitalization. The Agent shall have received evidence in form and substance satisfactory to the Agent that as of the Closing Date, the sum of Consolidated Net Worth plus Subordinated Indebtedness equals an aggregate amount not less than $10,000,000.
Minimum Capitalization. A minimum Tangible Net Worth at all times of not less than the greater of (A) five million dollars ($5,000,000) and (B) the amount necessary to maintain compliance with the Borrowing Base.
