Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to be less than (i) $1,015,000,000, plus (ii) 70% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after December 31, 2005 (other than the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008.
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Samples: Credit Agreement (Capitalsource Inc), Credit Agreement (Capitalsource Inc), Credit Agreement (Capitalsource Inc)
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to be less than (i) $1,015,000,000, plus (ii) 70% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after December 31, 2005 (other than the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 20082005.
Appears in 3 contracts
Samples: Credit Agreement (Capitalsource Inc), Credit Agreement (Capitalsource Inc), Credit Agreement (Capitalsource Inc)
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to will at no time be less than (i) $1,015,000,000, 86,000,000 plus (ii) 7075% of the cumulative Net Proceeds of Capital StockSecurities/Conversion of Debt received at during any time period after December 31, 2005 (other than the period commencing on January 1, 2008 and ending on September 30, 2008)2004, plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008calculated quarterly.
Appears in 2 contracts
Samples: Credit Agreement (Gladstone Commercial Corp), Credit Agreement (Gladstone Commercial Corp)
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to will at no time be less than (i) $1,015,000,000, 175,000,000 plus (ii) 70100% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at during any time period after December 31, 2005 (other than the period commencing on January 1, 2008 and ending on September Fiscal Year ended November 30, 2008)2002, plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008calculated quarterly.
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Samples: Credit Agreement (Bassett Furniture Industries Inc)
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to will at no time be less than (i) $1,015,000,000, 47,217,170 plus (ii) 7050% of the cumulative Net Proceeds of Capital StockSecurities/Conversion of Debt received at during any time period after December 31, 2005 (other than the period commencing on January 12005, 2008 and ending on September 30, 2008), plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008calculated quarterly.
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Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to be less than (i) $1,015,000,000, 1,800,000,000 plus (ii) 7075% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after December 31, 2005 (other than excluding the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008by a Consolidated Subsidiary to a Consolidated Subsidiary or to Borrower).
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Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to be less than (i) $1,015,000,000, 930,000,000 plus (ii) 7075% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after December 31March 25, 2005 2004 (other than excluding the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008by a Consolidated Subsidiary to a Consolidated Subsidiary or to Borrower).
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Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to be less than (i) $1,015,000,000, 1,000,000,000 plus (ii) 7075% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after December 31, 2005 (other than the period commencing on January September 1, 2008 and ending on September 30, 2008), plus 2004 (iii) 30% of excluding the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008by a Consolidated Subsidiary to a Consolidated Subsidiary or to Borrower).
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Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to shall not be less than the sum of (i) $1,015,000,000, 555,000,000 plus (ii) 7035.0% of the cumulative Net Proceeds of Capital StockSecurities/Conversion of Debt received after September 27, 2013, calculated quarterly at any time after December 31, 2005 (other than the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% end of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008each Fiscal Quarter.
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Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to be less than (i) $1,015,000,0001,725,000,000, plus (ii) 70% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after December 31February 24, 2005 (other than the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 20082010.
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Samples: Credit Agreement (Capitalsource Inc)
Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to be less than (i) $1,015,000,000, 975,000,000 plus (ii) 7060% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time after December 31, 2005 the Closing Date (other than excluding the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008by a Consolidated Subsidiary to a Consolidated Subsidiary or to Borrower).
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Minimum Consolidated Tangible Net Worth. Consolidated Tangible Net Worth to shall not be less than the sum of (i) $1,015,000,000, 555,000,000 plus (ii) 7080.035.0% of the cumulative Net Proceeds of Capital StockSecurities/Conversion of Debt received after September 27, 2013, calculated quarterly at any time after December 31, 2005 (other than the period commencing on January 1, 2008 and ending on September 30, 2008), plus (iii) 30% end of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received at any time during the period commencing on January 1, 2008 and ending on September 30, 2008each Fiscal Quarter.
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