Common use of Minimum Consolidated Net Worth Clause in Contracts

Minimum Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to be less than the sum of (a) $500,000,000, plus (b) an aggregate amount equal to 25% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than the sum of US$11,250,000,000 (a) $500,000,000, plus (b) an aggregate amount equal to 25% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003“Minimum Amount”).

Minimum Consolidated Net Worth. The Company will not, at any time, not permit its Consolidated Net Worth at any time to be less than the sum of (a) $500,000,000, 800,000,000 plus (b) an aggregate amount equal to 2550% of its Consolidated Net Income Earnings (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31ending September 30, 20032013.”

Minimum Consolidated Net Worth. The Company will not, at any time, shall not permit Consolidated Net Worth at any time to be less than the sum of (a) $500,000,000, 350,000,000 plus (b) an aggregate amount equal to 2550% of its positive Consolidated Net Income Earnings (but, in each case, only if a positive numberany) for each completed fiscal year beginning with the fiscal year ended after December 31, 20031998 and, if financial statements therefor have been delivered pursuant to subsection 6.1(b), for the completed portion of the then-current fiscal year.

Minimum Consolidated Net Worth. The Company will not, at any time, Not permit Consolidated Net Worth at any time to be less than the sum of (ai) $500,000,000, plus 220,000,000 and (bii) an aggregate amount equal to 2550% of its the Consolidated Net Income (but, earned in each case, only if full Fiscal Quarter ending after the Closing Date (with no deduction for a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003net loss in any such Fiscal Quarter).

Minimum Consolidated Net Worth. The Company will not, at any time, permit Permit Consolidated Net Worth at any time to be less than the sum of (a) $500,000,000, plus 235,000,000 and (b) an aggregate amount equal to 2550% of its Consolidated Net Income (but, earned in each casefull Fiscal Quarter ending after June 30, only if 2003 (with no reduction for a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003net loss in any such Fiscal Quarter).

Minimum Consolidated Net Worth. The Company will not, at any time, not permit Consolidated Net Worth at any time to be less than the sum of (ai) $500,000,000, plus 550,000,000 and (bii) an aggregate amount equal to 25% of its Consolidated Net Income (butthe consolidated net income of the Company for all fiscal quarters ending on or after December 31, 1994 in each case, only if which consolidated net income is a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003.

Minimum Consolidated Net Worth. The Company will not, at any time, shall not permit the Consolidated Net Worth at the end of any fiscal quarter to be less than the sum greater of (ax) $500,000,000, plus 380 million and (by) an aggregate amount equal to 25% of the Company's shareholders' equity as shown on its Consolidated Net Income (but, in each case, only if a positive number) audited financial statements for each completed fiscal year beginning with the fiscal year ended December 31, 20031997.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to be less than the sum of (a) $500,000,000, 170,000,000 plus (b) an aggregate amount equal to 25% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended ending December 31, 20031996."

Minimum Consolidated Net Worth. The Company will not, at any time, not permit Consolidated Net Worth to be less less, at any date, than the sum of (ai) $500,000,0001,600,000,000, plus (bii) an aggregate amount equal to 2550% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with quarter of the fiscal year ended Company that shall have begun after December 31, 20031999 (excluding any fiscal quarter for which Consolidated Net Income is negative), and (iii) 50% of the amount by which Consolidated Net Worth is increased after December 31, 1999 as a result of issuances of equity securities by the Company.

Minimum Consolidated Net Worth. The Company will not, at any time, not ------------------------------ permit Consolidated Net Worth to be less less, at any date, than the sum of (ai) $500,000,0001,600,000,000, plus (bii) an aggregate amount equal to 2550% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with quarter of the fiscal year ended Company that shall have begun after December 31, 20031999 (excluding any fiscal quarter for which Consolidated Net Income is negative), and (iii) 50% of the amount by which Consolidated Net Worth is increased after the date hereof as a result of issuances of equity securities by the Company.

