Minimum Consolidated Tangible Net Worth Sample Clauses

Minimum Consolidated Tangible Net Worth. (a) Prior to consummation of the Merger, the Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (i) $788,000,000.00 plus (ii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.
Minimum Consolidated Tangible Net Worth. Guarantor will not at any time permit its Consolidated Tangible Net Worth to be less than the sum of (i) $575,425,096.00 plus (ii) seventy-five percent (75%) of the sum of (A) any Net Offering Proceeds after the date hereof, plus (B) the value of interests in Guarantor or interests in REIT issued upon the contribution of assets to REIT, Guarantor or its Subsidiaries after the date hereof (with such value determined at the time of contribution).
Minimum Consolidated Tangible Net Worth. (Section 5.20) On and after the Second Amendment Effective Date, Consolidated Tangible Net Worth shall at no times be less than $200,000,000 plus the sum of (i) 50% of the cumulative Reported Net Income of the Borrower and its Consolidated Subsidiaries during any period after the Fiscal Quarter ended 12/31/00 (taken as one accounting period), calculated quarterly at the end of each Fiscal Quarter but excluding from such calculations of Reported Net Income for purposes of this clause (i), any Fiscal Quarter in which Reported Net Income of the Borrower and its Consolidated Subsidiaries is negative, (ii) 100% of the cumulative Reported Net Proceeds of Capital Stock received during any period after the Fiscal Quarter ended 12/31/00, calculated quarterly at the end of each Fiscal Quarter, and (iii) 100% of any equity resulting from the conversions of any Debt of the Borrower or its Consolidated Subsidiaries.
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth will at no time be less than $1,888,000,000.
Minimum Consolidated Tangible Net Worth. The Borrower's Consolidated Tangible Net Worth (less any gain or loss as a result of accumulated other comprehensive income, as defined by GAAP) shall at all times be at least $135,000,000, plus the sum of (i) 50% of the Reported Net Income of the Borrower and its consolidated Subsidiaries (to the extent positive) for the fiscal quarter ending December 31, 2002, and each fiscal quarter thereafter on a cumulative basis (taken as one accounting period), but excluding from such calculations of Reported Net Income for purposes of this clause (i) any fiscal quarter in which the Reported Net Income of the Borrower and its consolidated Subsidiaries is negative, and (ii) 100% of the cumulative Net Proceeds of Stock received during any period after June 29, 2002.
Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be less than the sum of (i) $1,188,928.00, plus (ii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the Closing Date.
Minimum Consolidated Tangible Net Worth. Maintain at all times a Consolidated Tangible Net Worth of not less than the sum of (aA) $1,149,979,129.00 plus (bB) an amount equal to 75% of the net cash proceeds of all issuances or sales of Equity Interests of the Parent Guarantor or any of its Subsidiaries consummated after September 30, 2018.
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth will at no time be less than an amount equal to the sum of (i) $136,000,000, (ii) an amount equal to 25% of Consolidated Net Income for each fiscal quarter ending after March 30, 1997 but before the date of determination, in each case, for which Consolidate Net Income is positive (but with no deduction on account of negative Consolidated Net Income for any fiscal quarter of the Borrower), and (iii) an amount equal to 50% of the aggregate net proceeds, including the fair market value of property other than cash (as determined in good faith by the Borrower's Board of Directors), received by the Borrower from the issuance and sale after the date hereof of any capital stock of the Borrower (other than the proceeds of any issuance and sale of any capital stock which capital stock does not result in an increase to Consolidated Net Worth in the determination thereof at any date) or in connection with the conversion or exchange of any Debt of the Borrower into capital stock of the Borrower after March 30, 1997.
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth shall not be less than the sum of (i) 80.0% of the Consolidated Tangible Net Worth on the Closing Date plus (ii) 80.0% of the cumulative Net Proceeds of Capital Securities/Conversion of Debt received after the Closing Date, calculated quarterly at the end of each Fiscal Quarter.
Minimum Consolidated Tangible Net Worth. The Consolidated Tangible Net Worth shall not be less than the sum of (x) $573,210,000.00 plus (y) seventy-five percent (75%) of the aggregate proceeds received by Parent Guarantor or any Borrower (net of reasonable and customary related fees and expenses and net of any intercompany contributions among Parent Guarantor and its Subsidiaries) in connection with any offering of stock or other Equity Interests of such Person (but excluding any such offering to Parent Guarantor or any of its Subsidiaries), on a cumulative basis, from and after March 31, 2017.