Minimum Shareholders’ Equity Sample Clauses

Minimum Shareholders’ Equity. The Borrower will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Borrower to be less than $500,000,000 plus 25% of the net proceeds of the sale of Equity Interests by the Borrower and its Subsidiaries after the Ninth Amendment Effective Date (other than proceeds of sales of Equity Interests by and among the Borrower and its Subsidiaries).
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Minimum Shareholders’ Equity. The Company will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Company to be less than 60% of Shareholders’ Equity at the last day of the prior fiscal quarter of the Company plus 25% of the net proceeds of the sale of Equity Interests by the Company and its Subsidiaries in the prior fiscal quarter.
Minimum Shareholders’ Equity. Shareholders' Equity will at no time be less than $257,234,000 plus the sum of (i) 50% of the cumulative Reported Net Income of the Parent and its Consolidated Subsidiaries during any period after July 31, 1998 (taken as one accounting period), calculated quarterly but excluding from such calculations of Reported Net Income for purposes of this clause (i) any quarter in which the Consolidated Net Income of the Parent and its Consolidated Subsidiaries is negative, and (ii) 100% of the cumulative Net Proceeds of Capital Stock/Conversion of Debt received during any period after the Closing Date, calculated quarterly.
Minimum Shareholders’ Equity. The Borrower will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Borrower to be less than $707,000,000, plus 25% of the net cash proceeds of the sale of Equity Interests by the Borrower after the Effective Date (other than proceeds of any distribution or dividend reinvestment plan) less 25% of the amount paid or distributed by the Borrower to purchase its shares of common stock in connection with a Tender Offer less 25% of the aggregate amount of Equity Interests of the Borrower redeemed, bought back or purchased by the Borrower after the Effective Date.
Minimum Shareholders’ Equity. The Borrower will not permit its Shareholders’ Equity at the last day of any fiscal quarter to be less than the greater of (a) $163,800,000 and (b) the sum of (i) $163,800,000 plus (ii) 25% of the net cash proceeds of the sale of Equity Interests of the Borrower after the Effective Date (other than proceeds of any distribution or dividend reinvestment plan) minus (iii) the sum of (A) 25% of the aggregate amount paid or distributed by the Borrower to purchase its shares of common stock in connection with a tender offer after the Effective Date plus (B) 25% of the sum of the Redemption Amount for each quarterly period since the Effective Date.
Minimum Shareholders’ Equity. Such Borrower will not permit its Shareholders’ Equity at the last day of any fiscal quarter of such Borrower to be less than the greater of (1) 40% of the total assets of such Borrower and its Subsidiaries as at the last day of such fiscal quarter (determined on a consolidated basis in accordance with GAAP) and (2) the sum of (A) 65% of (x) the Shareholders’ Equity of such Borrower as of the Effective Date less (y) in case the case of any Unlisted Borrower, the lesser of (i) the amount paid or distributed by such Unlisted Borrower to purchase its shares of common stock in connection with a Tender Offer consummated after the Effective Date and (ii) the product of (I) $250,000,000 multiplied by (II) the sum of one plus the number of Borrower Mergers effected by such Obligor Group on or after the Effective Date plus (B) 65% of (x) the Shareholders’ Equity as of the Effective Date of any other Borrower merged or consolidated into such Borrower by way of a Borrower Merger less (y) in the case of any Unlisted Borrower that is a Non-Surviving Borrower of such Borrower Merger, the lesser of (i) the amount paid or distributed by such Unlisted Borrower to purchase its shares of common stock in connection with a Tender Offer consummated after the Effective Date and (ii) the product of (I) $250,000,000 multiplied by (II) the sum of one plus the number of Borrower Mergers effected by such Obligor Group on or after the Effective Date, plus (C) 37.5% of the net cash proceeds of the sale of Equity Interests by such Borrower after the Effective Date (other than proceeds of any distribution or dividend reinvestment plan), plus (D) 37.5% of the net cash proceeds of the sale of Equity Interests received after the Effective Date by any Non-Surviving Obligor that was a Borrower and was a party to a Borrower Merger with such Borrower (other than proceeds of any distribution or dividend reinvestment plan).
Minimum Shareholders’ Equity. Commencing with the fiscal quarter in which this Agreement is executed and terminating with the fiscal quarter in which this Agreement terminates, Textron shall make such equity contributions to TFC as may be required to ensure that the consolidated shareholders equity of TFC shall not be less than $200,000,000. Any contributions of equity required by this Agreement shall be made not later than the end of the next fiscal quarter. Such additional equity contributions may be in any form of asset which is eligible for treatment as shareholder equity in accordance with generally accepted accounting principles.
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Minimum Shareholders’ Equity. Beginning on June 30, 2006, and as of the last day of each fiscal quarter thereafter, it will not permit shareholders’ equity (in accordance with GAAP) to be less than Cdn. $50,000,000 plus 50% of Net Income after June 30, 2006 (to the extent it is positive) and 50% of the net proceeds of any equity issuances of the Borrower after that date.
Minimum Shareholders’ Equity. As of any fiscal quarter end, permit Shareholder's Equity to be less than the sum of (a) $200,000,000 plus (b) seventy-five percent (75%) of the Net Equity Proceeds from any equity offering after March 1, 1997.
Minimum Shareholders’ Equity. The Borrower will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Borrower to be less than $347,100,000 plus 25% of the net cash proceeds of the sale of Equity Interests by the Borrower after the Effective Date (other than proceeds (x) of sales of Equity Interests by and among the Borrower and its Subsidiaries and (y) of any distribution or dividend reinvestment plan) less the amount paid or distributed by the Borrower to purchase its shares of common stock in connection with a Tender Offer less the aggregate amount paid in cash for Equity Interests of the Borrower redeemed, bought back or purchased by the Borrower after the Effective Date.
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