Minimum Consolidated Net Worth. The Company will not, at any time, shall not permit its Consolidated Net Worth at any time to be less than the sum of (a) $500,000,000, 950,000,000 plus (b) an aggregate amount equal to 25% fifty percent (50%) of its Consolidated Net Income (butif positive) calculated separately (x) on December 31, in each case1999 for the two fiscal quarter 109 period ending on December 31, only if a positive number1999 and (y) for each completed fiscal year beginning thereafter commencing with the fiscal year ended ending on December 31, 20032000.

Minimum Consolidated Net Worth. The Company will not, at any time, not permit Consolidated Net Worth at any time to be less than the sum of (a) $500,000,000, plus 125,000,000 and (b) an aggregate amount equal to 25if positive, 50% of its Consolidated Net Income (butfor the period from July 1, in each case, only if a positive number) for each completed 1996 through the last day of the most recent fiscal year beginning with the fiscal year ended December 31, 2003quarter ending prior to such time.

Minimum Consolidated Net Worth. The Company will not, at any time, Not permit the Consolidated Net Worth of the Company as of the last day of any Computation Period to be less than the sum of (ai) $500,000,00011,459,936 (Consolidated Net Worth as of December 31, 1999), plus (bii) an aggregate amount equal to 2550% of its the cumulative positive Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003Income.

Minimum Consolidated Net Worth. The Company will not, at any time, not permit the Consolidated Net Worth Worth, determined as of the end of each of its fiscal quarters ending after June 27, 2009, to be less than the sum of (ai) $500,000,000, 312,000,000 plus (bii) an aggregate amount equal to 2535% of its the Consolidated Net Income (but, in each case, only if a positive numberpositive) for each completed such fiscal year beginning with the fiscal year ended December 31, 2003quarter.

Minimum Consolidated Net Worth. The Company will not, at any time, not permit the Consolidated Net Worth Worth, determined as of the end of each of its fiscal quarters ending after December 31, 2011, to be less than the sum of (ai) $500,000,000, 375,000,000 plus (bii) an aggregate amount equal to 2535% of its the Consolidated Net Income (but, in each case, only if a positive numberpositive) for each completed such fiscal year beginning with the fiscal year ended December 31, 2003quarter.

Minimum Consolidated Net Worth. The Company will not, at any time, not ------------------------------- permit Consolidated Net Worth to be less less, at any date, than the sum of (ai) $500,000,0001,600,000,000, plus (bii) an aggregate amount equal to 2550% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with quarter of the fiscal year ended Company that shall have begun after December 31, 20031999 (excluding any fiscal quarter for which Consolidated Net Income is negative), and (iii) 50% of the amount by which Consolidated Net Worth is increased after the date hereof as a result of issuances of equity securities by the Company.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than the sum of (a) $500,000,000, plus (b) an aggregate amount equal to 25% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003US$13,500,000,000.

Minimum Consolidated Net Worth. The Company will not, at any time, shall not permit its Consolidated Net Worth at any time to be less than the sum of (a) $500,000,000, 950,000,000 plus (b) an aggregate amount equal to 25% fifty percent (50%) of its Consolidated Net Income (butif positive) calculated separately (x) on December 31, in each case1999 for the two fiscal quarter period ending on December 31, only if a positive number1999 and (y) for each completed fiscal year beginning thereafter commencing with the fiscal year ended ending on December 31, 20032000.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than the sum of (a) $500,000,000, plus (b) an aggregate amount equal to 25% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 200312,500,000,000.

Minimum Consolidated Net Worth. The Company will not, at any time, not permit Consolidated Net Worth at any time to be less than the sum of (ai) $500,000,000, plus 250,000,000 and (bii) an aggregate amount equal to 25% of its Consolidated Net Income (butthe consolidated net income of the Company for all fiscal quarters ending on or after December 31, 1990 in each case, only if which consolidated net income is a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003.

Minimum Consolidated Net Worth. The Company will not, not permit at any time, permit time Consolidated Net Worth to be less than the sum fall below $100,000,000 plus fifty percent (50%) of (a) $500,000,000, plus (b) an aggregate amount equal to 25% of its annual Consolidated Net Income (but, less 0% in the event of a loss) applied at the end of each case, only if a positive number) for each completed fiscal year beginning commencing with the fiscal year ended ending on December 31, 20031998.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to be less than the sum of (a) $500,000,000403,223,000, plus (b) an aggregate amount equal to 2550% of its aggregate Consolidated Net Income (but, in each case, but only if a positive number) for each completed fiscal year beginning with quarter of the fiscal year ended December 31Company at such time ending on or after September 30, 20032005.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to be less than the sum of (a) $500,000,000, 140,000,000 plus (b) an aggregate amount equal to 2550% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended ending after December 3126, 20031998."

Minimum Consolidated Net Worth. The Company will not, at any time, not permit its Consolidated Net Worth at any time to be less than the sum of (a) $500,000,000, 485,940,000 plus (b) an aggregate amount equal to 2550% of its Consolidated Net Income Earnings (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31ending September 30, 20032009.

Minimum Consolidated Net Worth. The Company will not, at any time, not permit Consolidated Net Worth at any time to be less than the sum of (ai) $500,000,000, plus 250,000,000 and (bii) an aggregate amount equal to 25% of its Consolidated Net Income (butthe consolidated net income of the Company for all fiscal quarters ending on or after December 31, 1990 in each case, only if which consolidated net income is a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003."

Minimum Consolidated Net Worth. The Company will not, at any time, not permit Consolidated Net Worth at any time to be less than the sum of (ai) $500,000,000, plus 82,000,000 and (bii) an aggregate amount equal to 2550% of its the Consolidated Net Income (butearned for each fiscal quarter beginning with the quarter ending March 31, in each case2001, only if to the extent such Consolidated Net Income for such quarter is a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003.

Minimum Consolidated Net Worth. The Company will not, at any time, not permit its Consolidated Net Worth at any time to be less than the sum of (a) $500,000,000, 425,000,000 plus (b) an aggregate amount equal to 2550% of its Consolidated Net Income Earnings (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31ending September 30, 20032008.

Minimum Consolidated Net Worth. The Company will not, at any time, not permit Consolidated Net Worth to be less less, at any date, than the sum of (ai) $500,000,0001,600,000,000, plus (bii) an aggregate amount equal to 2550% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with quarter of the fiscal year ended Company that shall have begun after December 31, 20031999 (excluding any 37 fiscal quarter for which Consolidated Net Income is negative), and (iii) 50% of the amount by which Consolidated Net Worth is increased after the date hereof as a result of issuances of equity securities by the Company.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to be less than the sum of (a) $500,000,000692,084,000, plus (b) an aggregate amount equal to 2550% of its aggregate Consolidated Net Income (but, in each case, but only if a positive number) for each completed fiscal year beginning with quarter of the fiscal year ended December 31Company at such time ending on or after September 30, 20032011.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to be less than the sum of (a) $500,000,000766,816,000, plus (b) an aggregate amount equal to 2550% of its aggregate Consolidated Net Income (but, in each case, but only if a positive number) for each completed fiscal year beginning with quarter of the fiscal year ended Company at such time ending on or after December 31, 20032012.

Minimum Consolidated Net Worth. The Company will not, at any time, not permit Consolidated Net Worth to be at any time less than (a) the sum of (ai) $500,000,000, 550,000,000 plus (bii) an aggregate amount equal to 25% of its Consolidated Net Income (but, in each case, but only if a positive number) for each the period beginning on January 1, 1999 and ending at the end of the then most recently completed fiscal year beginning with quarter of the fiscal year ended December 31Company, 2003minus (b) the amount of Trust Tax Benefits for such period.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to be less than the sum of (ai) $500,000,000232,022,366, plus (bii) an aggregate amount equal to 25% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003.an

Minimum Consolidated Net Worth. The Company Lessee Guarantor will not, at any time, permit Consolidated Net Worth to be less than the sum of (a) $500,000,000899,996,000, plus (b) an aggregate amount equal to 2550% of its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December ending after March 31, 20032003 and (c) an amount equal to 50% of the Net Proceeds of Equity Issuances after the Documentation Date.

Minimum Consolidated Net Worth. The Company will not, at any time, permit Consolidated Net Worth to will not at any time be less than the sum of (ai) $500,000,000, plus 609,400,000 and (bii) an aggregate amount equal to 2550% of the consolidated net income (if positive) of the Company and its Consolidated Net Income (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ended December 31, 2003.Consolidated